nVent Electric (NVT) CTO makes 660-share stock gift by insider
Rhea-AI Filing Summary
nVent Electric plc (NVT) reported that EVP & Chief Technology Officer Aravind Padmanabhan made a bona fide gift of 660 Ordinary Shares on 2026-08-25. Following this transfer, he directly holds 24,818.3141 Ordinary Shares, plus 7,486.2250 Ordinary Shares in Restricted Stock Units and 83,322.5870 Ordinary Shares in a Deferral Plan held indirectly through a plan agent. A footnote states that end-of-period holdings include shares acquired under a dividend reinvestment plan in exempt transactions not required to be reported under Section 16(a).
Positive
- None.
Negative
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Insider Trade Summary
Net Seller: 660 shares
Net Sell
3 txns
Insider
Padmanabhan Aravind
Role
EVP & Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Ordinary Shares F1 | 660 | $0.00 | $0.00 |
| holding | Ordinary Shares - Restricted Stock Units F1 | -- | -- | -- |
| holding | Ordinary Shares - Deferral Plan F1 | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 24,818.3141 shares (Direct);
Ordinary Shares - Restricted Stock Units — 7,486.225 shares (Direct);
Ordinary Shares - Deferral Plan — 83,322.587 shares (Indirect, Plan Agent)
Footnotes (1)
- F1. End-of-period holdings include shares acquired under a dividend reinvestment plan in exempt transactions not required to be reported pursuant to Section 16(a).
Key Figures
Gifted Ordinary Shares: 660 Ordinary Shares
Price per gifted share: $0.0000 per share
Direct Ordinary Shares after transaction: 24,818.3141 Ordinary Shares
+2 more
5 metrics
Gifted Ordinary Shares
660 Ordinary Shares
Bona fide gift on 2026-08-25 by EVP & Chief Technology Officer Aravind Padmanabhan
Price per gifted share
$0.0000 per share
Reported transfer price for the 660-share bona fide gift
Direct Ordinary Shares after transaction
24,818.3141 Ordinary Shares
Direct holdings of Aravind Padmanabhan after the 660-share gift
Restricted Stock Units holdings
7,486.2250 Ordinary Shares - Restricted Stock Units
End-of-period RSU-based Ordinary Share holdings reported as direct
Deferral Plan holdings
83,322.5870 Ordinary Shares - Deferral Plan
End-of-period Ordinary Shares held indirectly through a Deferral Plan by a plan agent
Key Terms
bona fide gift, Restricted Stock Units, Deferral Plan, dividend reinvestment plan, +1 more
5 terms
bona fide gift financial
"transaction_code_description": "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Restricted Stock Units financial
"security_title": "Ordinary Shares - Restricted Stock Units""
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Deferral Plan financial
"security_title": "Ordinary Shares - Deferral Plan""
dividend reinvestment plan financial
"include shares acquired under a dividend reinvestment plan in exempt"
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
Section 16(a) regulatory
"transactions not required to be reported pursuant to Section 16(a)"
FAQ
What insider transaction did NVT executive Aravind Padmanabhan report?
Aravind Padmanabhan reported a bona fide gift of 660 Ordinary Shares of nVent Electric plc (NVT) on 2026-08-25, reducing his directly held shares to 24,818.3141 after the transaction.
What does the footnote about dividend reinvestment mean for NVT insider holdings?
The footnote states that end-of-period holdings for Aravind Padmanabhan include shares acquired under a dividend reinvestment plan in exempt transactions that are not required to be reported under Section 16(a).
AI-generated analysis. How Rhea-AI works. Not financial advice.
