nVent director reports RSU grant and tax share surrender
nVent Electric plc director Michael L. Ducker reported routine equity compensation activity.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
nVent Electric plc director Michael L. Ducker reported routine equity compensation activity. He surrendered 602 ordinary shares at $169.01 per share to cover taxes tied to vesting of previously granted restricted stock units. He also received a new grant of 976 restricted stock units under the 2018 Omnibus Incentive Plan, and now directly holds 29,523 ordinary shares plus 976 unvested restricted stock units.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
DUCKER MICHAEL L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares - Restricted Stock Units | 976 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Ordinary Shares | 602 | $169.01 | $102K |
Holdings After Transaction:
Ordinary Shares - Restricted Stock Units — 976 shares (Direct);
Ordinary Shares — 29,523 shares (Direct)
Footnotes (4)
- F1. Restricted stock units granted pursuant to and subject to a vesting condition of the nVent Electric plc 2018 Omnibus Incentive Plan. Each restricted stock unit represents a right to receive one nVent Electric plc share upon vesting.
- F2. End-of-period holdings reflect the vesting of restricted stock units that were previously reported.
- F3. 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).
- F4. Shares surrendered to pay taxes applicable to vesting of restricted stock units.
Key Figures
Shares surrendered for taxes: 602 shares
Tax withholding share price: $169.01 per share
Ordinary shares after transaction: 29,523 shares
+2 more
5 metrics
Shares surrendered for taxes
602 shares
Ordinary shares used to pay tax on RSU vesting
Tax withholding share price
$169.01 per share
Value assigned to 602 surrendered ordinary shares
Ordinary shares after transaction
29,523 shares
Director’s direct holdings of ordinary shares following disposition
New RSU grant
976 restricted stock units
RSUs granted under 2018 Omnibus Incentive Plan
RSU holdings after grant
976 restricted stock units
Total RSUs directly held after acquisition
Key Terms
Restricted stock units, 2018 Omnibus Incentive Plan, dividend reinvestment plan, Section 16(a), +1 more
5 terms
Restricted stock units financial
"Restricted stock units granted pursuant to and subject to a vesting condition of the nVent Electric plc 2018 Omnibus Incentive Plan."
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.
2018 Omnibus Incentive Plan financial
"Restricted stock units granted pursuant to and subject to a vesting condition of the nVent Electric plc 2018 Omnibus Incentive Plan."
dividend reinvestment plan financial
"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)."
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
"Exempt transactions not required to be reported pursuant to Section 16(a)."
tax-withholding disposition financial
"Shares surrendered to pay taxes applicable to vesting of restricted stock units."
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did nVent Electric (NVT) director Michael L. Ducker report?
Michael L. Ducker reported a tax-withholding disposition of 602 ordinary shares and a grant of 976 restricted stock units. The share surrender covered taxes on vesting RSUs, while the new RSU award was granted under the company’s 2018 Omnibus Incentive Plan.
What are the terms of the 976 restricted stock units granted to the nVent (NVT) director?
The 976 restricted stock units were granted under the nVent Electric plc 2018 Omnibus Incentive Plan and are subject to a vesting condition. Each restricted stock unit represents a right to receive one nVent ordinary share upon vesting, as described in the Form 4 footnotes.
Does the Form 4 for nVent Electric (NVT) show any open-market buying or selling by the director?
The Form 4 does not show any open-market purchases or sales. It reports a tax-withholding disposition of 602 shares and a grant of 976 restricted stock units, both related to equity compensation and vesting, rather than discretionary trading in the open market.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Accepted by SEC EDGAR
Learn about SEC filing dates