nVent EVP surrenders shares for tax withholding
nVent Electric plc executive reports routine share dispositions for taxes.
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Rhea-AI Filing Summary
nVent Electric plc executive reports routine share dispositions for taxes. EVP & Chief Technology Officer Aravind Padmanabhan surrendered 924 and 983 ordinary shares of nVent on March 5, 2026 at $110.55 per share to pay taxes tied to performance share units and restricted stock unit vesting.
These transactions were coded as tax-withholding dispositions, not open-market sales. After these adjustments, he directly holds 30,231.2291 ordinary shares, plus 7,470.809 ordinary shares underlying restricted stock units and 69,007.127 ordinary shares in a deferral plan held through a plan agent.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Ordinary Shares | 924 | $110.55 | $102K |
| Exercise Price or Tax Liability | Ordinary Shares | 983 | $110.55 | $109K |
| holding | Ordinary Shares - Restricted Stock Units | -- | -- | -- |
| holding | Ordinary Shares - Deferral Plan | -- | -- | -- |
Footnotes (6)
- F1. Shares surrendered to pay taxes applicable to settlement of performance share units.
- F2. End-of-period holdings reflect the deferral of vested performance share units.
- F3. Shares surrendered to pay taxes applicable to vesting of restricted stock units.
- F4. End-of-period holdings reflect the vesting of restricted stock units that were previously reported.
- F5. End-of-period holdings reflect the deferral of vested restricted stock units.
- F6. Shares of nVent Electric plc will be delivered to the reporting person in accordance with their irrevocable deferral election.
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What insider activity did nVent (NVT) report for Aravind Padmanabhan?
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