nVent EVP sells shares, exercises stock options
nVent Electric plc executive Martha Claire Bennett reported option exercises and share sales.
Rhea-AI Filing Summary
nVent Electric plc executive Martha Claire Bennett reported option exercises and share sales. She exercised employee stock options for 2,457 ordinary shares at a price of $56.35 per share, then made open-market sales totaling 1,321 and 2,457 ordinary shares at $170.00 per share. After these transactions, she directly held 1,531.4878 ordinary shares. A separate entry shows 15,763.6560 ordinary shares in the form of restricted stock units as of the period end, with footnotes stating that end-of-period holdings also include shares from the employee stock purchase plan and a dividend reinvestment plan acquired in exempt transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
5 txns
Insider
Bennett Martha Claire
Role
EVP & Chief Marketing Officer
Sold
3,778 shs ($642K)
Approx. gross sale proceeds
$642K
Approx. exercise cost
$138K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (right to buy) | 2,457 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 2,457 | $56.35 | $138K |
| Sale | Ordinary Shares | 2,457 | $170.00 | $418K |
| Sale | Ordinary Shares | 1,321 | $170.00 | $225K |
| holding | Ordinary Shares - Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Employee Stock Option (right to buy) — 9,517 contracts (Direct);
Ordinary Shares — 224.7783 shares (Direct);
Ordinary Shares - Restricted Stock Units — 15,763.656 shares (Direct)
Footnotes (3)
- F1. End-of-period holdings include monthly purchases under the nVent Electric plc Employee Stock Purchase Plan (ESPP) in exempt transactions pursuant to Rule 16b-3(c).
- F2. 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).
- F3. One-third of the stock options become exercisable on the first, second and third anniversary of March 5, 2025.
Key Figures
Open-market sale 1: 1,321 shares at $170.00
Open-market sale 2: 2,457 shares at $170.00
Option exercise size: 2,457 shares at $56.35
+3 more
6 metrics
Open-market sale 1
1,321 shares at $170.00
Ordinary Shares sale on May 11, 2026
Open-market sale 2
2,457 shares at $170.00
Ordinary Shares sale on May 11, 2026
Option exercise size
2,457 shares at $56.35
Employee stock option exercise on May 11, 2026
Ordinary shares held
1,531.4878 shares
Direct ordinary share holdings after transactions
RSU-related holdings
15,763.6560 shares
Ordinary Shares - Restricted Stock Units end-of-period
Option expiration
2035-03-03
Employee stock option expiration date
Key Terms
Restricted Stock Units, Employee Stock Purchase Plan (ESPP), Rule 16b-3(c), dividend reinvestment plan, +1 more
5 terms
Restricted Stock Units financial
"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.
Employee Stock Purchase Plan (ESPP) financial
"include monthly purchases under the nVent Electric plc Employee Stock Purchase Plan (ESPP)"
Rule 16b-3(c) regulatory
"in exempt transactions pursuant to Rule 16b-3(c)"
An SEC rule that lets corporate insiders avoid automatic "short‑swing" profit recovery when they buy or sell their company’s stock under a pre‑approved, written plan that meets specific conditions. For investors, it matters because it clarifies when insider trades are treated as routine, reducing legal uncertainty and helping distinguish trades made for ordinary compensation or pre‑planned reasons from those that might signal opportunistic or timely insider advantage.
dividend reinvestment plan financial
"include shares acquired under a dividend reinvestment plan"
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.
Employee Stock Option financial
"Employee Stock Option (right to buy)"
An employee stock option is a promise that lets a worker buy company shares later at a predetermined price, often after they stay for a certain period or meet performance goals — think of it like a coupon that locks in today's price for a future purchase. It matters to investors because options align employees’ incentives with company performance, can increase the number of shares outstanding (dilution) when exercised, and represent a compensation cost that affects reported profits and shareholder value.
FAQ
What did nVent Electric (NVT) executive Martha Claire Bennett do in this Form 4?
Martha Claire Bennett reported exercising employee stock options and selling ordinary shares. She exercised options for 2,457 shares at $56.35 and sold shares in two open-market transactions at $170.00 per share, updating her direct and restricted holdings.
What stock options did Martha Claire Bennett exercise in nVent Electric (NVT)?
She exercised employee stock options linked to 2,457 underlying ordinary shares at an exercise price of $56.35 per share. A footnote explains that one-third of these options become exercisable on the first, second, and third anniversaries of March 5, 2025.
How many restricted stock units does Martha Claire Bennett hold in nVent Electric (NVT)?
An entry labeled “Ordinary Shares - Restricted Stock Units” shows end-of-period holdings of 15,763.6560 shares. These represent restricted stock unit-related ordinary shares, separate from her directly held ordinary share balance after the reported sales.
What do the ESPP and dividend reinvestment footnotes mean for this nVent Electric Form 4?
Footnotes state that end-of-period holdings include shares from the Employee Stock Purchase Plan and a dividend reinvestment plan. These shares were acquired in exempt transactions under Rule 16b-3(c) or not required to be reported under Section 16(a), so they appear only in the holdings totals.
AI-generated analysis. How Rhea-AI works. Not financial advice.
