nVent (NYSE: NVT) HR chief sells shares after exercising options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
nVent Electric plc EVP & Chief HR Officer Lynnette R. Heath reported an option exercise, share sales and a small gift of stock. She exercised employee stock options covering 27,471 ordinary shares at $25.92 per share, converting them into common equity.
On the same date, she sold a total of 27,471 ordinary shares in open-market trades at weighted average prices of $167.9695 and $167.5362 per share, with actual sale prices ranging within disclosed ranges. She also made a bona fide gift of 210 shares. After these transactions, she directly holds 37,089.0078 ordinary shares, which include monthly purchases under the company’s Employee Stock Purchase Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 27,471 shares ($4,603,735)
Net Sell
5 txns
Insider
Heath Lynnette R
Role
EVP & Chief HR Officer
Sold
27,471 shs ($4.60M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (right to buy) | 27,471 | $0.00 | -- |
| Gift | Ordinary Shares | 210 | $0.00 | -- |
| Exercise | Ordinary Shares | 27,471 | $25.92 | $712K |
| Sale | Ordinary Shares | 24,360 | $167.5362 | $4.08M |
| Sale | Ordinary Shares | 3,111 | $167.9695 | $523K |
Holdings After Transaction:
Employee Stock Option (right to buy) — 0 shares (Direct, null);
Ordinary Shares — 37,089.008 shares (Direct, null)
Footnotes (1)
- 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). The price in Column 4 is a weighted average price. The prices actually received ranged from $166.84 to $167.84. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price. The price in Column 4 is a weighted average price. The prices actually received ranged from $167.845 to $168.28. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price. This option is presently exercisable in full.
Key Figures
Shares sold: 27,471 shares
Sale prices: $167.9695 and $167.5362 per share
Options exercised: 27,471 shares at $25.92
+3 more
6 metrics
Shares sold
27,471 shares
Ordinary shares sold in open-market transactions on 2026-05-06
Sale prices
$167.9695 and $167.5362 per share
Weighted average prices for ordinary share sales
Options exercised
27,471 shares at $25.92
Employee stock option exercise converting into ordinary shares
Gifted shares
210 shares
Bona fide gift of ordinary shares at $0.00
Shares held after
37,089.0078 shares
Direct ordinary share holdings after all transactions
Option expiration
2030-01-02
Expiration date of exercised employee stock option grant
Key Terms
Employee Stock Option (right to buy), Rule 16b-3(c), Employee Stock Purchase Plan (ESPP), weighted average price, +1 more
5 terms
Employee Stock Option (right to buy) financial
"security_title": "Employee Stock Option (right to buy)""
Rule 16b-3(c) regulatory
"purchases under the nVent Electric plc Employee Stock Purchase Plan (ESPP) 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.
Employee Stock Purchase Plan (ESPP) financial
"purchases under the nVent Electric plc Employee Stock Purchase Plan (ESPP) in exempt transactions"
weighted average price financial
"The price in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
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.
FAQ
What did nVent (NVT) executive Lynnette R. Heath do in this Form 4 filing?
Lynnette R. Heath exercised stock options, sold shares, and made a small stock gift. She converted options for 27,471 ordinary shares, sold 27,471 shares in open-market trades, and gifted 210 shares, ending with 37,089.0078 shares held directly.
What stock options did Lynnette R. Heath exercise in the nVent (NVT) Form 4?
She exercised an employee stock option covering 27,471 ordinary shares at an exercise price of $25.92 per share. Following the option exercise, the reported option position was reduced to zero, indicating those options were fully exercised into ordinary shares.
Did the nVent (NVT) Form 4 include any stock gifts by Lynnette R. Heath?
Yes. The Form 4 shows a bona fide gift transaction coded as “G” for 210 ordinary shares at a price of $0.00. This represents a transfer without consideration, separate from her open-market sale transactions and option exercise activity.
What does the weighted average price disclosure mean in the nVent (NVT) Form 4?
The filing reports weighted average sale prices, with actual prices ranging between specified dollar amounts. Heath has made detailed trade breakdowns available to the company, any security holder, or SEC staff on request, covering the number of shares sold at each price within the ranges.