nVent EVP Heath surrenders shares for taxes
nVent Electric plc EVP & Chief HR Officer Lynnette R. Heath reported two tax-related share dispositions on March 5, 2026.
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Rhea-AI Filing Summary
nVent Electric plc EVP & Chief HR Officer Lynnette R. Heath reported two tax-related share dispositions on March 5, 2026. She surrendered 2,495 and 1,842 ordinary shares at $110.55 per share to cover taxes on performance share unit and restricted stock unit vesting, not as open-market sales. Following these transactions, she directly owned 37,272.368 ordinary shares, plus 6,513.883 restricted stock units and 33,880.133 ordinary shares held indirectly in a deferral plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Ordinary Shares | 2,495 | $110.55 | $276K |
| Exercise Price or Tax Liability | Ordinary Shares | 1,842 | $110.55 | $204K |
| holding | Ordinary Shares - Restricted Stock Units | -- | -- | -- |
| holding | Ordinary Shares - Deferral Plan | -- | -- | -- |
Footnotes (5)
- 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. Shares of nVent Electric plc will be delivered to the reporting person in accordance with their irrevocable deferral election.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did nVent (NVT) executive Lynnette R. Heath report?
Were Lynnette R. Heath’s nVent (NVT) Form 4 transactions open-market sales?
What do the Form 4 footnotes reveal about Lynnette R. Heath’s nVent (NVT) equity awards?
What is the significance of code F on Lynnette R. Heath’s nVent (NVT) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.