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Tax withholding reshapes nVent (NVT) EVP Lynnette Heath’s share holdings

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

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.

Positive

  • None.

Negative

  • None.
Insider Heath Lynnette R
Role EVP & Chief HR Officer
Type Security Shares Price Value
Tax Withholding Ordinary Shares 2,495 $110.55 $276K
Tax Withholding Ordinary Shares 1,842 $110.55 $204K
holding Ordinary Shares - Restricted Stock Units -- -- --
holding Ordinary Shares - Deferral Plan -- -- --
Holdings After Transaction: Ordinary Shares — 35,077.368 shares (Direct); Ordinary Shares - Restricted Stock Units — 6,513.883 shares (Direct); Ordinary Shares - Deferral Plan — 33,880.133 shares (Indirect, Plan Agent)
Footnotes (1)
  1. Shares surrendered to pay taxes applicable to settlement of performance share units. End-of-period holdings reflect the deferral of vested performance share units. Shares surrendered to pay taxes applicable to vesting of restricted stock units. End-of-period holdings reflect the vesting of restricted stock units that were previously reported. Shares of nVent Electric plc will be delivered to the reporting person in accordance with their irrevocable deferral election.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Heath Lynnette R

(Last) (First) (Middle)
1665 UTICA AVENUE
SUITE 700

(Street)
ST. LOUIS PARK MN 55416

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
nVent Electric plc [ NVT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP & Chief HR Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/05/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Ordinary Shares 03/05/2026 F(1) 2,495 D $110.55 35,077.368(2) D
Ordinary Shares 03/05/2026 F(3) 1,842 D $110.55 37,272.368(2)(4) D
Ordinary Shares - Restricted Stock Units 6,513.883(4) D
Ordinary Shares - Deferral Plan 33,880.133(2)(5) I Plan Agent
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Shares surrendered to pay taxes applicable to settlement of performance share units.
2. End-of-period holdings reflect the deferral of vested performance share units.
3. Shares surrendered to pay taxes applicable to vesting of restricted stock units.
4. End-of-period holdings reflect the vesting of restricted stock units that were previously reported.
5. Shares of nVent Electric plc will be delivered to the reporting person in accordance with their irrevocable deferral election.
/s/ John K. Wilson, Attorney-in-Fact for Lynnette R. Heath 03/09/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did nVent (NVT) executive Lynnette R. Heath report?

nVent executive Lynnette R. Heath reported surrendering shares to cover tax obligations on vested equity awards. On March 5, 2026, she disposed of 2,495 and 1,842 ordinary shares at $110.55 per share, classified as tax-withholding dispositions rather than open-market sales.

Were Lynnette R. Heath’s nVent (NVT) Form 4 transactions open-market sales?

The transactions were not open-market sales. They were coded as tax-withholding dispositions, with shares surrendered to pay taxes on settlement of performance share units and vesting of restricted stock units, according to the Form 4 footnotes, rather than discretionary selling into the market.

How many nVent (NVT) shares does Lynnette R. Heath hold after these Form 4 transactions?

After these transactions, Lynnette R. Heath directly held 37,272.368 ordinary shares. She also held 6,513.883 ordinary shares in the form of restricted stock units and 33,880.133 ordinary shares indirectly through a deferral plan, to be delivered under her irrevocable deferral election.

What do the Form 4 footnotes reveal about Lynnette R. Heath’s nVent (NVT) equity awards?

The footnotes explain that shares were surrendered to pay taxes on performance share unit settlements and restricted stock unit vesting. They also state that end-of-period holdings reflect vested awards and that deferred shares will be delivered later under her irrevocable deferral election arrangements.

What is the significance of code F on Lynnette R. Heath’s nVent (NVT) Form 4?

Code F indicates shares used to pay exercise price or tax liabilities. In this case, Heath’s F-coded transactions represent shares surrendered to satisfy tax obligations tied to performance share units and restricted stock units, distinguishing them from voluntary open-market purchases or sales of nVent ordinary shares.