nVent Electric CFO settles RSU tax with shares
nVent Electric plc EVP & Chief Financial Officer Gary Louis Corona surrendered 4,670 Ordinary Shares on the vesting of restricted stock units to cover associated tax obligations, at an indicated value of $130.56 per share.
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Rhea-AI Filing Summary
nVent Electric plc EVP & Chief Financial Officer Gary Louis Corona surrendered 4,670 Ordinary Shares on the vesting of restricted stock units to cover associated tax obligations, at an indicated value of $130.56 per share. This was a tax-withholding disposition, not an open-market sale.
Following this transaction, he directly holds 5,571 Ordinary Shares and 75,014.845 restricted stock units, reflecting previously reported awards that have vested or remain outstanding.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Ordinary Shares | 4,670 | $130.56 | $610K |
| holding | Ordinary Shares - Restricted Stock Units | -- | -- | -- |
Footnotes (2)
- F1. Shares surrendered to pay taxes applicable to vesting of restricted stock units.
- F2. End-of-period holdings reflect the vesting of restricted stock units that were previously reported.
Key Figures
Key Terms
restricted stock units financial
taxes applicable to vesting financial
FAQ
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What insider transaction did nVent Electric (NVT) disclose for its CFO?
Was the nVent Electric CFO’s Form 4 transaction a stock sale in the market?
What does the Form 4 reveal about restricted stock units at nVent Electric?
AI-generated analysis. How Rhea-AI works. Not financial advice.