nVent director reports RSU grant, tax share surrender
nVent Electric plc director Danita K. Ostling reported routine equity compensation activity.
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Rhea-AI Filing Summary
nVent Electric plc director Danita K. Ostling reported routine equity compensation activity. She received 976 restricted stock units, each representing one nVent share upon vesting, under the company’s 2018 Omnibus Incentive Plan. To cover taxes on vesting of prior RSUs, 355 shares were surrendered at $169.01 per share. After these transactions, she directly holds 6,778 ordinary shares, plus 976 RSUs, with end-of-period holdings also reflecting shares acquired via a dividend reinvestment plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares - Restricted Stock Units | 976 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Ordinary Shares | 355 | $169.01 | $60K |
Footnotes (4)
- F1. Restricted stock units granted pursuant to and subject to a vesting condition of the nVent Electric plc 2018 Omnibus Incentive Plan. Each restricted stock unit represents a right to receive one nVent Electric plc share upon vesting.
- 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. End-of-period holdings reflect the vesting of restricted stock units that were previously reported.
- F4. Shares surrendered to pay taxes applicable to vesting of restricted stock units.
Key Figures
Key Terms
Restricted stock units financial
nVent Electric plc 2018 Omnibus Incentive Plan financial
dividend reinvestment plan financial
Section 16(a) regulatory
taxes applicable to vesting financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did nVent (NVT) director Danita K. Ostling report?
Was the nVent (NVT) Form 4 transaction a market sale or tax withholding?
What equity award did Danita K. Ostling receive from nVent (NVT)?
AI-generated analysis. How Rhea-AI works. Not financial advice.