nVent Electric executive surrenders shares for taxes
Nitin Jain, EVP and Chief Strategy Officer of nVent Electric plc, surrendered 283 ordinary shares on July 17, 2026 at $154.92 per share to satisfy tax withholding on vested restricted stock units.
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Form Type
4
Rhea-AI Filing Summary
Nitin Jain, EVP and Chief Strategy Officer of nVent Electric plc, surrendered 283 ordinary shares on July 17, 2026 at $154.92 per share to satisfy tax withholding on vested restricted stock units. After these events, he directly holds 19,762.5246 ordinary shares and 6,704.4240 restricted stock units, including ESPP purchases.
Insider Trade Summary
Tax Withholding: 283 shares
Tax Withholding
2 txns
Insider
Jain Nitin
Role
EVP and Chief Strategy Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares F1, F2, F3 | 283 | $154.92 | $44K |
| holding | Ordinary Shares - Restricted Stock Units F3 | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 19,762.5246 shares (Direct);
Ordinary Shares - Restricted Stock Units — 6,704.424 shares (Direct)
Footnotes (3)
- F1. Shares surrendered to pay taxes applicable to vesting of restricted stock units.
- F2. 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).
- F3. End-of-period holdings reflect the vesting of restricted stock units that were previously reported.
Key Figures
Shares surrendered for taxes: 283 shares
Tax-withholding share price: $154.92 per share
Ordinary shares held after transaction: 19,762.5246 shares
+2 more
5 metrics
Shares surrendered for taxes
283 shares
Ordinary shares surrendered on July 17, 2026 to pay taxes on RSU vesting
Tax-withholding share price
$154.92 per share
Value applied to ordinary shares surrendered for tax withholding on July 17, 2026
Ordinary shares held after transaction
19,762.5246 shares
Direct holdings of nVent Electric ordinary shares following the tax-withholding disposition
Restricted stock units held after vesting
6,704.4240 RSUs
Direct RSU holdings after reflecting vesting and related tax-withholding share surrender
Tax-withholding transactions reported
1 transaction
Number of Form 4 transactions coded as tax-withholding dispositions (code F)
Key Terms
restricted stock units, Employee Stock Purchase Plan (ESPP), Rule 16b-3(c), tax-withholding disposition
4 terms
restricted stock units financial
"Shares surrendered to pay taxes applicable to vesting of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Employee Stock Purchase Plan (ESPP) financial
"Holdings include monthly purchases under the Employee Stock Purchase Plan (ESPP)"
Rule 16b-3(c) regulatory
"Monthly ESPP purchases occur 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.
tax-withholding disposition financial
"Transaction code F reflects a tax-withholding disposition of ordinary shares"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Nitin Jain report for nVent Electric (NVT)?
He reported surrendering 283 shares of nVent Electric to cover taxes on vested RSUs at $154.92 per share. This Form 4 transaction is coded F, indicating a tax-withholding disposition rather than an open-market sale of shares.
Was Nitin Jain’s nVent Electric (NVT) transaction a sale on the open market?
No, the Form 4 shows a tax-withholding disposition of 283 shares to pay RSU-related taxes. Footnotes state the shares were surrendered for tax obligations, meaning this was not a discretionary open-market sale for portfolio or liquidity purposes.
Do Nitin Jain’s nVent Electric (NVT) holdings include ESPP purchases?
Yes, end-of-period holdings include monthly purchases under the company’s Employee Stock Purchase Plan (ESPP). A footnote explains those ESPP acquisitions occur in transactions exempt under Rule 16b-3(c), and they are part of his reported direct share balance.
Was Nitin Jain’s NVT transaction under a Rule 10b5-1 trading plan?
No, the Form 4 indicates the Rule 10b5-1 checkbox is not marked, so the transaction is not reported as being executed under a pre-arranged Rule 10b5-1 trading plan. It is specifically described as a tax-withholding event related to RSU vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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