nVent SVP receives new stock options, RSUs
nVent Electric plc reported that SVP & Chief Accounting Officer Randolph A. Wacker received new equity awards on March 2, 2026.
Rhea-AI Filing Summary
nVent Electric plc reported that SVP & Chief Accounting Officer Randolph A. Wacker received new equity awards on March 2, 2026. He was granted 1,759 employee stock options and 728 restricted stock units (RSUs) under the nVent Electric plc 2018 Omnibus Incentive Plan, both at no cash cost to him.
According to the footnotes, one-third of the stock options and one-third of the RSUs vest on each of the first, second, and third anniversaries of March 5, 2026, and each RSU converts into one nVent share upon vesting. After these awards, he directly holds 4,760.652 ordinary shares and has an additional 15,086.298 ordinary shares held indirectly in a deferral plan by a plan agent, reflecting deferred vested RSUs that will be delivered under his irrevocable deferral election.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (right to buy) | 1,759 | $0.00 | $0.00 |
| Grant/Award | Ordinary Shares - Restricted Stock Units | 728 | $0.00 | $0.00 |
| holding | Ordinary Shares - Deferral Plan | -- | -- | -- |
Footnotes (5)
- F1. Restricted stock units granted pursuant to the nVent Electric plc 2018 Omnibus Incentive Plan. One-third of the restricted stock units vest on the first, second and third anniversary of March 5, 2026. Each restricted stock unit represents a right to receive one nVent Electric plc share upon vesting.
- F2. End-of-period holdings reflect the deferral of vested restricted stock units.
- F3. Shares of nVent Electric plc will be delivered to the reporting person in accordance with their irrevocable deferral election.
- F4. Employee stock option granted under the nVent 2018 Omnibus Incentive Plan.
- F5. One-third of the stock options become exercisable on the first, second and third anniversary of March 5, 2026.
FAQ
What insider equity awards did nVent (NVT) disclose for Randolph A. Wacker?
How do the new nVent (NVT) restricted stock units for Randolph Wacker vest?
What are the vesting terms of the new nVent (NVT) stock options granted to Randolph Wacker?
What does the nVent (NVT) deferral plan holding for Randolph Wacker represent?
Are the recent nVent (NVT) insider transactions open-market buys or compensation grants?
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