nVent Electric (NYSE: NVT) CEO gifts 3,818 shares, holds 55,586
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
nVent Electric plc Chair and CEO Beth Wozniak reported a bona fide gift of 3,818 Ordinary Shares. The shares were transferred at a stated price of $0.00 per share, reflecting a non-market, charitable or personal transfer rather than a sale.
After this disposition, Wozniak directly holds 55,585.6314 Ordinary Shares. A footnote explains that end-of-period holdings include monthly purchases under the nVent Electric plc Employee Stock Purchase Plan in exempt transactions pursuant to Rule 16b-3(c), indicating ongoing accumulation through an employee stock purchase program.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,818 shares gifted
Mixed
1 txn
Insider
Wozniak Beth
Role
Chair & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Ordinary Shares | 3,818 | $0.00 | -- |
Holdings After Transaction:
Ordinary Shares — 55,585.631 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Gifted shares: 3,818 shares
Price per gifted share: $0.00 per share
Shares held after transaction: 55,585.6314 shares
+2 more
5 metrics
Gifted shares
3,818 shares
Bona fide gift of Ordinary Shares on 2026-05-04
Price per gifted share
$0.00 per share
Stated transaction price for gifted shares
Shares held after transaction
55,585.6314 shares
Direct Ordinary Share holdings following gift
Gift transactions count
1 transaction
Form 4 transaction summary giftCount
Gifted share total in summary
3,818 shares
Form 4 transactionSummary giftShares
Key Terms
bona fide gift, Employee Stock Purchase Plan (ESPP), Rule 16b-3(c)
3 terms
bona fide gift financial
"The transaction code “G” is described as a bona fide gift"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Employee Stock Purchase Plan (ESPP) financial
"monthly purchases under the nVent Electric plc Employee Stock Purchase Plan (ESPP)"
Rule 16b-3(c) regulatory
"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.
FAQ
What insider transaction did nVent Electric (NVT) CEO Beth Wozniak report?
Beth Wozniak reported a bona fide gift of nVent Electric (NVT) Ordinary Shares. The Form 4 shows she transferred 3,818 shares at a stated price of $0.00 per share, indicating a non-market gift rather than an open-market sale or purchase.
Was the nVent Electric (NVT) CEO’s transaction a sale or a gift?
The transaction was a gift, not a sale. It is coded “G” for bona fide gift, with 3,818 shares transferred at $0.00 per share. No open-market sale price or proceeds are reported in connection with this disposition.
What does the footnote about nVent Electric (NVT) ESPP purchases mean?
The footnote states that end-of-period holdings include monthly purchases under the nVent Electric plc Employee Stock Purchase Plan. These purchases occur in exempt transactions under Rule 16b-3(c), meaning they are structured as routine employee plan acquisitions rather than discretionary market trades.