nVent SVP surrenders shares for tax obligations
nVent Electric plc senior vice president and chief accounting officer Randolph A. Wacker reported routine tax-related share transactions.
Rhea-AI Filing Summary
nVent Electric plc senior vice president and chief accounting officer Randolph A. Wacker reported routine tax-related share transactions. On settlement of performance share units and vesting of restricted stock units, he surrendered 1,831 and 514 ordinary shares, respectively, at $110.55 per share to cover related tax obligations.
After these tax-withholding dispositions, he held 49,844.7301 ordinary shares directly, 3,183.6520 ordinary shares in restricted stock units, and 16,724.2980 ordinary shares credited under a deferral plan to be delivered according to his irrevocable deferral election.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Ordinary Shares | 1,831 | $110.55 | $202K |
| Exercise Price or Tax Liability | Ordinary Shares | 514 | $110.55 | $57K |
| holding | Ordinary Shares - Restricted Stock Units | -- | -- | -- |
| holding | Ordinary Shares - Deferral Plan | -- | -- | -- |
Footnotes (6)
- F1. Shares surrendered to pay taxes applicable to settlement of performance share units.
- F2. End-of-period holdings reflect the deferral of vested performance share units.
- F3. Shares surrendered to pay taxes applicable to vesting of restricted stock units.
- F4. End-of-period holdings reflect the vesting of restricted stock units that were previously reported.
- F5. End-of-period holdings reflect the deferral of vested restricted stock units.
- F6. Shares of nVent Electric plc will be delivered to the reporting person in accordance with their irrevocable deferral election.
FAQ
What insider transactions did nVent (NVT) executive Randolph A. Wacker report?
Were the nVent (NVT) insider transactions open-market sales or tax withholdings?
What restricted stock unit holdings does the nVent (NVT) executive report?
What does the nVent (NVT) deferral plan balance represent for the executive?
How does this nVent (NVT) Form 4 affect the executive’s total equity exposure?
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