nVent Electric (NVT) EVP receives 10,186-share performance award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
nVent Electric EVP & Chief HR Officer Lynnette R. Heath acquired 10,186 ordinary shares on February 15, 2026 through a performance share award. The shares were issued at a price of $0 following certification of performance goals for the period ended December 31, 2025.
After this award, Heath directly owned 42,544.368 ordinary shares, plus 8,679.883 ordinary shares in restricted stock units and 28,908.133 ordinary shares in a deferral plan held through a plan agent.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Heath Lynnette R
Role
EVP & Chief HR Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares | 10,186 | $0.00 | -- |
| holding | Ordinary Shares - Restricted Stock Units | -- | -- | -- |
| holding | Ordinary Shares - Deferral Plan | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 42,544.368 shares (Direct);
Ordinary Shares - Restricted Stock Units — 8,679.883 shares (Direct);
Ordinary Shares - Deferral Plan — 28,908.133 shares (Indirect, Plan Agent)
Footnotes (1)
- Reflects the settlement of performance share units in shares earned for the performance period ended December 31, 2025. The Compensation Committee certified the achievement of the performance goals on February 15, 2026. 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). 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). Shares of nVent Electric plc will be delivered to the reporting person in accordance with their irrevocable deferral election.
FAQ
What insider transaction did nVent Electric (NVT) report for Lynnette R. Heath?
nVent Electric reported that EVP & Chief HR Officer Lynnette R. Heath acquired 10,186 ordinary shares on February 15, 2026. The shares were issued at $0 as a performance share award after the Compensation Committee certified results for the period ended December 31, 2025.
What role does the performance period ending December 31, 2025 play in this nVent (NVT) Form 4?
The performance period ending December 31, 2025 determined how many performance share units Lynnette R. Heath earned. On February 15, 2026, the Compensation Committee certified performance for that period, leading to settlement of 10,186 units in ordinary shares reported in this Form 4.