nVent Electric (NVT) CTO Padmanabhan sells 6,988 ordinary shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
nVent Electric plc EVP & Chief Technology Officer Aravind Padmanabhan sold shares of the company. On May 5, 2026, he completed an open-market sale of 6,988 ordinary shares at a weighted average price of $170.3816 per share, with actual prices ranging from $170.38 to $170.49.
After this transaction, he continued to hold 23,243.2291 ordinary shares directly. The price reported reflects a weighted average, and detailed breakdowns by price level are available from the company or the reporting person upon request.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 6,988 shares ($1,190,627)
Net Sell
1 txn
Insider
Padmanabhan Aravind
Role
EVP & Chief Technology Officer
Sold
6,988 shs ($1.19M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 6,988 | $170.3816 | $1.19M |
Holdings After Transaction:
Ordinary Shares — 23,243.229 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 6,988 shares
Weighted average sale price: $170.3816 per share
Price range: $170.38–$170.49 per share
+1 more
4 metrics
Shares sold
6,988 shares
Open-market sale of ordinary shares on May 5, 2026
Weighted average sale price
$170.3816 per share
Average price across reported sale transactions
Price range
$170.38–$170.49 per share
Range of actual prices received in the sale
Shares held after transaction
23,243.2291 shares
Direct ordinary share ownership following the sale
Key Terms
open-market sale, weighted average price, Form 4
3 terms
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average price financial
"The price in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Form 4 regulatory
"for all transactions reported in this Form 4 utilizing an average weighted price."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did nVent Electric (NVT) report for Aravind Padmanabhan?
nVent Electric reported that EVP & Chief Technology Officer Aravind Padmanabhan executed an open-market sale of 6,988 ordinary shares. The transaction was disclosed on a Form 4 filing and reflects a routine update to his direct share ownership position.
What does a weighted average price mean in the nVent Electric (NVT) Form 4 filing?
The weighted average price of $170.3816 means multiple trades occurred at slightly different prices between $170.38 and $170.49. The reported figure averages these trades based on share volumes, and detailed per-trade pricing is available from the issuer or reporting person upon request.
Was the nVent Electric (NVT) insider transaction an open-market sale?
Yes. The Form 4 describes the transaction as an open-market sale of ordinary shares. This indicates the shares were sold through the public market rather than via a private agreement, using market-based prices within the stated trading range.