nVent executive surrenders shares for tax payments
nVent Electric plc executive Robert J. van der Kolk reported tax-related share dispositions tied to equity awards.
Rhea-AI Filing Summary
nVent Electric plc executive Robert J. van der Kolk reported tax-related share dispositions tied to equity awards. On March 5, 2026, he surrendered 5,763 ordinary shares at $110.55 per share to pay taxes on performance share units and 2,055 ordinary shares at $110.55 per share to pay taxes on vesting restricted stock units. After these withholding transactions, he directly held 27,333.115 ordinary shares and 6,277.707 restricted stock units, reflecting the vesting of previously reported awards.
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Insights
Routine tax-withholding share surrenders with equity holdings maintained.
Robert J. van der Kolk, President of EMEA and APAC at nVent Electric plc, surrendered shares valued at $110.55 per share to satisfy tax obligations from performance and restricted stock units. Footnotes clarify these are tax-withholding dispositions, not open-market sales.
Following these transactions, he holds 27,333.115 ordinary shares and 6,277.707 restricted stock units, indicating continued equity alignment. The net effect is administrative, related to equity award vesting mechanics, rather than a discretionary decision to sell shares in the market.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Ordinary Shares | 5,763 | $110.55 | $637K |
| Exercise Price or Tax Liability | Ordinary Shares | 2,055 | $110.55 | $227K |
| holding | Ordinary Shares - Restricted Stock Units | -- | -- | -- |
Footnotes (3)
- F1. Shares surrendered to pay taxes applicable to settlement of performance share units.
- F2. Shares surrendered to pay taxes applicable to vesting of restricted stock units.
- F3. End-of-period holdings reflect the vesting of restricted stock units that were previously reported.
FAQ
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