nVent Electric (NVT) EVP Nitin Jain awarded 1,594 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Jain Nitin reported acquisition or exercise transactions in this Form 4 filing.
nVent Electric plc executive Nitin Jain, EVP and Chief Strategy Officer, reported an award of 1,594 restricted stock units of ordinary shares at $0.00 per unit. These restricted stock units were granted under the nVent Electric plc 2018 Omnibus Incentive Plan and one-third vest on the first, second and third anniversary of June 10, 2026. Following the award, Jain directly holds 7,323.424 restricted stock units and 19,417.6321 ordinary shares, with the share total including monthly purchases through the company’s Employee Stock Purchase Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Jain Nitin
Role
EVP and Chief Strategy Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares - Restricted Stock Units | 1,594 | $0.00 | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares - Restricted Stock Units — 7,323.424 shares (Direct, null);
Ordinary Shares — 19,417.632 shares (Direct, null)
Footnotes (1)
- Restricted stock units granted pursuant to the nVent Electric plc 2018 Omnibus Incentive Plan. One-third of the restricted stock units vest on the first, second and third anniversary of June 10, 2026. Each restricted stock unit represents a right to receive one nVent Electric plc share upon vesting. 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).
Key Figures
RSU grant size: 1,594 units
Grant price per RSU: $0.00 per unit
RSUs after grant: 7,323.424 units
+2 more
5 metrics
RSU grant size
1,594 units
Restricted stock units granted on June 10, 2026
Grant price per RSU
$0.00 per unit
Compensation-related award, no purchase price
RSUs after grant
7,323.424 units
Total restricted stock units directly held after transactions
Ordinary shares held
19,417.6321 shares
Direct ordinary share holdings after period, includes ESPP
Vesting schedule
One-third on first, second and third anniversary of June 10, 2026
Applies to 1,594 restricted stock units grant
Key Terms
Restricted stock units, 2018 Omnibus Incentive Plan, Employee Stock Purchase Plan, Rule 16b-3(c)
4 terms
Restricted stock units financial
"Restricted stock units granted pursuant to the nVent Electric plc 2018 Omnibus Incentive Plan."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2018 Omnibus Incentive Plan financial
"Restricted stock units granted pursuant to the nVent Electric plc 2018 Omnibus Incentive Plan."
Employee Stock Purchase Plan financial
"End-of-period holdings include monthly purchases under the nVent Electric plc Employee Stock Purchase Plan (ESPP)."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
Rule 16b-3(c) regulatory
"Monthly purchases under the nVent Electric plc Employee Stock Purchase Plan (ESPP) in 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 Nitin Jain report at nVent Electric (NVT)?
Nitin Jain reported receiving an award of 1,594 restricted stock units of nVent Electric ordinary shares at $0.00 per unit. This is a compensation-related grant, not an open-market share purchase or sale.
How many nVent Electric (NVT) restricted stock units does Nitin Jain hold after this filing?
After the grant, Nitin Jain holds 7,323.424 restricted stock units of nVent Electric ordinary shares. These units represent future rights to receive shares as they vest over the specified schedule.
What is the vesting schedule for Nitin Jain’s new RSU grant at nVent Electric (NVT)?
The 1,594 restricted stock units vest in three equal parts. One-third vests on the first, second and third anniversary of June 10, 2026, subject to the terms of the 2018 Omnibus Incentive Plan.
What plans govern Nitin Jain’s equity awards and purchases at nVent Electric (NVT)?
The restricted stock units were granted under the nVent Electric plc 2018 Omnibus Incentive Plan. End-of-period share holdings also reflect purchases under the Employee Stock Purchase Plan in transactions exempt under Rule 16b-3(c).