nVent EVP granted 1,594 RSUs in NVT stock
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.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares - Restricted Stock Units | 1,594 | $0.00 | $0.00 |
| holding | Ordinary Shares | -- | -- | -- |
Footnotes (2)
- F1. 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.
- F2. 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
Key Terms
Restricted stock units financial
2018 Omnibus Incentive Plan financial
Employee Stock Purchase Plan financial
Rule 16b-3(c) regulatory
FAQ
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What insider transaction did Nitin Jain report at nVent Electric (NVT)?
How many nVent Electric (NVT) restricted stock units does Nitin Jain hold after this filing?
What is the vesting schedule for Nitin Jain’s new RSU grant at nVent Electric (NVT)?
What plans govern Nitin Jain’s equity awards and purchases at nVent Electric (NVT)?
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