nVent Electric (NVT) director reports RSU grant and tax withholding share surrender
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
nVent Electric plc director Herbert K. Parker reported routine equity compensation activity. On 2026-05-15, 602 ordinary shares were disposed of to cover taxes tied to restricted stock unit vesting at a reference price of $169.01 per share. On the same date, Parker received 976 ordinary-share restricted stock units, each representing the right to one share upon vesting. Following these transactions, he directly holds 16,853 ordinary shares, plus 976 restricted stock units from this new grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Parker Herbert K
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares - Restricted Stock Units | 976 | $0.00 | -- |
| Tax Withholding | Ordinary Shares | 602 | $169.01 | $102K |
Holdings After Transaction:
Ordinary Shares - Restricted Stock Units — 976 shares (Direct, null);
Ordinary Shares — 16,853 shares (Direct, null)
Footnotes (1)
- Restricted stock units granted pursuant to and subject to a vesting condition of the nVent Electric plc 2018 Omnibus Incentive Plan. Each restricted stock unit represents a right to receive one nVent Electric plc share upon vesting. End-of-period holdings reflect the vesting of restricted stock units that were previously reported. 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 surrendered to pay taxes applicable to vesting of restricted stock units.
Key Figures
Shares surrendered for taxes: 602 shares
Reference share price: $169.01/share
New RSU grant: 976 units
+3 more
6 metrics
Shares surrendered for taxes
602 shares
Ordinary shares used for tax-withholding disposition on 2026-05-15
Reference share price
$169.01/share
Value applied to 602-share tax-withholding disposition
New RSU grant
976 units
Restricted stock units granted on 2026-05-15 under 2018 Omnibus Incentive Plan
Shares held after transactions
16,853 shares
Ordinary shares directly held by Parker following 2026-05-15 activity
RSUs outstanding from this grant
976 units
Restricted stock units remaining after grant on 2026-05-15
Tax-withholding shares total
602 shares
Reported as tax-withholding disposition (Code F) in Form 4 summary
Key Terms
Restricted stock units, 2018 Omnibus Incentive Plan, dividend reinvestment plan, Section 16(a), +1 more
5 terms
Restricted stock units financial
"Restricted stock units granted pursuant to and subject to a vesting condition of 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 and subject to a vesting condition of the nVent Electric plc 2018 Omnibus Incentive Plan."
dividend reinvestment plan financial
"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)."
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
Section 16(a) regulatory
"Exempt transactions not required to be reported pursuant to Section 16(a)."
tax-withholding disposition financial
"Shares surrendered to pay taxes applicable to vesting of restricted stock units."
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What insider transactions did nVent Electric (NVT) director Herbert K. Parker report?
Herbert K. Parker reported routine equity compensation activity. He had 602 ordinary shares surrendered to cover taxes on vesting restricted stock units and received a new grant of 976 restricted stock units, each convertible into one share upon vesting.
What are the terms of Herbert K. Parker’s new 976 restricted stock units at nVent Electric (NVT)?
The 976 restricted stock units were granted under the nVent Electric plc 2018 Omnibus Incentive Plan. Each unit represents a right to receive one nVent Electric ordinary share upon vesting, subject to the plan’s vesting conditions specified for this equity award.
Did the nVent Electric (NVT) Form 4 include any dividend reinvestment activity?
End-of-period holdings for Herbert K. Parker include shares acquired through a dividend reinvestment plan. These acquisitions occurred in exempt transactions that are not required to be individually reported under Section 16(a), but they are reflected in his reported ending share balance.