nVent Electric (NYSE: NVT) director uses 222 shares for taxes
Rhea-AI Filing Summary
Diane Leopold, a director of nVent Electric plc, reported surrendering 222 ordinary shares on July 17, 2026 to pay taxes on vesting restricted stock units at $154.92 per share. After this tax-withholding disposition, she holds 3,539 ordinary shares and 976 restricted stock units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 222 shares
Net Sell
2 txns
Insider
Leopold Diane
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares F1, F2 | 222 | $154.92 | $34K |
| holding | Ordinary Shares - Restricted Stock Units F2 | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 3,539 shares (Direct);
Ordinary Shares - Restricted Stock Units — 976 shares (Direct)
Footnotes (2)
- F1. Shares surrendered to pay taxes applicable to vesting of restricted stock units.
- F2. End-of-period holdings reflect the vesting of restricted stock units that were previously reported.
Key Figures
Shares surrendered for taxes: 222.0000 shares
Tax-withholding price: $154.9200 per share
Ordinary shares held after: 3539.0000 shares
+1 more
4 metrics
Shares surrendered for taxes
222.0000 shares
Ordinary shares surrendered on 2026-07-17 to pay taxes on RSU vesting
Tax-withholding price
$154.9200 per share
Per-share value used for the 222-share tax-withholding disposition
Ordinary shares held after
3539.0000 shares
Direct ordinary share holdings following the 2026-07-17 transaction
Restricted stock units held after
976.0000 units
Direct RSU holdings at period end after vesting previously reported units
Key Terms
Restricted Stock Units, tax-withholding disposition, Ordinary Shares
3 terms
Restricted Stock Units financial
"vesting of restricted stock units that were previously reported"
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.
tax-withholding disposition financial
"transaction is coded as a tax-withholding disposition of shares"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did nVent Electric (NVT) director Diane Leopold report in this Form 4?
Diane Leopold reported surrendering 222 ordinary shares of nVent Electric on July 17, 2026 to pay taxes on vesting restricted stock units. The transaction is coded as a tax-withholding disposition rather than an open-market sale.
What are Diane Leopold’s remaining nVent Electric (NVT) holdings after the transaction?
After the tax-withholding disposition, Diane Leopold directly holds 3,539 ordinary shares of nVent Electric and 976 restricted stock units. A footnote explains that these end-of-period holdings reflect restricted stock units that vested and had been previously reported.
Does the Form 4 indicate a Rule 10b5-1 trading plan for NVT?
The Rule 10b5-1 checkbox is not affirmed for these transactions. Instead, a footnote states that the 222 surrendered shares were used to pay taxes on vesting restricted stock units, indicating a tax-withholding event rather than trading under a preset sales plan.
What types of securities are involved in Diane Leopold’s NVT Form 4 filing?
The filing covers Ordinary Shares and Ordinary Shares - Restricted Stock Units. Ordinary shares were surrendered to satisfy tax obligations, while 976 restricted stock units are listed as direct end-of-period holdings following the vesting event described in the footnotes.