nVent Electric (NYSE: NVT) CMO granted new stock options and RSUs
Rhea-AI Filing Summary
nVent Electric plc EVP & Chief Marketing Officer Martha Claire Bennett reported equity awards received on March 2, 2026. She was granted 3,517 employee stock options and 1,455 restricted stock units at a price of $0.00 per share under the nVent Electric plc 2018 Omnibus Incentive Plan.
According to the footnotes, one-third of both the stock options and restricted stock units vest on each of the first, second and third anniversaries of March 5, 2026, and each restricted stock unit converts into one nVent Electric plc share upon vesting. Following these grants, her reported holdings include 17,334.459 ordinary shares represented by restricted stock units and 700.533 ordinary shares held directly, which also reflect dividend reinvestment plan and employee stock purchase plan activity.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (right to buy) | 3,517 | $0.00 | -- |
| Grant/Award | Ordinary Shares - Restricted Stock Units | 1,455 | $0.00 | -- |
| holding | Ordinary Shares | -- | -- | -- |
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 March 5, 2026. Each restricted stock unit represents a right to receive one nVent Electric plc share upon vesting. 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). 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). Employee stock option granted under the nVent 2018 Omnibus Incentive Plan. One-third of the stock options become exercisable on the first, second and third anniversary of March 5, 2026.