nVent director logs RSU grant and tax share surrender
nVent Electric plc director Susan M. Cameron reported routine equity compensation activity involving company shares.
Rhea-AI Filing Summary
nVent Electric plc director Susan M. Cameron reported routine equity compensation activity involving company shares. She surrendered 602 Ordinary Shares at a price of $169.0100 per share to cover taxes due on vesting of restricted stock units, a tax-withholding disposition rather than an open-market sale. She also acquired 976 Ordinary Shares in the form of restricted stock units granted at no cash cost, each representing the right to receive one share upon vesting under the nVent Electric plc 2018 Omnibus Incentive Plan. Following these transactions, Cameron directly held 15,188 Ordinary Shares and 976 restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares - Restricted Stock Units | 976 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Ordinary Shares | 602 | $169.01 | $102K |
Footnotes (4)
- F1. 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.
- F2. End-of-period holdings reflect the vesting of restricted stock units that were previously reported.
- F3. 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).
- F4. Shares surrendered to pay taxes applicable to vesting of restricted stock units.
Key Figures
Key Terms
Restricted stock units financial
nVent Electric plc 2018 Omnibus Incentive Plan financial
dividend reinvestment plan financial
tax-withholding disposition financial
FAQ
What insider transactions did Susan M. Cameron report at nVent Electric (NVT)?
What restricted stock unit grant did Susan M. Cameron receive from nVent Electric (NVT)?
How were taxes handled on Susan M. Cameron’s nVent Electric (NVT) restricted stock vesting?
What do the footnotes explain in Susan M. Cameron’s nVent Electric (NVT) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.