STOCK TITAN

Director Greg Scheu covers tax on RSU vesting with 355 nVent (NVT) shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

nVent Electric plc director Greg Scheu reported a routine tax-related share disposition. On May 15, 2026, he surrendered 355 Ordinary Shares at a reference price of $169.01 per share to cover taxes due on the vesting of previously reported restricted stock units.

This was a tax-withholding disposition, not an open-market sale, and was reported with transaction code F. After this transaction, Scheu directly held 16,378 Ordinary Shares, reflecting the net effect of the restricted stock unit vesting and the shares used to satisfy tax obligations.

Positive

  • None.

Negative

  • None.
Insider Scheu Greg
Role null
Type Security Shares Price Value
Tax Withholding Ordinary Shares 355 $169.01 $60K
Holdings After Transaction: Ordinary Shares — 16,378 shares (Direct, null)
Footnotes (1)
  1. Shares surrendered to pay taxes applicable to vesting of restricted stock units. End-of-period holdings reflect the vesting of restricted stock units that were previously reported.
Shares surrendered for taxes 355 shares Tax-withholding disposition on May 15, 2026
Reference share price $169.01 per share Value used for tax-withholding shares
Shares held after transaction 16,378 shares End-of-period direct holdings after RSU vesting and tax withholding
Tax-withholding transactions 1 transaction, 355 shares TransactionSummary taxWithholdingCount and taxWithholdingShares
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
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.
restricted stock units financial
"Shares surrendered to pay taxes applicable to vesting of restricted stock units."
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.
Ordinary Shares financial
"security_title": "Ordinary Shares""
Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.
transaction code F financial
"transaction_code": "F""
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Scheu Greg

(Last)(First)(Middle)
1665 UTICA AVENUE
SUITE 700

(Street)
ST. LOUIS PARK MINNESOTA 55416

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
nVent Electric plc [ NVT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Ordinary Shares05/15/2026F(1)355D$169.0116,378(2)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Shares surrendered to pay taxes applicable to vesting of restricted stock units.
2. End-of-period holdings reflect the vesting of restricted stock units that were previously reported.
/s/ John K. Wilson, Attorney-in-Fact for Greg Scheu05/19/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did nVent Electric (NVT) director Greg Scheu report in this Form 4?

Director Greg Scheu reported a tax-withholding disposition of 355 Ordinary Shares of nVent Electric plc. The shares were surrendered to cover taxes on vested restricted stock units, rather than sold in the open market.

How many nVent Electric (NVT) shares did Greg Scheu surrender for taxes?

Greg Scheu surrendered 355 Ordinary Shares of nVent Electric plc. The filing shows a reference price of $169.01 per share, used to calculate the value of shares applied to satisfy his tax liability on vesting restricted stock units.

Was Greg Scheu’s nVent Electric (NVT) Form 4 transaction an open-market sale?

No, the transaction was not an open-market sale. The Form 4 describes it as a tax-withholding disposition, with shares surrendered to pay taxes on the vesting of restricted stock units, a routine compensation-related event.

What are Greg Scheu’s nVent Electric (NVT) share holdings after this Form 4 transaction?

After the transaction, Greg Scheu directly held 16,378 Ordinary Shares of nVent Electric plc. The filing notes that these end-of-period holdings reflect the vesting of previously reported restricted stock units, net of shares used for tax withholding.

What does transaction code F mean in Greg Scheu’s nVent Electric (NVT) Form 4?

Transaction code F indicates a payment of tax liability by delivering securities. In this case, 355 Ordinary Shares were surrendered to satisfy taxes on restricted stock units vesting, rather than being voluntarily sold in the market.

How do restricted stock units affect Greg Scheu’s nVent Electric (NVT) share count?

When restricted stock units vest, they convert into Ordinary Shares, increasing the holder’s shares. The filing states that end-of-period holdings reflect vesting of previously reported units, net of 355 shares surrendered to cover related tax obligations.