nVent director surrenders 355 shares for taxes
nVent Electric plc director Greg Scheu reported a routine tax-related share disposition.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Ordinary Shares | 355 | $169.01 | $60K |
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
Key Terms
tax-withholding disposition financial
restricted stock units financial
transaction code F financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did nVent Electric (NVT) director Greg Scheu report in this Form 4?
Was Greg Scheu’s nVent Electric (NVT) Form 4 transaction an open-market sale?
What does transaction code F mean in Greg Scheu’s nVent Electric (NVT) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.