nVent EVP gifts 110 shares in Form 4 filing
nVent Electric plc EVP & Chief HR Officer Lynnette R. Heath reported a small gifted share transfer on Form 4.
Rhea-AI Filing Summary
nVent Electric plc EVP & Chief HR Officer Lynnette R. Heath reported a small gifted share transfer on Form 4. She made a bona fide gift of 110 ordinary shares on May 19, 2026, with no sale proceeds reported, and held 36,988.4306 ordinary shares directly afterward.
The filing also shows 33,921.719 ordinary shares held indirectly through a deferral plan and 6,520.808 ordinary shares tied to restricted stock units. Footnotes note that end-of-period holdings include monthly purchases under the nVent Employee Stock Purchase Plan and shares acquired through a dividend reinvestment plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
110 shares gifted
Gift
3 txns
Insider
Heath Lynnette R
Role
EVP & Chief HR Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Ordinary Shares | 110 | $0.00 | $0.00 |
| holding | Ordinary Shares - Restricted Stock Units | -- | -- | -- |
| holding | Ordinary Shares - Deferral Plan | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 36,988.4306 shares (Direct);
Ordinary Shares - Restricted Stock Units — 6,520.808 shares (Direct);
Ordinary Shares - Deferral Plan — 33,921.719 shares (Indirect, Plan Agent)
Footnotes (2)
- F1. 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).
- F2. 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).
Key Figures
Gifted shares: 110 shares
Direct shares after gift: 36,988.4306 shares
Deferral plan holdings: 33,921.719 shares
+3 more
6 metrics
Gifted shares
110 shares
Bona fide gift on May 19, 2026
Direct shares after gift
36,988.4306 shares
Ordinary Shares, post-transaction holding
Deferral plan holdings
33,921.719 shares
Ordinary Shares - Deferral Plan, end-of-period
RSU-related holdings
6,520.808 shares
Ordinary Shares - Restricted Stock Units, end-of-period
Gift transaction price
$0.00 per share
Bona fide gift, no consideration
Gift code
Code G
Transaction code indicating bona fide gift
Key Terms
bona fide gift, Employee Stock Purchase Plan, dividend reinvestment plan, Rule 16b-3(c), +1 more
5 terms
bona fide gift financial
"The Form 4 shows a bona fide gift of 110 ordinary shares, coded “G,”"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Employee Stock Purchase Plan financial
"include monthly purchases under the nVent Electric plc Employee Stock Purchase Plan (ESPP)"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
dividend reinvestment plan financial
"include shares acquired under a dividend reinvestment plan in exempt transactions"
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
Rule 16b-3(c) regulatory
"monthly purchases under the nVent Electric plc Employee Stock Purchase Plan (ESPP) in exempt transactions pursuant to Rule 16b-3(c)."
An SEC rule that lets corporate insiders avoid automatic "short‑swing" profit recovery when they buy or sell their company’s stock under a pre‑approved, written plan that meets specific conditions. For investors, it matters because it clarifies when insider trades are treated as routine, reducing legal uncertainty and helping distinguish trades made for ordinary compensation or pre‑planned reasons from those that might signal opportunistic or timely insider advantage.
Section 16(a) regulatory
"exempt transactions not required to be reported pursuant to Section 16(a)."
FAQ
What insider transaction did nVent Electric (NVT) report for Lynnette R. Heath?
nVent Electric reported that EVP & Chief HR Officer Lynnette R. Heath made a bona fide gift of 110 ordinary shares on May 19, 2026. This was a non-market transfer, meaning she did not sell shares for cash in this transaction.
Was the nVent Electric (NVT) Form 4 transaction a sale or a gift?
The Form 4 shows a bona fide gift of 110 ordinary shares, coded “G,” not an open-market sale. Gift transactions transfer shares without receiving payment and generally carry less informational value about the insider’s view of the stock.
What plans affect Lynnette R. Heath’s nVent Electric (NVT) holdings?
The filing notes that end-of-period holdings include monthly purchases under the nVent Electric Employee Stock Purchase Plan and shares acquired through a dividend reinvestment plan. Both types of acquisitions occur through exempt transactions rather than typical open-market trades.
AI-generated analysis. How Rhea-AI works. Not financial advice.
