nVent CTO awarded stock options and RSUs
Padmanabhan Aravind reported acquisition or exercise transactions in this Form 4 filing. nVent Electric plc EVP & Chief Technology Officer Aravind Padmanabhan received new equity awards.
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Rhea-AI Filing Summary
Padmanabhan Aravind reported acquisition or exercise transactions in this Form 4 filing.
nVent Electric plc EVP & Chief Technology Officer Aravind Padmanabhan received new equity awards. He was granted stock options for 6,532 shares and 2,702 restricted stock units at no cash cost. One-third of both the options and RSUs vest on each of the first, second, and third anniversaries of March 5, 2026.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (right to buy) | 6,532 | $0.00 | $0.00 |
| Grant/Award | Ordinary Shares - Restricted Stock Units | 2,702 | $0.00 | $0.00 |
Footnotes (3)
- F1. 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.
- F2. Employee stock option granted under the nVent 2018 Omnibus Incentive Plan.
- F3. One-third of the stock options become exercisable on the first, second and third anniversary of March 5, 2026.
FAQ
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What insider transactions did nVent Electric (NVT) report for Aravind Padmanabhan?
How many stock options were granted to the nVent Electric (NVT) CTO?
What restricted stock units were granted in this nVent Electric (NVT) Form 4?
When do the nVent Electric (NVT) restricted stock units vest for the CTO?
Under which plan were the nVent Electric (NVT) equity awards granted?
What is the exercise or purchase price for the new nVent Electric (NVT) grants?
AI-generated analysis. How Rhea-AI works. Not financial advice.