nVent director gets RSUs, withholds shares for tax
nVent Electric plc director Sherry A. Aaholm reported routine equity compensation activity.
Rhea-AI Filing Summary
nVent Electric plc director Sherry A. Aaholm reported routine equity compensation activity. She received a grant of 976 restricted stock units (RSUs) under the nVent Electric plc 2018 Omnibus Incentive Plan, each representing one ordinary share upon vesting.
To cover taxes on the vesting of previously granted RSUs, 602 ordinary shares were surrendered at a price of $169.01 per share, characterized as a tax-withholding disposition rather than an open-market sale. After these transactions, she directly holds 4,894 ordinary shares, plus 976 RSUs that will convert into shares upon future vesting.
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
2018 Omnibus Incentive Plan financial
dividend reinvestment plan financial
Section 16(a) regulatory
FAQ
What insider transactions did nVent (NVT) director Sherry A. Aaholm report?
How many nVent (NVT) restricted stock units did Sherry A. Aaholm receive?
What are Sherry A. Aaholm’s nVent (NVT) holdings after these transactions?
Under which plan were Sherry A. Aaholm’s nVent (NVT) RSUs granted?
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