nVent Electric plc (NVT) officer details Form 4 share movements
Rhea-AI Filing Summary
nVent Electric plc officer Sara E. Zawoyski, President-Systems Protection, reported equity transactions for company shares dated 01/02/2026. The filing shows movements of ordinary shares in and out of a deferral plan and related accounts, including distributions from the deferral plan and a sale of shares coded as "J" to cover tax withholding obligations. This tax-related sale is described as mandated to satisfy withholding requirements and not a discretionary trade. End-of-period holdings also reflect shares acquired through a dividend reinvestment plan that are exempt from separate Section 16(a) reporting.
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FAQ
What insider transaction did nVent Electric plc (NVT) report for Sara E. Zawoyski?
The filing reports equity transactions by Sara E. Zawoyski, President-Systems Protection of nVent Electric plc, on 01/02/2026 involving ordinary shares held in a deferral plan and related accounts.
Was the share sale by the nVent Electric (NVT) officer a discretionary trade?
No. The filing states that the shares were sold on behalf of the reporting person to cover tax withholding obligations, and that this mandated sale does not represent a discretionary trade.
What is the role of the deferral plan in this nVent Electric (NVT) Form 4?
The explanation notes that certain line items reflect distributions of shares from a deferral plan, and that shares of nVent Electric plc will be delivered to the reporting person in line with an irrevocable deferral election.
How are dividend reinvestment shares treated in this nVent Electric (NVT) insider report?
The end-of-period holdings include shares acquired under a dividend reinvestment plan in exempt transactions that are not required to be reported separately under Section 16(a).
What relationship does the reporting person have to nVent Electric plc (NVT)?
The reporting person is identified as an officer of nVent Electric plc, with the title President-Systems Protection, and the Form 4 is filed for one reporting person.
What type of securities are involved in this nVent Electric (NVT) Form 4 filing?
The Form 4 covers ordinary shares of nVent Electric plc, including holdings in a deferral plan, restricted stock, and an ESOP, as well as plan agent and dividend reinvestment plan shares.