nVent EVP exercises options for 2,166 shares
nVent Electric plc executive Aravind Padmanabhan exercised stock options to acquire 2,166 Ordinary Shares of the company.
Rhea-AI Filing Summary
nVent Electric plc executive Aravind Padmanabhan exercised stock options to acquire 2,166 Ordinary Shares of the company. The options were exercised at a conversion price of $46.15 per share, increasing his directly held Ordinary Shares to 25,445.9511 shares after the transaction.
Following the exercise, he still holds 11,420 Employee Stock Options that remain outstanding and are presently exercisable in full. End-of-period share holdings also include amounts acquired under a dividend reinvestment plan in exempt transactions not required to be reported under Section 16(a).
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (right to buy) | 2,166 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 2,166 | $46.15 | $100K |
Footnotes (2)
- F1. 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).
- F2. This option is presently exercisable in full.
Key Figures
Key Terms
Employee Stock Option (right to buy) financial
dividend reinvestment plan financial
Section 16(a) regulatory
FAQ
What did nVent Electric (NVT) executive Aravind Padmanabhan do in this Form 4?
What was the exercise price of the nVent Electric (NVT) options used in this Form 4?
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AI-generated analysis. How Rhea-AI works. Not financial advice.