Heath Lynnette R 4
4 · nVent Electric plc · Filed Feb 17, 2026
Research Summary
AI-generated summary of this filing
nVent (NVT) EVP Lynnette R. Heath Receives 10,186-Share Award
What Happened Lynnette R. Heath, EVP & Chief Human Resources Officer of nVent Electric plc (NVT), was issued 10,186 shares on February 15, 2026 as the settlement of performance share units (transaction coded as an acquisition/award). The shares were reported at $0.00 per share because they were granted/settled as compensation (not bought), so the filing shows $0 total consideration. The Compensation Committee certified achievement of the performance goals for the 2023–2025 performance period on February 15, 2026.
Key Details
- Transaction date: February 15, 2026; Form 4 filed February 17, 2026 (timely filing; no late-filing flag).
- Transaction type/code: Award/settlement of performance share units (code A).
- Shares involved: 10,186 shares issued/settled; reported price $0.00 (compensation award).
- Shares owned after transaction: Not specified as a total in the provided summary; end-of-period holdings referenced in the filing include additional shares from ESPP purchases and dividend reinvestment.
- Footnotes of note:
- F1: Settlement of PSU awards earned for the performance period ended Dec 31, 2025 after certification by the Compensation Committee (Feb 15, 2026).
- F2: End-of-period holdings include monthly ESPP purchases (exempt under Rule 16b-3(c)).
- F3: End-of-period holdings include shares from the dividend reinvestment plan (transactions not required to be reported under Section 16(a)).
- F4: Some shares will be delivered according to the reporting person’s irrevocable deferral election.
Context This was a compensation settlement of performance-based equity rather than an open-market purchase or sale, so it represents awarded pay tied to company performance rather than a direct bullish or bearish trade by the insider. The filing indicates certification of performance targets for the 2025 period and possible deferral of delivery per the insider’s election.
Insider Transaction Report
- Award
Ordinary Shares
[F1][F2]2026-02-15+10,186→ 42,544.368 total
- 8,679.883
Ordinary Shares - Restricted Stock Units
[F3] - 28,908.133(indirect: Plan Agent)
Ordinary Shares - Deferral Plan
[F3][F4]
Footnotes (4)
- [F1]Reflects the settlement of performance share units in shares earned for the performance period ended December 31, 2025. The Compensation Committee certified the achievement of the performance goals on February 15, 2026.
- [F2]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).
- [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 of nVent Electric plc will be delivered to the reporting person in accordance with their irrevocable deferral election.