Wacker Randolph A. 4
Research Summary
AI-generated summary
nVent (NVT) SVP & CAO Randolph Wacker Receives 5,094-Share Award
What Happened
Randolph A. Wacker, Senior Vice President & Chief Accounting Officer of nVent Electric plc (NVT), was issued 5,094 shares on February 15, 2026. The Form 4 reports the acquisition as an award at $0.00 per share (total reported acquisition value $0) because these shares represent the settlement of performance share units earned for the 2025 performance period; the Compensation Committee certified achievement of the performance goals on February 15, 2026. This is an award/settlement, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-02-15; filing date: 2026-02-17 (timely — filed within two business days).
- Transaction type/code: A (Award/Grant or other acquisition); reported price: $0.00; shares acquired: 5,094.
- Footnote: Reflects settlement of PSUs earned for the performance period ended 12/31/2025; certification occurred 2/15/2026.
- Shares owned after the transaction: not specified in the information provided in this summary/filing excerpt.
- No indication in the filing of a simultaneous sale, tax-withholding share surrender, or 10b5-1 plan.
Context: This was a performance-based equity settlement (PSUs converted to shares) rather than a market buy or sale. Such awards reflect compensation tied to company performance and do not by themselves indicate insider buying or selling intent.