nVent Electric plc·4

Feb 17, 5:21 PM ET

Padmanabhan Aravind 4

Research Summary

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Updated

nVent (NVT) EVP & CTO Aravind Receives 13,096-Share Award

What Happened

  • Padmanabhan Aravind, EVP & Chief Technology Officer of nVent Electric plc, was awarded 13,096 shares on February 15, 2026 as the settlement of performance share units (PSUs). The transaction is reported as an award/grant (code A) at $0.00 per share (reported value $0). The Compensation Committee certified the achievement of the performance goals for the period ended December 31, 2025 on February 15, 2026.
  • Footnote disclosure indicates the shares will be delivered in accordance with the reporting person's irrevocable deferral election, so delivery timing may be subject to that election.

Key Details

  • Transaction date: 2026-02-15; Price: $0.00; Shares: 13,096; Transaction type: Award/Grant (A).
  • Filing date / Form 4 filed: 2026-02-17 (appears timely relative to the Feb 15 transaction).
  • End-of-period holdings: not separately quantified in the provided data; footnotes note end-of-period holdings include ESPP monthly purchases (F2) and dividend reinvestment plan shares (F3) that are exempt from Section 16(a) reporting.
  • Footnotes of note:
    • F1: PSUs settled into shares after certification of performance goals (performance period ended 12/31/2025; certified 2/15/2026).
    • F4: Delivery of shares will follow the insider’s irrevocable deferral election.
  • No indication this was a sale or market purchase—this is compensation-related.

Context

  • This transaction reflects compensation (PSU settlement) rather than an open-market purchase or sale. PSUs convert to shares only after specified performance goals are met and certified; no cash changed hands at grant. Such awards are routine elements of executive pay and don’t by themselves signal the insider’s intent to trade stock.