Padmanabhan Aravind 4
Research Summary
AI-generated summary
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.