Coleman Brian C. 4
Research Summary
AI-generated summary
nVent (NVT) President Brian Coleman Receives RSU Award
What Happened
- Brian C. Coleman, President — Electrical Connections at nVent Electric plc, received equity awards on March 2, 2026: 1,767 shares reported as an award and 4,271 shares reported as a derivative award (total 6,038 units). Each unit was granted at $0.00 (award), so no cash was paid. The awards are restricted stock units (RSUs) that represent a right to receive one nVent share upon vesting.
Key Details
- Transaction date: 2026-03-02; Form 4 filed 2026-03-03 (timely within SEC two-business-day window).
- Award type and plan: RSUs granted under the nVent Electric plc 2018 Omnibus Incentive Plan (Footnote F1).
- Vesting: One-third of the RSUs vest on each of the first, second and third anniversaries of March 5, 2026 (per F1).
- Reported prices/values: $0.00 per unit (granted awards), total consideration $0.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Other footnotes: F2 notes end-of-period holdings include shares from a dividend reinvestment plan exempt from Section 16(a) reporting; F3/F4 reference an employee stock option grant and its three-year vesting schedule (one-third each year) but are not shown as exercised here.
- No 10b5-1 plan, tax-withholding sale, cashless exercise or immediate sale of shares is indicated in this filing.
Context
- These are compensation awards, not open-market purchases or sales; RSUs do not convert to actual shares until they vest, so they do not represent immediate buying or selling pressure.
- Vesting over three years is a standard retention-oriented schedule; retail investors should view this as executive compensation rather than an immediate insider purchase or sale.