Corona Gary Louis 4
Research Summary
AI-generated summary
nVent (NVT) CFO Gary Corona Receives Restricted Stock Award
What Happened
- Gary Louis Corona, Chief Financial Officer of nVent Electric plc, was granted a total of 11,365 equity awards on 2026-03-02: 3,326 shares (awarded) and 8,039 derivative units (restricted stock units). Both were reported at $0.00 per share (award/grant), so no cash was exchanged — these are compensation awards, not open‑market purchases.
Key Details
- Transaction date: 2026-03-02; Form 4 filed: 2026-03-03 (timely).
- Awards: 3,326 shares (direct award) and 8,039 RSU/derivative units; reported price $0.00; total reported value $0.
- Vesting: Footnote F1 — the restricted stock units vest one‑third on each of the first, second and third anniversaries of March 5, 2026; each RSU converts to one share upon vesting.
- Other footnotes: F2 notes end‑of‑period holdings include dividend reinvestment plan shares; F3/F4 reference employee stock option grants and a similar three‑year vesting cadence (not an exercise/sale here).
- Shares owned after the transaction: not specified in the excerpted filing.
Context
- These awards are compensation (restricted stock/RSUs) subject to vesting and do not represent an immediate market purchase or sale. For retail investors, such grants signal ongoing executive compensation but are not a direct bullish or bearish trading signal.