Heath Lynnette R 4

What Happened
Lynnette R. Heath, EVP & Chief HR Officer of nVent Electric plc, surrendered a total of 4,337 shares to satisfy tax withholding related to vested equity awards. The filings show two withholding transactions on 2026-03-05: 2,495 shares at $110.55 each ($275,822) and 1,842 shares at $110.55 each ($203,633), for a combined value of approximately $479,455. This is a routine tax-withholding action (code F), not a cash purchase or an open-market sale.

Key Details

• Transaction date: 2026-03-05; Form 4 filed 2026-03-09. (No late-filing flag provided in the summary.)
• Prices and amounts: 2,495 shares @ $110.55 = $275,822; 1,842 shares @ $110.55 = $203,633; total 4,337 shares ≈ $479,455.
• Shares surrendered were used to pay taxes on performance share units (PSUs) and restricted stock units (RSUs) (footnotes F1 and F3).
• Footnotes indicate: end-of-period holdings reflect deferral of vested PSUs (F2) and vesting of previously reported RSUs (F4); shares will be delivered in accordance with the reporting person’s irrevocable deferral election (F5).
• Transaction code F = tax withholding (routine), not an indicator of buying or selling for investment purposes.

Context
Share surrender for tax withholding is common when equity awards vest; it’s a mechanical, administrative step and generally not treated as a signal of insider sentiment. For clarity: this was not a market sale—shares were withheld/returned to cover tax obligations—and some shares will be delivered later per the holder’s deferral election.