Lammers Jon D. 4

What Happened

• Jon D. Lammers, EVP, General Counsel & Secretary of nVent Electric plc, surrendered a total of 7,676 shares on 2026-03-05 to satisfy tax withholding obligations tied to equity awards. The transactions were recorded as dispositions: 6,021 shares at $110.55 each ($665,622) and 1,655 shares at $110.55 each ($182,960), for a combined value of about $848,582. These were tax-withholding share surrenders related to the settlement/vesting of performance share units and restricted stock units — not open-market sales or new purchases.

Key Details

• Transaction date: 2026-03-05
• Price(s): $110.55 per share for both lots
• Shares surrendered: 6,021 (F1) and 1,655 (F2); total 7,676 shares
• Total value surrendered: $665,622 + $182,960 = $848,582 (approx.)
• Footnotes:
  • F1: Shares surrendered to pay taxes for settlement of performance share units (PSUs)
  • F2: Shares surrendered to pay taxes for vesting of restricted stock units (RSUs)
  • F3: Filing notes end-of-period holdings reflect vesting of previously reported RSUs
• Filing: Form 4 filed 2026-03-09 (appears timely — within the SEC’s two-business-day window)
• Shares owned after the transaction: the filing updates end-of-period holdings to reflect RSU vesting (see F3); the summary extraction does not list a separate total share count after withholding.

Context

• These transactions are routine tax-withholding actions (code F) where the company retains/surrenders shares to cover the insider’s tax obligation on vested awards. They differ from open-market sales and don't necessarily signal a change in the insider’s market view.
• For retail investors: purchases or open-market insider buys are often more informative as bullish signals; tax-withholding surrenders are common when equity awards vest.