Wozniak Beth 4

What Happened
Beth Wozniak, Chair & CEO of nVent Electric plc (NVT), surrendered a total of 18,358 shares on March 5, 2026 to satisfy tax withholding obligations tied to vested equity awards. The transactions comprised: 5,099 shares at $110.55 each (≈ $563,694) and 13,259 shares at $110.55 each (≈ $1,465,782), for a combined value of roughly $2,029,476. These were disposals to cover taxes rather than open-market sales.

Key Details

• Transaction date(s): March 5, 2026. Filing date: March 9, 2026 (appears timely).
• Prices and amounts: 5,099 shares @ $110.55 ($563,694); 13,259 shares @ $110.55 ($1,465,782); total ≈ $2.03M.
• Shares owned after transaction: the filing notes end-of-period holdings reflect deferral/vesting treatment (see footnotes); exact post-transaction share count not provided in the summary excerpt.
• Footnotes of note:
  • F1: Shares surrendered to pay taxes on settlement of performance share units (PSUs).
  • F3: Shares surrendered to pay taxes on vesting of restricted stock units (RSUs).
  • F2/F4: End-of-period holdings reflect deferral of vested PSUs and vesting of RSUs previously reported.
  • F5: Some nVent shares will be delivered according to the executive’s irrevocable deferral election.
• Transaction code F indicates tax withholding (surrender of shares) rather than a market sale or purchase.

Context
This is a routine tax-withholding event related to vested equity awards (PSUs/RSUs). Surrendering shares to cover taxes is common and does not necessarily signal the insider’s view on the company’s prospects. It differs from an open-market sale in that shares are retained by the company (or withheld) to satisfy tax liabilities rather than being sold on the market.