Padmanabhan Aravind 4
4 · nVent Electric plc · Filed May 6, 2026
Research Summary
AI-generated summary of this filing
nVent (NVT) EVP & CTO Padmanabhan Aravind Sells 6,988 Shares
What Happened
Padmanabhan Aravind, Executive Vice President and Chief Technology Officer of nVent Electric plc (NVT), disposed of 6,988 shares on May 5, 2026. The transaction was reported as a sale (S) with a weighted average price of $170.38 per share, producing proceeds of approximately $1,190,627. The filing describes the trade as an open-market or private sale.
Key Details
- Transaction date: 2026-05-05; Form 4 filed: 2026-05-06 (appears timely).
- Shares sold: 6,988 at a weighted average price of $170.38; total proceeds ≈ $1,190,627.
- Price range note (F1): actual prices received ranged from $170.38 to $170.49; the weighted average was used in the filing.
- Shares owned following the transaction: not specified in the provided filing excerpt.
- Transaction code: S = Sale (disposition). No 10b5-1 plan, tax withholding, or other special annotations were disclosed in the excerpt.
Context
Sales by company insiders can be routine (diversification, tax obligations, liquidity) and do not by themselves indicate a change in view about the company’s prospects. This filing documents the disposition and price details; investors wanting a full breakdown of how many shares were sold at each price within the stated range can request that information from the issuer or the SEC staff per the footnote.
Insider Transaction Report
- Sale
Ordinary Shares
[F1]2026-05-05$170.38/sh−6,988$1,190,627→ 23,243.229 total
Footnotes (1)
- [F1]The price in Column 4 is a weighted average price. The prices actually received ranged from $170.38 to $170.49. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.