BURRIS JERRY W 4
Research Summary
AI-generated summary
nVent (NVT) Director Jerry Burris Receives RSUs, Surrenders Shares
What Happened
- Jerry W. Burris, a director of nVent Electric plc (NVT), had 976 restricted stock units (RSUs vest) reported on 2026-05-15 (grant/award, code A; acquisition at $0.00). To satisfy tax withholding on the vesting, 602 shares were surrendered (code F) at an indicated value of $169.01 per share, resulting in $101,744 disposed. Net issuance from the vesting was 374 shares (976 granted less 602 withheld).
Key Details
- Transaction date: 2026-05-15; Form 4 filed: 2026-05-19 (period of report 2026-05-15). Filing appears timely (filed within required business-day window).
- Grant: 976 RSUs @ $0.00 (each RSU = right to one share upon vesting) (Footnote F1).
- Tax withholding/disposition: 602 shares surrendered @ $169.01 = $101,744 (Footnote F4).
- Net shares issued to insider from this vesting: 374 shares (976 − 602), per filing data.
- Holdings after the transaction were not numerically specified in the data provided; footnotes indicate end-of-period holdings reflect this vesting and include dividend reinvestment plan shares (F2, F3).
- Footnotes summary: F1 = RSU grant subject to vesting; F2 = end-of-period holdings reflect vesting; F3 = DRIP shares included in holdings; F4 = shares surrendered to pay applicable taxes.
Context
- These transactions are routine compensation-related events: RSUs vesting and shares withheld to cover tax liabilities (a common net-settlement). This is not an open-market purchase or discretionary sale and therefore is generally considered administrative rather than an independent bullish or bearish signal.