CAMERON SUSAN M. 4
Research Summary
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nVent (NVT) Director Susan M. Cameron Receives RSU Award; Surrenders Shares
What Happened Susan M. Cameron, a director of nVent Electric plc (NVT), received an award of 976 restricted stock units (RSUs) on May 15, 2026 (transaction code A). To satisfy tax withholding on the vesting, 602 shares were surrendered (transaction code F) at a reported value of $169.01 per share, totaling $101,744. The RSUs represent rights to receive one nVent share per unit upon vesting.
Key Details
- Transaction date: 2026-05-15; Form 4 filed 2026-05-19 (filing appears timely).
- Award: 976 RSUs granted/treated as acquired (code A) at $0.00 per unit (typical for RSU grants).
- Tax withholding: 602 shares surrendered (disposed) at $169.01 each, total value $101,744 (code F).
- Post-transaction holdings: The filing notes end-of-period holdings reflect vesting of previously reported RSUs, but does not list a specific total share count in the summary table included here.
- Footnotes: F1 = RSUs granted under the 2018 Omnibus Incentive Plan; F4 = shares surrendered to pay applicable taxes; F2/F3 note vesting and dividend reinvestment activity that affect holdings.
- Transaction type note: A = award/grant; F = tax withholding (share surrender), not an open-market sale.
Context This filing documents a grant/vesting event and a routine tax-withholding action (surrendering shares to cover taxes). Such share surrenders are common and do not necessarily indicate a discretionary sale or a change in the insider’s view of the company. The RSUs convert to ordinary shares upon vesting (one share per RSU).