nVent Electric plc·4

May 19, 5:36 PM ET

DUCKER MICHAEL L 4

4 · nVent Electric plc · Filed May 19, 2026

Research Summary

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Updated

nVent (NVT) Director Michael Ducker Receives Award, Surrenders Shares

What Happened

  • Michael L. Ducker, a director of nVent Electric plc, had 976 restricted stock units (RSUs) vest on 2026-05-15 (reported as an Award, code A). Simultaneously, 602 shares were surrendered (code F) to satisfy tax withholding at a price of $169.01 per share, equal to $101,744. The RSUs were granted under the nVent 2018 Omnibus Incentive Plan and each RSU converts to one share upon vesting.

Key Details

  • Transaction date: 2026-05-15.
  • Award: 976 RSUs reported as acquired at $0.00 (vesting event).
  • Tax withholding: 602 shares surrendered at $169.01 each for $101,744 (reported as disposed under code F).
  • Post-transaction holdings: filing notes end-of-period holdings reflect vested RSUs and dividend reinvestment, but the filing does not state an exact total share count after these transactions.
  • Footnotes: F1 = RSUs subject to plan and vesting; F2–F3 = end-of-period holdings include vested RSUs and dividend reinvestment; F4 = shares surrendered to pay taxes on vesting.
  • Filing timeliness: Form 4 filed 2026-05-19 for a 2026-05-15 transaction — filed within the SEC’s 2-business-day window.

Context

  • This was an RSU vesting event with share surrender for tax withholding (a routine administrative action), not an open-market sale or deliberate cash-in by the insider. For retail investors, tax-withholding share surrender is common when equity awards vest and does not necessarily signal insider buying or selling intent.

Insider Transaction Report

Form 4
Period: 2026-05-15
Transactions
  • Award

    Ordinary Shares - Restricted Stock Units

    [F1][F2][F3]
    2026-05-15+976976 total
  • Tax Payment

    Ordinary Shares

    [F4][F2]
    2026-05-15$169.01/sh602$101,74429,523 total
Footnotes (4)
  • [F1]Restricted stock units granted pursuant to and subject to a vesting condition of the nVent Electric plc 2018 Omnibus Incentive Plan. Each restricted stock unit represents a right to receive one nVent Electric plc share upon vesting.
  • [F2]End-of-period holdings reflect the vesting of restricted stock units that were previously reported.
  • [F3]End-of-period holdings include shares acquired under a dividend reinvestment plan in exempt transactions not required to be reported pursuant to Section 16(a).
  • [F4]Shares surrendered to pay taxes applicable to vesting of restricted stock units.
Signature
/s/ John K. Wilson, Attorney-in-Fact for Michael L. Ducker|2026-05-19

Documents

1 file
  • 4
    form4.xmlPrimary

    FORM 4