nVent Electric plc·4

May 19, 5:37 PM ET

Leopold Diane 4

Research Summary

AI-generated summary

Updated

nVent (NVT) Director Diane Leopold Receives 976 RSU Award

What Happened Diane Leopold, a director of nVent Electric plc (NVT), received a grant of 976 restricted stock units (RSUs) on May 15, 2026. The filing reports the acquisition at $0.00 per unit (total reported value $0) — these are compensation awards, not cash purchases or market buys.

Key Details

  • Transaction date: 2026-05-15; Transaction code: A (award/grant).
  • Amount: 976 restricted stock units; reported acquisition price: $0.00 (total $0).
  • Shares owned after transaction: Not specified in the provided filing.
  • Footnote F1: RSUs granted under the nVent 2018 Omnibus Incentive Plan; each RSU entitles the holder to one share upon vesting.
  • Footnote F2: End-of-period holdings noted in the filing include shares acquired via a dividend reinvestment plan (exempt from Section 16(a) reporting).
  • Filing timeliness: Form 4 was filed 2026-05-19 covering the May 15 transaction; this appears to be timely (filed within the standard SEC filing window).

Context RSU grants are a common form of executive/director compensation. They represent a future right to receive company shares if and when vesting conditions are met; they are not an immediate cash outlay or open-market purchase. The reported $0 acquisition simply reflects that the units were awarded rather than bought; any taxable or economic value will be realized when/if the RSUs vest and convert to shares.