Ostling Danita K 4
4 · nVent Electric plc · Filed May 19, 2026
Research Summary
AI-generated summary of this filing
nVent (NVT) Director Danita Ostling Receives RSUs; 355 Shares Surrendered
What Happened
Danita K. Ostling, a director of nVent Electric plc (NVT), was credited with 976 restricted stock units (RSUs) on May 15, 2026 (reported as an award/acquisition at $0.00). On the same date she surrendered 355 shares (reported as a disposition under code F) at an attributed price of $169.01 per share, totaling $59,999, to satisfy tax withholding obligations related to vesting.
Key Details
- Transaction date: May 15, 2026; Form 4 filed May 19, 2026 (filed four calendar days after the transaction — later than the standard 2 business day Form 4 deadline).
- Award: 976 RSUs granted/vested (acquisition reported at $0.00). Each RSU represents a right to one nVent share upon vesting (footnote F1).
- Tax withholding: 355 shares surrendered to cover taxes, at $169.01/share, total $59,999 (footnote F4).
- Post-transaction holdings: the filing notes end-of-period holdings reflect vested RSUs and shares from a dividend reinvestment plan (footnotes F2–F3), but the filing does not state an exact total share count after these transactions.
- Filing notes: RSUs awarded under the nVent Electric plc 2018 Omnibus Incentive Plan (F1); shares were surrendered specifically to pay applicable taxes on vesting (F4).
Context
This was a routine equity award/vesting event with shares withheld to cover tax obligations — not an open-market sale or a purchase that signals buying activity. Such tax-withholding share surrenders are common when restricted awards vest. The later filing date may be noteworthy for compliance monitoring but does not, by itself, indicate a change in company fundamentals.
Insider Transaction Report
- Award
Ordinary Shares - Restricted Stock Units
[F1][F2][F3]2026-05-15+976→ 976 total - Tax Payment
Ordinary Shares
[F4][F3]2026-05-15$169.01/sh−355$59,999→ 6,778 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 include shares acquired under a dividend reinvestment plan in exempt transactions not required to be reported pursuant to Section 16(a).
- [F3]End-of-period holdings reflect the vesting of restricted stock units that were previously reported.
- [F4]Shares surrendered to pay taxes applicable to vesting of restricted stock units.