nVent Electric plc·4

May 19, 5:37 PM ET

Ostling Danita K 4

4 · nVent Electric plc · Filed May 19, 2026

Research Summary

AI-generated summary of this filing

Updated

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

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][F3]
    2026-05-15$169.01/sh355$59,9996,778 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.
Signature
/s/ John K. Wilson, Attorney-in-Fact for Danita K. Ostling|2026-05-19

Documents

1 file
  • 4
    form4.xmlPrimary

    FORM 4