nVent Electric plc·4

May 19, 5:37 PM ET

Ostling Danita K 4

Research Summary

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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.