Palmer Nicola 4

What Happened Nicola Palmer, a director of nVent Electric plc (NVT), was granted 976 restricted stock units (RSUs) on 2026-05-15 (transaction code A). The RSUs were granted at $0.00 (each RSU represents a right to one share upon vesting). On the same date she had 355 shares withheld/surrendered to cover tax withholding (transaction code F) at $169.01 per share, totaling approximately $59,999. The withholding is an administrative disposition to satisfy tax obligations related to vesting.

Key Details

• Transaction dates: May 15, 2026 (grant and tax withholding).
• Grant: 976 RSUs (A), acquisition price reported as $0.00 per unit.
• Tax withholding: 355 shares surrendered (F) at $169.01, total ~$59,999.
• Footnotes: RSUs granted under the nVent 2018 Omnibus Incentive Plan; withholding shares surrendered to pay taxes; end-of-period holdings reflect vesting and dividend reinvestment plan activity per filing.
• Filing timeliness: Form 4 filed on May 19, 2026. Because the transactions occurred on May 15, 2026, the Form 4 was filed within the required two business days and is timely.
• Post-transaction total shares: the filing’s footnotes note end-of-period holdings reflect vesting and DRIP activity; the filing did not state a simple total share count in the provided summary.

Context RSU grants are compensation awards that convert to shares only if/when they vest; they are not open-market purchases and do not by themselves signal a director buying stock. The surrendered 355 shares were used solely to satisfy tax withholding obligations (a common, administrative practice sometimes called share withholding or net settlement), not an investment sale. For retail investors, award grants should be viewed as part of executive compensation rather than direct insider buying or selling of company stock.