Parker Herbert K 4
4 · nVent Electric plc · Filed May 19, 2026
Research Summary
AI-generated summary of this filing
nVent (NVT) Director Herbert K. Parker Receives RSUs; Surrenders Shares
What Happened
Herbert K. Parker, a director of nVent Electric plc, was issued 976 restricted stock units (RSUs) on 2026-05-15 (reported as an acquisition at $0.00 per share). To satisfy tax withholding obligations tied to the vesting, 602 shares were surrendered/disposed at a per-share value of $169.01, totaling $101,744. The primary event is an award/vesting of RSUs rather than an open-market buy or sell.
Key Details
- Transaction date: 2026-05-15.
- Award: 976 RSUs granted/vested (reported at $0.00 acquisition price).
- Tax withholding disposition: 602 shares surrendered @ $169.01 = $101,744.
- Shares owned after transaction: Form notes end-of-period holdings were updated to reflect the vesting, but a specific total share count after these actions is not provided in the summary data.
- Footnotes: RSUs granted under the 2018 Omnibus Incentive Plan (each RSU = one share upon vesting); shares were surrendered specifically to pay taxes; end-of-period holdings also reflect previously reported vesting and dividend reinvestment activity.
- Filing timeliness: Form filed 2026-05-19 for a 2026-05-15 transaction; this appears to be within the standard two-business-day reporting window.
Context
RSUs are a form of compensation that convert to company shares upon vesting; the acquisition recorded here reflects that vesting. The disposition code (F) reflects shares withheld/surrendered to cover taxes, not an open-market sale — a routine administrative action rather than a directional bet by the insider. For retail investors, RSU vesting indicates executive/company compensation alignment but is not the same signal as a purchase funded with personal cash.
Insider Transaction Report
- Award
Ordinary Shares - Restricted Stock Units
[F1][F2][F3]2026-05-15+976→ 976 total - Tax Payment
Ordinary Shares
[F4][F2]2026-05-15$169.01/sh−602$101,744→ 16,853 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 reflect the vesting of restricted stock units that were previously reported.
- [F3]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).
- [F4]Shares surrendered to pay taxes applicable to vesting of restricted stock units.