Scheu Greg 4

What Happened

• Greg Scheu, a director of nVent Electric plc, surrendered 355 shares on May 15, 2026 to satisfy tax withholding tied to the vesting of restricted stock units. The shares were valued at $169.01 each, for a total disposition of $59,999. This was a tax-withholding disposition (transaction code F), not an open-market sale.

Key Details

• Transaction date and price: May 15, 2026 — 355 shares at $169.01 per share (total $59,999).
• Filing date: Form 4 filed May 19, 2026 (filed within the normal two-business-day window).
• Shares owned after transaction: the filing notes end-of-period holdings reflect the vesting of previously reported RSUs (the filing does not list a separate net total in this summary).
• Footnotes: F1 — shares surrendered to pay taxes applicable to RSU vesting; F2 — end-of-period holdings reflect those vested RSUs.
• Transaction code: F (tax withholding/cashless share surrender).

Context

• This was a routine tax-withholding event tied to RSU vesting (a cashless surrender), not a discretionary sale indicating a trading view. Such withholding arrangements are common and do not necessarily reflect the insider’s sentiment about the company. Purchases or open-market sales usually carry more informational weight for investors.