Jain Nitin 4

What Happened
Nitin Jain, EVP and Chief Strategy Officer of nVent Electric plc (NVT), received a grant of 1,594 restricted stock units (RSUs) on June 10, 2026. The Form 4 reports an acquisition price of $0.00, which reflects an award of RSUs rather than a cash purchase or open-market trade. Each RSU represents the right to one share upon vesting.

Key Details

• Transaction date: June 10, 2026; filed on June 11, 2026 (timely filing).
• Transaction type/code: Award/Grant (A); 1,594 RSUs granted; acquisition price reported as $0.00.
• Vesting: One-third of the RSUs vest on each of the first, second and third anniversaries of June 10, 2026 (per plan).
• Shares owned after transaction: Not specified on the filing; footnote notes end-of-period holdings include monthly ESPP purchases under Rule 16b-3(c).
• Plan/authority: RSUs granted pursuant to the nVent Electric plc 2018 Omnibus Incentive Plan. No 10b5-1 or tax-withholding details shown on this Form 4.

Context
RSU grants are common long-term incentive awards for executives; they do not represent immediately tradable stock until they vest and convert to shares. The $0.00 acquisition price on the Form 4 is standard for RSU grants and does not imply there was no value—market value will be realized when/if units vest and shares are delivered.