4Filed Jul 19, 8:00 PM ET

nVent (NVT) Director Diane Leopold Surrenders 222 Shares to Pay Taxes

$NVT · nVent Electric plc

Research Summary

AI-generated summary of this SEC filing

Updated

nVent (NVT) Director Diane Leopold Surrenders 222 Shares to Pay Taxes

What Happened
Diane Leopold, a director of nVent Electric plc (NVT), surrendered 222 shares on July 17, 2026 to satisfy tax withholding obligations tied to the vesting of restricted stock units. The shares were valued at $154.92 each, totaling about $34,392. This was a tax-withholding disposal (code F), not an open-market sale or purchase.

Key Details

  • Transaction date: 2026-07-17; Form 4 filed: 2026-07-20 (timely filing).
  • Transaction type/code: F — shares surrendered to pay taxes on vested RSUs.
  • Shares surrendered/disposed: 222 at $154.92 each; total ≈ $34,392.
  • Shares owned after transaction: filing notes end-of-period holdings reflect the vesting of previously reported RSUs, but a specific post-transaction total is not provided in this filing. (See footnote F2.)
  • Footnotes: F1 confirms shares were surrendered to pay taxes; F2 states end-of-period holdings reflect recently vested RSUs.
  • Filing timeliness: filed within the required period (no late filing flag).

Context
This is a routine tax-withholding action related to RSU vesting (commonly a cashless/surrender arrangement) and does not in itself signal an independent buy or sell decision about the company. For investors, purchases by insiders generally carry more weight as a bullish signal; tax-related share surrenders are administrative and common after vesting.