nVent Electric plc·4

Mar 3, 5:17 PM ET

Bennett Martha Claire 4

4 · nVent Electric plc · Filed Mar 3, 2026

Research Summary

AI-generated summary of this filing

Updated

nVent (NVT) EVP Martha Claire Bennett Receives Restricted Stock Award

What Happened

  • Martha Claire Bennett, EVP & Chief Marketing Officer of nVent Electric plc, received equity awards reported on Mar 2, 2026 and filed on Mar 3, 2026. The filing shows two award transactions: 1,455 shares acquired at $0.00 and 3,517 shares recorded as a derivative award at $0.00 — a total of 4,972 shares/RSUs. These awards were granted as compensation (not purchases or sales).

Key Details

  • Transaction date(s): March 2, 2026 (filed March 3, 2026). Filing appears timely (within the typical Form 4 window).
  • Items granted: 1,455 shares (acquired at $0); 3,517 derivative units (RSUs) at $0 — total 4,972.
  • Price/value: $0.00 reported per share/unit (these are compensation awards; the filing does not report a cash purchase price).
  • Vesting: Per footnote F1, the restricted stock units vest one‑third on the first, second and third anniversaries of March 5, 2026 (i.e., roughly Mar 5, 2027; Mar 5, 2028; Mar 5, 2029).
  • What the derivative means: RSUs represent a right to receive one nVent share upon vesting (they are not immediately tradable shares until vested).
  • Other footnotes: F2–F3 note end‑of‑period holdings include dividend reinvestment and ESPP purchases (exempt transactions). F4–F5 reference an employee stock option grant and its three‑year vesting schedule. These are additional plan details included in the filing.
  • Post‑transaction holdings: The filing does not disclose a total shares‑owned figure in the summary lines provided here.

Context

  • These awards are typical executive compensation (an "award" grant), not an open‑market buy or a sale. Awards at $0 generally reflect compensation rather than an investment purchase by the insider.
  • RSUs vest over time and become shares only upon vesting; they do not signal an immediate sale or cashless exercise. For retail investors, such grants indicate company compensation practices but are not direct indicators of short‑term insider buying or selling.

Insider Transaction Report

Form 4
Period: 2026-03-02
Bennett Martha Claire
EVP & Chief Marketing Officer
Transactions
  • Award

    Ordinary Shares - Restricted Stock Units

    [F1][F2]
    2026-03-02+1,45517,334.459 total
  • Award

    Employee Stock Option (right to buy)

    [F4][F5]
    2026-03-02+3,5173,517 total
    Exercise: $120.27Exp: 2036-03-02Ordinary Shares (3,517 underlying)
Holdings
  • Ordinary Shares

    [F3]
    700.533
Footnotes (5)
  • [F1]Restricted stock units granted pursuant to the nVent Electric plc 2018 Omnibus Incentive Plan. One-third of the restricted stock units vest on the first, second and third anniversary of March 5, 2026. Each restricted stock unit represents a right to receive one nVent Electric plc share upon vesting.
  • [F2]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).
  • [F3]End-of-period holdings include monthly purchases under the nVent Electric plc Employee Stock Purchase Plan (ESPP) in exempt transactions pursuant to Rule 16b-3(c).
  • [F4]Employee stock option granted under the nVent 2018 Omnibus Incentive Plan.
  • [F5]One-third of the stock options become exercisable on the first, second and third anniversary of March 5, 2026.
Signature
/s/ John K. Wilson, Attorney-in-Fact for Martha Claire Bennett|2026-03-03

Documents

1 file
  • 4
    form4.xmlPrimary

    FORM 4