nVent (NYSE: NVT) SVP Wacker surrenders shares to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
nVent Electric plc executive Randolph A. Wacker reported a routine tax-withholding share disposition. On 02/10/2026, the SVP & Chief Accounting Officer surrendered 161 ordinary shares at $112.15 per share to cover taxes due on vesting restricted stock units.
After this transaction, Wacker directly owned 47,156.7301 ordinary shares. He also held 4,032.652 ordinary shares as restricted stock units, 1,072.609 ordinary shares indirectly through an ESOP, and 14,964.298 ordinary shares indirectly in a deferral plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Wacker Randolph A.
Role
SVP & Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares | 161 | $112.15 | $18K |
| holding | Ordinary Shares - Restricted Stock Units | -- | -- | -- |
| holding | Ordinary Shares - ESOP | -- | -- | -- |
| holding | Ordinary Shares - Deferral Plan | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 47,156.73 shares (Direct);
Ordinary Shares - Restricted Stock Units — 4,032.652 shares (Direct);
Ordinary Shares - ESOP — 1,072.609 shares (Indirect, By ESOP);
Ordinary Shares - Deferral Plan — 14,964.298 shares (Indirect, Plan Agent)
Footnotes (1)
- Shares surrendered to pay taxes applicable to vesting of restricted stock units. 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). 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). End-of-period holdings reflect the vesting of restricted stock units that were previously reported. End-of-period holdings reflect the deferral of vested restricted stock units. Shares of nVent Electric plc will be delivered to the reporting person in accordance with their irrevocable deferral election.
FAQ
What insider transaction did nVent (NVT) report for Randolph A. Wacker?
Randolph A. Wacker reported surrendering 161 nVent ordinary shares on 02/10/2026. The Form 4 shows this was to pay taxes related to vesting restricted stock units, rather than an open-market sale, making it a routine administrative transaction for equity compensation.
Was the nVent (NVT) Form 4 transaction by Randolph A. Wacker a market sale?
The transaction was not a market sale; shares were surrendered to pay taxes on restricted stock unit vesting. The Form 4 lists transaction code F, indicating payment of tax liability by delivering securities, a common mechanism for handling executive equity compensation obligations.
What types of nVent (NVT) equity holdings does Randolph A. Wacker report?
Wacker reports several equity categories: directly held ordinary shares, restricted stock units, indirect holdings via an Employee Stock Ownership Plan, and additional indirect holdings in a deferral plan. Footnotes explain that dividend reinvestment and ESPP purchases are included in these end-of-period balances.
What do the deferral plan holdings mean in Randolph A. Wacker’s nVent (NVT) Form 4?
The deferral plan holdings represent vested restricted stock units that Wacker elected to defer. The filing notes that nVent shares will be delivered to him later under an irrevocable deferral election, with 14,964.298 ordinary shares reported under this deferral arrangement.