Beth A. Wozniak - 05 Mar 2024 Form 4 Insider Report for nVent Electric plc (NVT)

Signature
/s/ John K. Wilson, Attorney-in-Fact for Beth A. Wozniak
Issuer symbol
NVT
Transactions as of
05 Mar 2024
Net transactions value
-$992,390
Form type
4
Filing time
07 Mar 2024, 17:02:15 UTC
Previous filing
05 Mar 2024
Next filing
19 Apr 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NVT Ordinary Shares Tax liability $572,475 -8,383 -49% $68.29 8,756 05 Mar 2024 Direct F1, F2
transaction NVT Ordinary Shares Tax liability $419,915 -6,149 -29% $68.29 15,395 05 Mar 2024 Direct F3, F4, F5
holding NVT Ordinary Shares - Restricted Stock Units 56,883 05 Mar 2024 Direct F4
holding NVT Ordinary Shares - Deferral Plan 436,570 05 Mar 2024 Plan Agent F2, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Shares surrendered to pay taxes applicable to settlement of performance share units.
F2 End-of-period holdings reflect the deferral of vested performance share units.
F3 Shares surrendered to pay taxes applicable to vesting of restricted stock units.
F4 End-of-period holdings reflect the vesting of restricted stock units that were previously reported.
F5 End-of-period holdings reflect the deferral of vested restricted stock units.
F6 Shares of nVent Electric plc will be delivered to the reporting person in accordance with their irrevocable deferral election.