Jerry W. Burris - Nov 25, 2024 Form 4 Insider Report for nVent Electric plc (NVT)

Role
Director
Signature
/s/ John K. Wilson, Attorney-in-Fact for Jerry W. Burris
Stock symbol
NVT
Transactions as of
Nov 25, 2024
Transactions value $
-$415,449
Form type
4
Date filed
11/26/2024, 04:15 PM
Previous filing
May 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NVT Ordinary Shares Options Exercise $109K +6.56K +14.56% $16.65 51.6K Nov 25, 2024 Direct F1
transaction NVT Ordinary Shares Sale -$525K -6.56K -12.71% $80.00 45K Nov 25, 2024 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NVT Nonqualified Stock Options (right to buy) Options Exercise $0 -6.56K -100% $0.00 0 Nov 25, 2024 Ordinary Shares 6.56K $16.65 Direct F1, F2
* 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 The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person for financial planning purposes on August 19, 2024.
F2 This option is presently exercisable in full.