Key facts
- This page summarizes Joseph A. Ruzynski's Form 4 filing for nVent Electric plc (NVT).
- 5 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 05 Mar 2024, 18:28.
Joseph A. Ruzynski - 01 Mar 2024 Form 4 Insider Report for nVent Electric plc (NVT)
- Reporting relationship
- President of Enclosures
- Issuer ticker
- NVT
- Reported as of
- 01 Mar 2024
- Net transaction value
- -$89,912
- SEC form
- 4
- Accepted by SEC
- 05 Mar 2024, 18:28:48 UTC
- Prior SEC filing
- 20 Feb 2024
- Next SEC filing
- 07 Mar 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ John K. Wilson, Attorney-in-Fact for Joseph A. Ruzynski
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Joseph A. Ruzynski filed Form 4 for nVent Electric plc (NVT) on 05 Mar 2024.
Change
- Previous filing in this sequence was filed on 20 Feb 2024.
- Current net transaction value: -$89,912.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
NVT
transaction
Ordinary Shares
Options Exercise
- Transaction value
- $0
- Shares
- +4,484
- Change %
- +8%
- Price
- $0.000000
- Shares after
- 60,317
- Date
- 01 Mar 2024
- Ownership
- Direct
- Footnotes
- F1
NVT
transaction
Ordinary Shares
Tax liability
- Transaction value
- $89,912
- Shares
- -1,308
- Change %
- -2.2%
- Price
- $68.74
- Shares after
- 58,596
- Date
- 01 Mar 2024
- Ownership
- Direct
- Footnotes
- F2, F3
NVT
transaction
Common Shares - Restricted Stock Units
Award
- Transaction value
- $0
- Shares
- +6,183
- Change %
- +52%
- Price
- $0.000000
- Shares after
- 18,184
- Date
- 01 Mar 2024
- Ownership
- Direct
- Footnotes
- F4
NVT
holding
Ordinary Shares - Deferral Plan
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 8,444
- Date
- 01 Mar 2024
- Ownership
- Plan Agent
- Footnotes
- F3, F5
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
NVT
transaction
Derivative
Employee Stock Option (right to buy)
Award
- Transaction value
- $0
- Shares
- +15,650
- Change %
- Price
- $0.000000
- Shares after
- 15,650
- Date
- 01 Mar 2024
- Ownership
- Direct
- Underlying class
- Ordinary Shares
- Underlying amount
- 15,650
- Exercise price
- $68.74
- Footnotes
- F6, F7
NVT
transaction
Derivative
Performance Share Units
Options Exercise
- Transaction value
- $0
- Shares
- -4,484
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 01 Mar 2024
- Ownership
- Direct
- Underlying class
- Ordinary Shares
- Underlying amount
- 4,484
- Exercise price
- Footnotes
- F1, F8
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 8 footnotes
Footnote F1
Reflects the vesting of performance share units in shares earned pursuant to the satisfaction of conditions set forth in footnote 8.
Footnote F2
Shares surrendered to pay taxes applicable to vesting of performance share units.
Footnote F3
End-of-period holdings reflect the deferral of vested performance share units.
Footnote F4
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, 2024. Each restricted stock unit represents a right to receive one nVent Electric plc share upon vesting.
Footnote F5
Shares of nVent Electric plc will be delivered to the reporting person in accordance with their irrevocable deferral election.
Footnote F6
Employee stock option granted under the nVent 2018 Omnibus Incentive Plan.
Footnote F7
One-third of the stock options become exercisable on the first, second and third anniversary of March 5, 2024.
Footnote F8
Performance share units vest during the March 1, 2021-March 1, 2024 performance period one-third if the closing price for nVent shares exceeds $26.25 for 20 consecutive days and the reporting person is employed for 1 year from the grant date, one-third if the closing price for nVent shares exceeds $28.35 for 20 consecutive days and the reporting person is employed for 2 years from the grant date, and one-third if the closing price for nVent shares exceeds $30.62 for 20 consecutive days and the reporting person is employed for 3 years from the grant date. Each of the foregoing nVent share price conditions has been satisfied. Each performance share unit represents a right to receive one nVent Electric plc share upon vesting.