| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | NVT | Ordinary Shares | Tax liability | -$572K | -8.38K | -48.91% | $68.29 | 8.76K | Mar 5, 2024 | Direct | F1, F2 |
| transaction | NVT | Ordinary Shares | Tax liability | -$420K | -6.15K | -28.54% | $68.29 | 15.4K | Mar 5, 2024 | Direct | F3, F4, F5 |
| holding | NVT | Ordinary Shares - Restricted Stock Units | 56.9K | Mar 5, 2024 | Direct | F4 | |||||
| holding | NVT | Ordinary Shares - Deferral Plan | 437K | Mar 5, 2024 | Plan Agent | F2, F5, F6 |
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).
| 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. |