Form 8-K
8-K — nVent Electric plc
Accession: 0001104659-26-075152
Filed: 2026-06-17
Period: 2026-06-11
CIK: 0001720635
SIC: 3550 (SPECIAL INDUSTRY MACHINERY (NO METALWORKING MACHINERY))
Item: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
Item: Financial Statements and Exhibits
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UNITED STATES
SECURITIES AND
EXCHANGE COMMISSION
Washington, D.C.
20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION
13 OR 15(d) OF
THE SECURITIES
EXCHANGE ACT OF 1934
Date of Report
(Date of earliest event reported): June 11, 2026
nVent
Electric plc
(Exact name of Registrant as specified in its
charter)
Ireland
001-38265
98-1391970
(State or other jurisdiction of
incorporation)
(Commission File Number)
(I.R.S. Employer
Identification No.)
The Mille, 1000 Great West Road, 8th Floor (East), London, TW8 9DW, United Kingdom
(Address of principal
executive offices)
Registrant's telephone
number, including area code: 44-20-3966-0279
Check the appropriate box
below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following
provisions:
¨
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered
pursuant to Section 12(b) of the Act:
Title of each class
Trading symbol(s)
Name of each exchange on which registered
Ordinary Shares, nominal value $0.01 per share
NVT
New York Stock Exchange
Indicate by check
mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this
chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
¨ Emerging growth company
If an emerging growth company, indicate
by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial
accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
ITEM 5.02 Departure of Directors
or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On June 11, 2026, Randolph A. Wacker, Senior Vice
President, Chief Accounting Officer and Treasurer of nVent Electric plc (the “Company”) notified the Company that he intends
to retire effective September 1, 2026. On June 12, 2026, the Board of Directors of the Company appointed Tyler Krutzig as Senior
Vice President and Chief Accounting Officer of the Company effective September 1, 2026.
Mr. Krutzig, age 39, has served as the Assistant Corporate Controller
of the Company since 2019. Prior to joining the Company, he served in corporate controlling and external reporting roles at Pentair plc
from 2016 to 2018. Mr. Krutzig also previously held various positions in the audit practice of Deloitte & Touche LLP from
2008 to 2016.
In connection with Mr. Krutzig being appointed Senior Vice President
and Chief Accounting Officer, Mr. Krutzig will receive a Key Executive Employment and Severance Agreement (the “KEESA”)
upon the effective date of his appointment as Senior Vice President and Chief Accounting Officer of the Company in the same form applicable
for other executive officers of the Company. The KEESA will provide that Mr. Krutzig could be entitled to certain severance and other
benefits following a “change in control” (as defined in the KEESA) of the Company if Mr. Krutzig is involuntarily terminated,
other than for disability or “cause” (as defined in the KEESA), or if Mr. Krutzig terminates his employment for conditions
that constitute “good reason” (as defined in the KEESA). The foregoing description of the KEESA is qualified in its entirety
by reference to the full text of the KEESA, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and
is incorporated herein by reference.
ITEM 9.01 Financial Statements and Exhibits
(a)
Financial Statements of Businesses or Funds Acquired
Not applicable.
(b)
Pro Forma Financial Information
Not applicable.
(c)
Shell Company Transactions
Not applicable.
(d)
Exhibits
EXHIBIT INDEX
Exhibit
Description
10.1
Form of Key Executive Employment and Severance Agreement for Tyler Krutzig (incorporated by reference to Exhibit 10.24 in the Annual Report on Form 10-K of nVent Electric plc filed with the Commission on February 20, 2024 (file No. 001-38265)).
104
Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized, on June 17,
2026.
nVent Electric plc
Registrant
By
/s/ Gary L. Corona
Gary L. Corona
Executive Vice President and Chief Financial Officer
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