Nandakumar Cheruvatath - 22 Feb 2024 Form 4 Insider Report for Eaton Corp plc (ETN)

Role
President - Aerospace Group of Eaton Corporation, a subsidiary of the Issuer.
Signature
/s/ Lizbeth L. Wright, as Attorney-in-Fact
Issuer symbol
ETN
Transactions as of
22 Feb 2024
Net transactions value
-$158,948
Form type
4
Filing time
26 Feb 2024, 21:28:20 UTC
Previous filing
08 Aug 2023
Next filing
01 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ETN Ordinary Shares Options Exercise $0 +462 +2.1% $0.000000 22,316 22 Feb 2024 Direct
transaction ETN Ordinary Shares Tax liability $48,610 -171 -0.77% $284.27 22,145 22 Feb 2024 Direct
transaction ETN Ordinary Shares Options Exercise $0 +458 +2.1% $0.000000 22,603 22 Feb 2024 Direct
transaction ETN Ordinary Shares Tax liability $46,620 -164 -0.73% $284.27 22,439 22 Feb 2024 Direct
transaction ETN Ordinary Shares Options Exercise $0 +624 +2.8% $0.000000 23,063 23 Feb 2024 Direct
transaction ETN Ordinary Shares Tax liability $63,718 -223 -0.97% $285.73 22,840 23 Feb 2024 Direct
holding ETN Ordinary Shares 2,492 22 Feb 2024 by trustee of ESP F5

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 ETN Restricted Stock Units Options Exercise $0 -462 -49% $0.000000 476 22 Feb 2024 Ordinary Shares 462 $0.000000 Direct F1, F2
transaction ETN Restricted Stock Units Options Exercise $0 -458 -33% $0.000000 932 22 Feb 2024 Ordinary Shares 458 $0.000000 Direct F1, F3
transaction ETN Restricted Stock Units Options Exercise $0 -624 -100% $0.000000* 0 23 Feb 2024 Ordinary Shares 624 $0.000000 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This field is not applicable.
F2 These restricted stock units were granted on February 22, 2022 and vest as follows: 33% on the first and second anniversary of the grant date and the remaining 34% on the third anniversary of the grant date. Each restricted stock unit represents a contingent right to receive one ordinary share of the Issuer.
F3 These restricted stock units were granted on February 22, 2023 and vest as follows: 33% on the first and second anniversary of the grant date and the remaining 34% on the third anniversary of the grant date. Each restricted stock unit represents a contingent right to receive one ordinary share of the Issuer.
F4 These restricted stock units were granted on February 23, 2021 and vested as follows: 33% on the first and second anniversary of the grant date and the remaining 34% on the third anniversary of the grant date. Each restricted stock unit represents a contingent right to receive one ordinary share of the Issuer.
F5 These ordinary shares are held in the Eaton Savings Plan.

Remarks:

President - Aerospace Group of Eaton Corporation, a subsidiary of the Issuer.