Peter Denk - Feb 28, 2024 Form 4 Insider Report for Eaton Corp plc (ETN)

Role
President - Mobility Group of Eaton Corporation, a subsidiary of the Issuer.
Signature
/s/ Lizbeth L. Wright, as Attorney-in-Fact
Stock symbol
ETN
Transactions as of
Feb 28, 2024
Transactions value $
-$729,208
Form type
4
Date filed
3/1/2024, 06:46 PM
Previous filing
Feb 26, 2024
Next filing
May 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ETN Ordinary Shares Award $0 +2.82K +60.07% $0.00 7.53K Feb 28, 2024 Direct F1
transaction ETN Ordinary Shares Tax liability -$336K -1.18K -15.67% $285.16 6.35K Feb 29, 2024 Direct F2
transaction ETN Ordinary Shares Sale -$240K -832 -13.11% $288.98 5.51K Feb 29, 2024 Direct F3
transaction ETN Ordinary Shares Options Exercise $100K +1.24K +22.52% $80.49 6.76K Feb 29, 2024 Direct
transaction ETN Ordinary Shares Tax liability -$100K -346 -5.12% $288.88 6.41K Feb 29, 2024 Direct
transaction ETN Ordinary Shares Options Exercise $100K +1.02K +15.88% $98.21 7.43K Feb 29, 2024 Direct
transaction ETN Ordinary Shares Tax liability -$99.7K -345 -4.64% $288.99 7.08K Feb 29, 2024 Direct
transaction ETN Ordinary Shares Options Exercise $33.1K +337 +4.76% $98.21 7.42K Feb 29, 2024 Direct
transaction ETN Ordinary Shares Sale -$97.4K -337 -4.54% $288.99 7.08K Feb 29, 2024 Direct
transaction ETN Ordinary Shares Options Exercise $100K +764 +10.79% $130.86 7.85K Feb 29, 2024 Direct
transaction ETN Ordinary Shares Tax liability -$99.7K -345 -4.4% $289.00 7.5K Feb 29, 2024 Direct
transaction ETN Ordinary Shares Options Exercise $73.5K +562 +7.49% $130.86 8.06K Feb 29, 2024 Direct
transaction ETN Ordinary Shares Sale -$162K -562 -6.97% $288.95 7.5K Feb 29, 2024 Direct

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 Stock Option Award $0 +2.7K $0.00 2.7K Feb 28, 2024 Ordinary Shares 2.7K $286.96 Direct F4
transaction ETN Restricted Stock Units Award $0 +850 $0.00 850 Feb 28, 2024 Ordinary Shares 850 $0.00 Direct F5, F6
transaction ETN Stock Option Options Exercise $0 -1.24K -100% $0.00* 0 Feb 29, 2024 Ordinary Shares 1.24K $80.49 Direct F7
transaction ETN Stock Option Options Exercise $0 -1.02K -75.13% $0.00 337 Feb 29, 2024 Ordinary Shares 1.02K $98.21 Direct F8
transaction ETN Stock Option Options Exercise $0 -337 -100% $0.00* 0 Feb 29, 2024 Ordinary Shares 337 $98.21 Direct F8
transaction ETN Stock Option Options Exercise $0 -764 -19.59% $0.00 3.14K Feb 29, 2024 Ordinary Shares 764 $130.86 Direct F9
transaction ETN Stock Option Options Exercise $0 -562 -17.92% $0.00 2.57K Feb 29, 2024 Ordinary Shares 562 $130.86 Direct F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were acquired upon the vesting of performance share awards.
F2 Represents shares withheld to cover taxes incurred in connection with the settlement of the performance share awards that vested February 28, 2024.
F3 Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $288.93 - $288.98. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
F4 These stock options become exercisable as follows: 33% on the first and second anniversary of the date of the grant and the remaining 34% on the third anniversary of the date of the grant.
F5 These restricted stock units were granted on February 28, 2024 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.
F6 This field is not applicable.
F7 These stock options were granted on February 26, 2019 and were fully vested and exercisable.
F8 These stock options were granted on February 25, 2020 and were fully vested and exercisable.
F9 These stock options were granted on February 23, 2021 and became exercisable 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.

Remarks:

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