RUIZ STERNADT PAULO 4

What Happened Paulo Ruiz Sternadt, a director of Eaton plc (and Chief Executive Officer of Eaton Corporation, a subsidiary), exercised 11,725 stock options on Feb 12, 2026 at a strike price of $98.21 per share (total cost $1,151,512). On the same day he sold 10,707 of those shares in an open-market transaction for an average weighted price of $390.26 per share, generating proceeds of approximately $4,178,495. The filing also shows a derivative disposition of 11,725 units at $0 (see Key Details).

Key Details

• Transaction date: 2026-02-12; filing date: 2026-02-13 (timely).
• Exercise: 11,725 shares exercised at $98.21 each = $1,151,512 (transaction code M).
• Sale: 10,707 shares sold in open market at an average weighted price of $390.26 = $4,178,495 (transaction code S). Reported sale prices ranged $390.22–$390.52 (footnote F1).
• Derivative entry: 11,725 derivative units reported disposed at $0 (transaction code M); footnote F2 notes the options were granted Feb 25, 2020 and were fully vested and exercisable.
• Shares owned after the transactions are not specified in the excerpt provided; see the full Form 4 for post-transaction holdings.

Context

• This was an options exercise combined with an immediate open‑market sale of most of the acquired shares — a common pattern that can be used to cover the exercise cost, taxes, or to realize gains. The filing objectively records both the exercise (cash paid at strike) and the sale (cash proceeds).
• The weighted-average sale price and range are provided (F1); the filer offers to supply a per-price breakdown on request to the SEC or issuer.