Galvao Antonio 4

What Happened

• Antonio Galvao, President — Mobility Group of Eaton Corporation (ETN), had 153 restricted stock units (RSUs convertibles to ordinary shares) vest and convert to common shares on Feb 23, 2026. The RSUs converted at $0.00 (no exercise price). To cover tax withholding, 43 of the newly issued shares were withheld at a price of $374.26/share, totaling $16,093. Net shares issued to him = 110 shares.

Key Details

• Transaction date: 2026-02-23 (reported 2026-02-24)
• Conversion: 153 RSUs → 153 ordinary shares (code M; $0.00 exercise price)
• Tax withholding: 43 shares withheld at $374.26/share = $16,093 (code F)
• Net shares received: 110 shares
• Shares owned after transaction: not specified in the filing excerpt
• Footnote: These RSUs were granted 2023-02-22 and vested per schedule (33% on 1st and 2nd anniversaries, 34% on 3rd anniversary).
• Timeliness: Filing appears timely (reporting period 2026-02-23, filed 2026-02-24)

Context

• This was a routine vesting/conversion of RSUs (derivative conversion), not an open-market purchase or sale. The withholding of shares to satisfy taxes is a common settlement method (cashless/tax withholding) and does not necessarily indicate a buy or sell signal by the insider.