Awada Kaled 4

What Happened

• Kaled Awada, Executive Vice President and Chief Human Resources Officer (of Eaton Corporation, a subsidiary of the issuer), was granted equity awards on February 25, 2026: 3,600 stock options and 1,220 restricted stock units (RSUs). Both awards show $0.00 as the acquisition price because they are compensation grants, not open-market purchases.

Key Details

• Transaction date: 2026-02-25; filing date: 2026-02-27 (timely Form 4).
• Awards: 3,600 options (derivative) and 1,220 RSUs (derivative); acquisition price listed as $0.00.
• Vesting/exercisability: options vest/exercise schedule — 33% on the 1st and 2nd anniversaries, 34% on the 3rd anniversary (Footnote F1). RSUs vest on the same 33%/33%/34% schedule (Footnote F2); each RSU converts to one ordinary share when vested.
• Shares owned after the transaction are not specified in the provided filing details.
• No indication of a sale, exercise, tax withholding, 10b5-1 plan, or late filing in this report.

Context

• These are compensation grants (awards), common for senior executives, and do not represent an open-market purchase or sale. Options give the right to buy shares later (subject to vesting and exercise), while RSUs are rights to receive shares when they vest. Such grants are routine for retention and incentive purposes; they are factual disclosures and should not be read as a direct market signal.