Eaton Corp plc·4

Feb 27, 6:56 PM ET

Galvao Antonio 4

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Eaton (ETN) President Antonio Galvao Receives Awards, Exercises Options

What Happened

  • Antonio Galvao, President — Mobility Group at Eaton Corporation, received equity awards and completed option activity. On Feb 25, 2026 he had 1,236 shares vest from performance share awards (reported as acquired at $0). On Feb 25, 2026 additional restricted-equity awards (derivative) totaling 1,535 RSUs (1,150 + 385) were recorded as granted (acquired at $0). On Feb 26, 2026 he exercised or converted 141 derivative shares (reported as acquired at $0) and the filing also shows a same-day disposition of 141 derivative shares (reported at $0).

Key Details

  • Transaction dates: Feb 25, 2026 (vests/grants) and Feb 26, 2026 (option exercise and same-day disposition). All transactions reported with $0 per-share consideration on the Form 4.
  • Shares involved: 1,236 vested performance shares; 1,150 and 385 RSU grants (total 1,535 RSUs) on Feb 25, 2026; 141 shares exercised on Feb 26, 2026 with a simultaneous reported disposition of 141 shares.
  • Vesting/exercise schedules noted in filing: stock options and RSUs vest/ become exercisable 33% on the first and second anniversaries and 34% on the third anniversary of the grant date (per footnotes).
  • Shares owned after the transactions: not provided in the supplied summary of the Form 4.
  • Filing: Report filed Feb 27, 2026 for transactions dated Feb 25–26, 2026 (no late-filing flag indicated).

Context

  • The 1,236 shares reported as acquired were from the vesting of performance share awards. The 1,535 items labeled as derivatives are restricted stock units (contingent rights to receive one ordinary share each) that vest over three years per the footnotes. The Form 4 shows both the exercise (acquisition) and a same-day disposition of 141 shares on Feb 26, which commonly reflects immediate disposition/settlement of exercised shares, though the filing here reports $0 consideration for that disposition.
  • Galvao is an executive (President — Mobility Group), not reported as a 10% owner in the supplied data. These filings are factual records of equity compensation and option activity and do not, by themselves, indicate managerial intent to buy or sell for investment reasons.