Wadecki Adam A 4

What Happened

• Adam A. Wadecki, Senior Vice President and Controller of Eaton Corporation (a subsidiary of Eaton Corp plc), received equity awards and completed a derivative conversion/exercise.
• On Feb 25, 2026 Wadecki was granted restricted stock units (RSUs) totaling 4,860 RSUs (1,550 + 525 + 2,785). On Feb 26, 2026 he converted/exercised derivatives to acquire 108 shares. To satisfy tax withholding, 39 of the acquired shares were withheld/disposed at $367.49 per share, totaling $14,332.
• These actions are compensation-related (award grants and an exercise with sell-to-cover for taxes), not an open-market buy or strategic sale.

Key Details

• Transaction dates: RSU grants on 2026-02-25; exercise/conversion and tax withholding on 2026-02-26; Form 4 filed 2026-02-27 (timely).
• Shares/amounts: 4,860 RSUs granted; 108 shares acquired via exercise/conversion; 39 shares withheld for taxes (39 x $367.49 = $14,332).
• Vesting/footnotes: grants include multi-year vesting schedules — some RSUs vest 33%/33%/34% over three years and at least one set vests on 2029-02-25 (see filing footnotes for exact grant-by-grant schedules).
• Transaction codes explained: A = award/grant (RSUs); M = exercise/conversion of derivative; F = shares withheld to cover taxes.
• Shares owned after the transactions are not specified in the provided excerpt of the filing.

Context

• This appears to be routine equity compensation and a standard sell-to-cover tax withholding following an exercise/conversion—common for employee awards and not necessarily a signal of personal market view.
• For investors, awards and exercised options primarily reflect company compensation practice; purchases (buys) are generally more informative than routine grants or tax-withhold disposals.