Monesmith Heath B. 4

What Happened

• Heath B. Monesmith, President and Chief Operating Officer — Electrical Sector, converted 889 restricted stock units (RSUs) into ordinary Eaton shares on February 27, 2026. Of those, 393 shares were withheld to satisfy tax withholding, valued at $370.88 per share for a total of $145,756. The conversion and withholding are recorded as derivative exercise/conversion and tax withholding on the Form 4.

Key Details

• Transaction date: 2026-02-27; Form 4 filed 2026-03-02 (timely).
• Conversion: 889 RSUs converted to 889 ordinary shares at $0.00 (typical for vested RSUs).
• Tax withholding: 393 shares disposed at $370.88 per share; total withholding value $145,756.
• Net shares added to holdings from this vesting: 889 − 393 = 496 shares (these ordinary shares are held in the Eaton Savings Plan per the filing).
• Footnote: RSUs were originally granted on Feb 28, 2024 and vest 33% on the first and second anniversaries and 34% on the third (these converted units were part of that grant).
• No late filing indicated.

Context

• This was a standard RSU vesting and tax-withholding transaction (not an open-market sale). The RSUs were converted into shares and a portion was surrendered/withheld to cover required taxes — a common, routine corporate compensation event rather than an active stock sale or purchase decision by the insider.
• The filing shows the derivative conversion and withholding; it does not reflect any open-market purchase or directional trading intent.