Galvao Antonio 4

What Happened Antonio Galvao, President — Mobility Group of Eaton Corporation (ETN), had shares withheld to cover tax liabilities when equity awards vested. On Feb 26, 2026, 340 shares were withheld at $372.96 each ($126,806) and 39 shares were withheld at $367.49 each ($14,332), for a total of 379 shares and roughly $141,138 in value. These are dispositions labeled as tax withholding (code F) tied to the settlement of performance shares and restricted stock units.

Key Details

• Transaction dates and prices:
  • 2026-02-26: 340 shares withheld @ $372.96 = $126,806 (F1)
  • 2026-02-26: 39 shares withheld @ $367.49 = $14,332 (F2)
• Total shares withheld: 379; total value ≈ $141,138.
• Footnotes:
  • F1: Shares withheld to cover taxes for performance share awards that vested Feb 25, 2026.
  • F2: Shares withheld to cover taxes for restricted stock units that vested Feb 26, 2026.
• Shares owned after the transaction: not specified in the provided filing details.
• Filing: Report filed 2026-03-02 for transactions on 2026-02-26 (filed within the typical two-business-day Form 4 window).

Context

• These were not open-market sales but automatic tax-withholding dispositions when awards vested (a common administrative action). Such withholdings are routine and do not necessarily signal the insider's view of the stock.
• For retail investors, purchases or open-market sales often carry more interpretive weight than tax withholdings tied to vesting.