Wadecki Adam A 4

What Happened Adam A. Wadecki, Senior Vice President and Controller (Eaton subsidiary), had 132 restricted stock units (RSUs convert/vest) on Feb 27, 2026. The RSUs converted into 132 ordinary shares (reported as derivative exercise/conversion). To cover tax withholding, 48 of those shares were surrendered at a per-share value of $370.88, totaling $17,802. After withholding, Wadecki received a net 84 shares. The gross value of the 132 vested shares at $370.88 would be about $48,956.16; net value after withholding is roughly $31,154.16. This appears to be a routine vesting/tax-withholding event, not an open-market sale or purchase.

Key Details

• Transaction date: 2026-02-27; Form filed 2026-03-02 (within the typical two-business-day Form 4 deadline).
• Actions reported: M (exercise/conversion of derivative) — 132 shares converted to ordinary shares; F (tax withholding) — 48 shares withheld/disposed at $370.88/share = $17,802.
• Net shares delivered to insider: 84 shares (132 vested − 48 withheld).
• Shares owned after transaction: not disclosed in the provided excerpt of the filing.
• Footnote: These were RSUs granted 2024-02-28 that vest 33% on the 1st and 2nd anniversaries and 34% on the 3rd anniversary (F1). F2 not applicable.
• Remarks: Wadecki is SVP and Controller of Eaton Corporation, a subsidiary of the issuer.

Context

• This was a vesting/settlement of RSUs with a share-for-tax withholding (common, routine practice). In effect it’s not an open‑market sale for cash but a payroll tax withholding in shares.
• Transaction codes: M indicates conversion/exercise of a derivative (here RSUs converting to shares); F indicates shares surrendered to satisfy tax obligations.
• For retail investors: such withholding events usually reflect compensation vesting rather than a deliberate investment decision; they do not necessarily signal insider sentiment about the stock.