Yelton Michael 4
4 · Eaton Corp plc · Filed May 5, 2026
Research Summary
AI-generated summary of this filing
Eaton (ETN) President Michael Yelton Receives 1,285 RSUs
What Happened Michael Yelton, President — Americas Region, Electrical Sector (of Eaton Corporation, a subsidiary of Eaton plc), was granted 1,285 restricted stock units (RSUs) on May 1, 2026. The Form 4 reports the award as a derivative grant (transaction code A) at $0.00 per unit; each RSU is a contingent right to receive one ordinary share upon vesting.
Key Details
- Transaction date: May 1, 2026; Form 4 filed May 5, 2026 (within the two-business-day reporting window).
- Grant: 1,285 RSUs; reported acquisition price $0.00 (derivative award).
- Vesting: RSUs vest in full on the third anniversary of the grant date (May 1, 2029). (Footnote: each RSU = right to one ordinary share.)
- Shares owned after transaction: not reported in this filing.
- Remarks: Yelton is President — Americas Region, Electrical Sector of Eaton Corporation (subsidiary of the issuer).
Context This is a typical equity compensation grant to an executive (an award), not an open-market purchase or sale. RSU grants are common for retention and compensation; they do not represent immediately tradable shares and only convert to shares if and when vesting conditions are met. This filing was submitted on time and does not, by itself, indicate the insider is buying or selling stock.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-05-01+1,285→ 1,285 totalExercise: $0.00From: 2029-05-01→ Ordinary Shares (1,285 underlying)
Footnotes (2)
- [F1]These restricted stock units were granted on May 1, 2026 and vest in full on the third anniversary of the grant date. Each restricted stock unit represents a contingent right to receive one ordinary share of the Issuer.
- [F2]This field is not applicable.