Yelton Michael 4
Research Summary
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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.