Eaton Corp plc·4

May 8, 6:15 PM ET

Thompson Dorothy C 4

Research Summary

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Eaton (ETN) Director Dorothy C. Thompson Vests RSUs; 150 Shares Withheld

What Happened

  • Dorothy C. Thompson, a member of Eaton Corp plc's Board of Directors, had restricted stock units (RSUs) vest on May 6, 2026. The filing shows 621 RSUs converted into ordinary shares. To satisfy tax withholding, 150 shares were disposed/withheld at $416.50 per share for a tax withholding value of $62,475. The filing also reports an acquisition/grant of 470 RSUs on the same date.

Key Details

  • Transaction date: May 6, 2026; filing date: May 8, 2026 (appears timely).
  • Vested/converted: 621 RSUs -> 621 shares (exercise/conversion, code M).
  • Tax withholding: 150 shares disposed @ $416.50 = $62,475 (code F).
  • Additional award: 470 RSUs reported as acquired (code A); some RSUs include dividend-equivalent reinvestment.
  • Footnotes: RSUs were granted as board compensation and vest in full on the first anniversary of grant; each RSU equals one ordinary share; shares adjusted for reinvested dividends. Power of attorney attached as Exhibit 24.
  • Shares owned after transaction: not specified in the filing.

Context

  • This was not a market purchase or open-market sale; it reflects RSU vesting and a routine sell/withhold to cover taxes (commonly called "sell-to-cover" or withholding). Such tax-withholding dispositions are routine and do not necessarily indicate a view on the company's stock.

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