Terrell Karenann K 4

4 · Eaton Corp plc · Filed May 8, 2026

AI-generated summary of this filing

Updated May 8, 2026

Eaton (ETN) Director Karenann K. Terrell Converts RSUs, Withholds 150 Shares

What Happened

Karenann K. Terrell, a Director of Eaton Corp plc (ETN), had restricted stock units (RSUs) convert into 621 ordinary shares on May 6, 2026. To satisfy tax withholding, 150 of those shares were surrendered (disposed) at $416.50 each, totaling $62,475. The filing also shows a grant of 470 RSUs on the same date.
These transactions reflect RSU vesting/conversion and tax withholding rather than an open-market sale of shares. Receiving the 470-share award is an acquisition (grant) as board compensation.

Key Details

Transaction date: 2026-05-06.
Conversions/vests: 621 RSUs converted into shares (reported as derivative exercise/conversion).
Tax withholding: 150 shares withheld/disposed at $416.50 per share = $62,475 (code F).
New award: 470 RSUs granted (code A).
Footnotes: RSUs were granted as board compensation and vest in full on the first anniversary; each RSU corresponds to one ordinary share. Amounts include dividend-equivalent reinvestment and share counts adjusted for reinvested dividends.
Shares owned after transaction: not specified in the provided filing details.

Context

This was a routine RSU vesting and tax-withholding event (common for executive/director compensation). The withheld shares to cover taxes should not be read as a market-directed sale. The filing notes the awards and conversions are derivative-related (RSUs converting to ordinary shares).

Form 4

Period: 2026-05-06

Director

Transactions

Exercise/Conversion
Ordinary Shares
[F5]
2026-05-06+621→ 1,435 total
Tax Payment
Ordinary Shares
2026-05-06$416.50/sh−150$62,475→ 1,285 total
Exercise/Conversion
Restricted Stock Units
[F3][F1][F2]
2026-05-06−621→ 0 total
Exercise: $0.00→ Ordinary Shares (621 underlying)
Award
Restricted Stock Units
[F4][F2]
2026-05-06+470→ 470 total
Exercise: $0.00→ Ordinary Shares (470 underlying)

Footnotes (5)

[F1]The restricted stock units were granted to the reporting person as compensation for the reporting person's service as a member of the Issuer's Board of Directors and vested in their entirety on the first anniversary of the date of grant. Each restricted stock unit represents a contingent right to receive one ordinary share of the Issuer.
[F2]This field is not applicable.
[F3]Amount includes restricted stock units acquired pursuant to a dividend equivalent reinvestment feature.
[F4]The restricted stock units were granted to the reporting person as compensation for the reporting person's service as a member of the Issuer's Board of Directors. These restricted stock units will vest in their entirety on the first anniversary of the grant date. Each restricted stock unit represents a contingent right to receive one ordinary share of the Issuer.
[F5]Shares have been adjusted to account for reinvested dividends.

Signature

/s/ Heejin Jun, as Attorney-in-Fact|2026-05-08

2 files