Terrell Karenann K 4

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).