PAGE GREGORY R 4
4 · Eaton Corp plc · Filed May 8, 2026
Research Summary
AI-generated summary of this filing
Eaton (ETN) Director Gregory R. Page Receives RSUs, 150 Shares Withheld
What Happened
Gregory R. Page, a Director of Eaton Corp plc (ETN), had restricted stock units (RSUs) vest on May 6, 2026. The filing shows 621 derivative units converted to shares (code M). To cover tax withholding (code F), 150 shares were surrendered at $416.50 per share (total value $62,475). The report also records 470 shares acquired as the resulting award (code A).
Key Details
- Transaction date: May 6, 2026; Form 4 filed May 8, 2026 (timely filing).
- Vesting/conversion: 621 RSUs converted into ordinary shares (derivative exercise/conversion, code M).
- Tax withholding: 150 shares withheld at $416.50/share for taxes (disposed; total $62,475).
- Award issued: 470 shares reported as acquired (code A).
- Footnotes: RSUs were granted as board compensation and vested in full after one year; units represent contingent rights to one ordinary share; totals reflect dividend-equivalent reinvestment adjustments.
- Filing notes: Power of Attorney attached as Exhibit 24. The filing does not state total shares owned by Page after the transaction.
Context
This was an RSU vesting event, not an open-market sale or purchase. Withholding shares to cover taxes is a routine administrative step and does not necessarily indicate a decision to sell stock for investment reasons. The derivative/vesting entries simply reflect conversion of RSUs into shares and withholding of a portion to satisfy tax obligations.
Insider Transaction Report
- Exercise/Conversion
Ordinary Shares
[F5]2026-05-06+621→ 44,240 total - Tax Payment
Ordinary Shares
2026-05-06$416.50/sh−150$62,475→ 44,090 total - Exercise/Conversion
Restricted Stock Units
[F3][F1][F2]2026-05-06−621→ 0 totalExercise: $0.00→ Ordinary Shares (621 underlying) - Award
Restricted Stock Units
[F4][F2]2026-05-06+470→ 470 totalExercise: $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.