Accepted (ET)
8:31 PM
Sep 3, 2026
Filed
Sep 3, 2026
Documents
1
Size
6.0 KB
Summary
Eaton (ETN) President Shawn M. Black Receives RSU Award
What Happened
Shawn M. Black, President — Aerospace Group of Eaton Corporation (a subsidiary of the issuer), received a grant of 4,605 restricted stock units (RSUs) on September 1, 2026. The reported acquisition price is $0.00 (derivative award); these RSUs represent contingent rights to receive one ordinary Eaton share per unit upon vesting.
Key Details
- Transaction type: Award/Grant (Form 4 code A), reported 2026-09-01; filing accession 0001104659-26-105152 filed 2026-09-03.
- Number of RSUs: 4,605; reported price: $0.00 (grant). Total cash value not stated in the filing.
- Vesting: 33% on the first anniversary, 33% on the second anniversary, and 34% on the third anniversary of the grant (per footnote).
- Each RSU equals a contingent right to one ordinary share upon vesting.
- Shares owned after the transaction: not reported in this filing.
- Filing timeliness: Filed two days after the grant date (appears timely under Form 4 rules).
Context
RSU grants are a form of compensation — they do not create immediate share ownership until the units vest and are settled. This award is different from an open-market purchase or sale and should be viewed as part of executive compensation rather than a direct bullish or bearish trading signal.