Eaton Corp plc: Former senior vp and controller Adam Wadecki exercised 997 shares

What happened Adam Wadecki, former senior vice president and controller of Eaton Corporation (a subsidiary of the issuer), converted 997 restricted stock units into 997 ordinary shares on Oct 2, 2026, according to the filing. The filing shows 390 of those shares were surrendered to cover a tax liability at $442.83 per share for a total of $172,704. The filing also reports a derivative disposition entry for 997 shares at $0.00.

Key details

• Transaction dates and prices:
  • Oct 2, 2026: Exercise/conversion of 997 restricted stock units into 997 shares (derivative code M) at $0.00.
  • Oct 2, 2026: Payment of tax liability (code F) by surrendering 390 shares at $442.83 per share, total $172,704.
  • Oct 2, 2026: Derivative disposition listed for 997 shares at $0.00 (derivative code M).
• Shares owned after the transaction: not reported in the filing.
• Footnotes:
  • F1: The filing says the restricted stock units were granted on Oct 2, 2023 and vested 33% on each of the first and second anniversaries of the grant date and 34% on the third anniversary. Each restricted stock unit represents a contingent right to receive one ordinary share.
  • F2: This field is not applicable.
• Remarks: The filing lists Wadecki as a former senior vice president and controller of Eaton Corporation, a subsidiary of the issuer.
• Filing timeliness: the filing does not indicate it was late.

Why it may matter

• The filing shows conversion of restricted stock units with 390 shares surrendered to cover tax withholding, which is a cashless settlement for that portion of the award.
• The filing reports a conversion of derivative awards (restricted stock units), not a market purchase or a gift.
• A filing does not show why the insider traded or why the company acted.