Eaton (ETN) director Gregory Page exercises RSUs and withholds shares for taxes
Rhea-AI Filing Summary
Eaton Corp plc director Gregory R. Page reported routine equity compensation transactions. On May 6, 2026, he exercised 621 ordinary shares from restricted stock units and received them as common stock. As part of this event, 150 shares were disposed of to cover tax obligations at $416.50 per share, a non-market tax-withholding disposition rather than an open‑market sale.
Page also received a new grant of 470 restricted stock units as compensation for his Board service, each representing a contingent right to one ordinary share and scheduled to vest on the first anniversary of the grant date. Following the transactions, he directly owned 44,090 ordinary shares, with no unexercised restricted stock units remaining from the 621‑unit grant that was converted into shares.
Positive
- None.
Negative
- None.
Insights
Routine director equity compensation with option exercise and tax withholding, no open‑market trading.
The filing shows Gregory R. Page, a director of Eaton Corp plc, exercising 621 restricted stock units into ordinary shares and receiving a new grant of 470 restricted stock units for Board service. These are standard elements of an equity compensation program.
A tax‑withholding disposition of 150 shares at $416.50 per share covered related obligations, rather than an open‑market sale. After these actions, Page directly holds 44,090 ordinary shares, and the exercised RSUs are fully converted with no remaining balance from that grant.
Because the transactions are compensation‑related and do not involve discretionary buying or selling in the market, they carry limited signaling value for investors and appear administratively routine based on the disclosed details.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 621 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 470 | $0.00 | -- |
| Exercise | Ordinary Shares | 621 | $0.00 | -- |
| Tax Withholding | Ordinary Shares | 150 | $416.50 | $62K |
Footnotes (1)
- 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. This field is not applicable. Amount includes restricted stock units acquired pursuant to a dividend equivalent reinvestment feature. 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. Shares have been adjusted to account for reinvested dividends.