Eaton director exercises 621 shares, gets RSUs
Eaton Corp plc director Sandra Pianalto reported routine equity compensation activity involving restricted stock units and ordinary shares.
Rhea-AI Filing Summary
Eaton Corp plc director Sandra Pianalto reported routine equity compensation activity involving restricted stock units and ordinary shares. On May 6, 2026, 621 restricted stock units were exercised into 621 ordinary shares and 150 ordinary shares were withheld at $416.50 per share to cover tax obligations.
She also received a grant of 470 restricted stock units as compensation for her Board service, each representing a right to receive one ordinary share. After these transactions, she directly holds 2,638 ordinary shares and 470 restricted stock units, reflecting a compensation-related exercise-and-hold pattern rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
621 shares exercised/converted
Exercise
4 txns
Insider
Pianalto Sandra
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 621 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 470 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 621 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Ordinary Shares | 150 | $416.50 | $62K |
Holdings After Transaction:
Restricted Stock Units — 470 contracts (Direct);
Ordinary Shares — 2,488 shares (Direct)
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. These restricted stock units vested in their entirety on May 6, 2026. 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.
Key Figures
Tax-withheld shares: 150 shares at $416.50
RSUs exercised: 621 shares
New RSU grant: 470 units
+2 more
5 metrics
Tax-withheld shares
150 shares at $416.50
Shares delivered to cover tax liability on May 6, 2026
RSUs exercised
621 shares
Restricted stock units converted into ordinary shares on May 6, 2026
New RSU grant
470 units
Board compensation grant representing future rights to ordinary shares
Ordinary shares held
2,638 shares
Direct holdings following transactions on May 6, 2026
RSUs outstanding
470 units
Restricted stock units held after grant on May 6, 2026
Key Terms
Restricted Stock Units, tax-withholding disposition, derivative security, dividend equivalent reinvestment feature, +1 more
5 terms
Restricted Stock Units financial
"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."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
dividend equivalent reinvestment feature financial
"Amount includes restricted stock units acquired pursuant to a dividend equivalent reinvestment feature."
reinvested dividends financial
"Shares have been adjusted to account for reinvested dividends."
Reinvested dividends are payouts a shareholder receives from a company that are automatically used to buy additional shares instead of being taken as cash. For investors this acts like planting dividends back into the portfolio so each future payout can come from a slightly larger holding, helping returns compound over time and showing the difference between income you spend today and total growth of your investment.
FAQ
What did Eaton (ETN) director Sandra Pianalto report in this Form 4?
She reported routine equity compensation activity. 621 restricted stock units converted into ordinary shares, 150 shares were withheld for taxes at $416.50, and she received a new grant of 470 restricted stock units for Board service.
What restricted stock unit grant did Sandra Pianalto receive from Eaton (ETN)?
She received a grant of 470 restricted stock units as compensation for her service on Eaton’s Board. Each unit represents a contingent right to receive one ordinary share, with the award scheduled to vest in full on the first anniversary of the grant date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
