Eaton (ETN) officer Yelton sells 3,494 shares, updates holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Eaton Corp plc officer Michael Yelton reported an open-market sale of 3,494 ordinary shares at an average price of $374.145 per share. After this transaction, he directly owned 2,096 ordinary shares.
In addition, 3,049 ordinary shares are held indirectly for his benefit by a trustee in the Eaton Savings Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,494 shares ($1,307,263)
Net Sell
2 txns
Insider
Yelton Michael
Role
See Remarks below.
Sold
3,494 shs ($1.31M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 3,494 | $374.145 | $1.31M |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 2,096 shares (Direct);
Ordinary Shares — 3,049 shares (Indirect, by trustee of ESP)
Footnotes (1)
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FAQ
What insider transaction did Eaton (ETN) report for Michael Yelton?
Eaton reported that officer Michael Yelton sold 3,494 ordinary shares in an open-market transaction at an average price of $374.145 per share. The filing also updated his direct and indirect shareholdings after the sale.
What indirect Eaton (ETN) holdings are reported for Michael Yelton?
The Form 4 shows 3,049 Eaton ordinary shares held indirectly for Michael Yelton by a trustee of the Eaton Savings Plan. A footnote explains that these shares are held within the Eaton Savings Plan for his benefit.
What type of transaction is reported in Michael Yelton’s Form 4 for Eaton (ETN)?
The Form 4 reports a non-derivative transaction classified as an open-market sale of ordinary shares. The transaction code is “S,” indicating a sale in an open market or private transaction under SEC reporting rules.
Does the Form 4 for Eaton (ETN) show any purchases by Michael Yelton?
The Form 4 does not show any purchases by Michael Yelton; it reports one open-market sale of 3,494 ordinary shares and one entry updating indirect holdings in the Eaton Savings Plan without a specified transaction amount.