Eaton executive sells 3,494 shares in open market
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.
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
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)
- F1. These ordinary shares are held in the Eaton Savings Plan.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.