Eaton director reports RSU vesting and tax share withholding
Eaton Corp plc director Andre Schulten reported routine equity compensation activity involving restricted stock units and ordinary shares.
Rhea-AI Filing Summary
Eaton Corp plc director Andre Schulten 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 disposed of to cover tax obligations.
Schulten also received a new grant of 470 restricted stock units as compensation for Board service, which will vest on the first anniversary of the grant date. Following these transactions, he holds 666 ordinary shares directly and 470 restricted stock units representing contingent rights to receive ordinary shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| 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 |
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 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.
- 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
Key Terms
Restricted Stock Units financial
tax-withholding disposition financial
derivative exercise/conversion financial
dividend equivalent reinvestment feature financial
reinvested dividends financial
FAQ
What insider transactions did Eaton (ETN) director Andre Schulten report?
What is the nature of the 470 restricted stock units granted to Eaton (ETN) director Andre Schulten?
Were Andre Schulten’s Eaton (ETN) transactions open-market buys or sells?
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