Eaton (NYSE: ETN) director receives stock awards and withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Eaton Corp plc director and officer Paulo Ruiz Sternadt reported multiple equity compensation transactions. On February 25, 2026, he received grants of 24,450 stock options, 8,345 restricted stock units, and 7,225 ordinary shares tied to awards. On February 26, 2026, 1,534 restricted stock units were converted into ordinary shares, and ordinary shares were disposed of to satisfy tax withholding obligations related to recently vested performance share awards.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,534 shares exercised/converted
Mixed
7 txns
Insider
RUIZ STERNADT PAULO
Role
See Remarks below.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,534 | $0.00 | -- |
| Tax Withholding | Ordinary Shares | 3,187 | $372.96 | $1.19M |
| Exercise | Ordinary Shares | 1,534 | $0.00 | -- |
| Tax Withholding | Ordinary Shares | 677 | $367.49 | $249K |
| Grant/Award | Stock Option | 24,450 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 8,345 | $0.00 | -- |
| Grant/Award | Ordinary Shares | 7,225 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 3,116 shares (Direct);
Ordinary Shares — 32,265 shares (Direct);
Stock Option — 24,450 shares (Direct)
Footnotes (1)
- These shares were acquired upon the vesting of performance share awards. Represents shares withheld to cover taxes incurred in connection with the settlement of the performance share awards that vested February 25, 2026. These stock options become exercisable as follows: 33% on the first and second anniversary of the grant date and the remaining 34% on the third anniversary of the grant date. These restricted stock units were granted on February 25, 2026 and vest as follows: 33% on the first and second anniversary of the grant date and the remaining 34% on the third anniversary of the grant date. Each restricted stock unit represents a contingent right to receive one ordinary share of the Issuer. These restricted stock units were granted on February 26, 2025 and vest as follows: 33% on the first and second anniversary of the grant date and the remaining 34% on the third anniversary of the grant date. Each restricted stock unit represents a contingent right to receive one ordinary share of the Issuer. This field is not applicable.
FAQ
What insider transactions did Eaton (ETN) report for Paulo Ruiz Sternadt?
Paulo Ruiz Sternadt reported equity compensation activity, including new grants of stock options, restricted stock units, and ordinary shares, plus vesting-related share conversions and tax-withholding dispositions. These transactions reflect compensation and tax settlement mechanics rather than open-market purchases or sales.
How many stock options did Paulo Ruiz Sternadt receive at Eaton (ETN)?
He received a grant of 24,450 stock options, which become exercisable in staged installments over three years. The options vest 33% on the first and second anniversaries of the grant date and 34% on the third anniversary, according to the footnote disclosure.
What restricted stock unit activity did Eaton (ETN) disclose for Paulo Ruiz Sternadt?
He was granted 8,345 restricted stock units on February 25, 2026 and had 1,534 restricted stock units convert into ordinary shares on February 26, 2026. The grants vest 33%, 33%, and 34% over three years, each unit representing a contingent right to one ordinary share.
How do the new Eaton (ETN) stock options for Paulo Ruiz Sternadt vest?
The stock options vest in three tranches: 33% on the first anniversary of the grant date, another 33% on the second anniversary, and the remaining 34% on the third anniversary. They become exercisable according to this schedule, as described in the footnote detail.
What do Eaton (ETN) restricted stock units represent for Paulo Ruiz Sternadt?
Each restricted stock unit represents a contingent right to receive one ordinary share of Eaton upon vesting. The awards vest 33%, 33%, and 34% over three years from the grant dates, aligning long-term equity compensation with continued service and performance conditions.