Eaton (ETN) officer Michael Yelton awarded 1,285 Restricted Stock Units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Yelton Michael reported acquisition or exercise transactions in this Form 4 filing.
Eaton Corp plc reported that officer Michael Yelton received a grant of 1,285 Restricted Stock Units on May 1, 2026. These units were awarded at a price of $0.00 per unit as part of compensation.
The RSUs vest in full on the third anniversary of the grant date, and each unit represents a contingent right to receive one ordinary share of Eaton. Following this grant, Yelton holds 1,285 Restricted Stock Units directly, with no related open-market purchases or sales reported in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Yelton Michael
Role
See Remarks below.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,285 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 1,285 shares (Direct, null)
Footnotes (1)
- These restricted stock units were granted on May 1, 2026 and vest in full 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.
Key Figures
RSUs granted: 1,285 Restricted Stock Units
Grant price per unit: $0.00 per unit
Underlying ordinary shares: 1,285 shares
+2 more
5 metrics
RSUs granted
1,285 Restricted Stock Units
Grant on May 1, 2026
Grant price per unit
$0.00 per unit
Compensation award, not market purchase
Underlying ordinary shares
1,285 shares
Each RSU represents one ordinary share
Units after transaction
1,285 Restricted Stock Units
Total derivative holdings following grant
Vesting schedule
Third anniversary of May 1, 2026
RSUs vest in full after three years
Key Terms
Restricted Stock Units, ordinary share, Grant, award, or other acquisition
3 terms
Restricted Stock Units financial
"These restricted stock units were granted on May 1, 2026 and vest in full"
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.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What did Eaton (ETN) disclose about Michael Yelton in this Form 4?
Eaton disclosed that officer Michael Yelton received a grant of 1,285 Restricted Stock Units on May 1, 2026. This is a compensation-related award, not an open-market purchase or sale of Eaton ordinary shares.
How many Eaton (ETN) Restricted Stock Units were granted to Michael Yelton?
Michael Yelton was granted 1,285 Restricted Stock Units of Eaton. Each unit is tied to one ordinary share of the company, giving him a contingent right to receive 1,285 ordinary shares if vesting conditions are met.
When do Michael Yelton’s Eaton (ETN) Restricted Stock Units vest?
The 1,285 Eaton Restricted Stock Units granted to Michael Yelton vest in full on the third anniversary of the May 1, 2026 grant date. Vesting must occur before the RSUs convert into ordinary shares.
What will Michael Yelton receive from his Eaton (ETN) RSU grant if it vests?
If the grant vests, each of the 1,285 Restricted Stock Units entitles Michael Yelton to receive one ordinary share of Eaton. The filing describes these units as a contingent right to receive ordinary shares.
How many Eaton (ETN) Restricted Stock Units does Michael Yelton hold after this transaction?
After this transaction, Michael Yelton holds 1,285 Restricted Stock Units directly. The filing shows this amount as his total derivative holdings following the RSU grant, with no additional derivative positions listed.