Eaton (NYSE: ETN) officer sells 2,000 shares, retains 7,102
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Eaton Corp plc officer Peter Denk reported an open-market sale of company shares. On this transaction date, he sold 2,000 Ordinary Shares of Eaton at an average price of $417.94 per share. After the sale, he continues to hold 7,102 Ordinary Shares directly, indicating he retained a substantial remaining stake.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,000 shares ($835,880)
Net Sell
1 txn
Insider
Denk Peter
Role
See Remarks below.
Sold
2,000 shs ($836K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 2,000 | $417.94 | $836K |
Holdings After Transaction:
Ordinary Shares — 7,102 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 2,000 shares
Sale price per share: $417.94 per share
Shares held after sale: 7,102 shares
3 metrics
Shares sold
2,000 shares
Ordinary Shares sold in open-market transaction
Sale price per share
$417.94 per share
Average price for the 2,000 shares sold
Shares held after sale
7,102 shares
Direct Ordinary Share holdings post-transaction
Key Terms
open-market sale, Ordinary Shares, non-derivative, Form 4
4 terms
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
non-derivative financial
"transaction_type": "non-derivative""
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Eaton (ETN) disclose for Peter Denk?
Eaton reported that officer Peter Denk completed an open-market sale of 2,000 Ordinary Shares. The transaction involved non-derivative shares and reflects a direct sale into the market, as disclosed in a Form 4 insider trading report filed with regulators.
Was the Eaton (ETN) insider transaction in derivatives or common equity?
The reported transaction involved non-derivative Eaton Ordinary Shares, not options or other derivatives. The Form 4 classifies the sale as a non-derivative open-market transaction, meaning it relates directly to the company’s regular equity rather than any derivative security or convertible instrument.
Does the Eaton (ETN) Form 4 indicate a buy or sell transaction by Peter Denk?
The Form 4 clearly identifies the transaction direction as a sale by Peter Denk. It is labeled as an open-market sale of non-derivative Ordinary Shares, with 2,000 shares sold and the transaction code noted as a sale rather than a purchase or option exercise.