Eaton (NYSE: ETN) executive granted stock awards, shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Eaton Corp plc executive Peter Denk reported multiple equity compensation transactions. On February 25, 2026, he was granted 4,100 stock options, 1,395 restricted stock units, and 3,402 ordinary shares as awards. The options and restricted stock units vest 33% on the first and second anniversaries of the grant date and 34% on the third.
On February 26, 2026, 346 restricted stock units vested into ordinary shares, and Eaton withheld 1,168 shares at $372.96 and 153 shares at $367.49 to cover taxes related to these performance share awards. Following these transactions, Denk directly owned 8,945 ordinary shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
346 shares exercised/converted
Mixed
7 txns
Insider
Denk Peter
Role
See Remarks below.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 346 | $0.00 | -- |
| Tax Withholding | Ordinary Shares | 1,168 | $372.96 | $436K |
| Exercise | Ordinary Shares | 346 | $0.00 | -- |
| Tax Withholding | Ordinary Shares | 153 | $367.49 | $56K |
| Grant/Award | Stock Option | 4,100 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 1,395 | $0.00 | -- |
| Grant/Award | Ordinary Shares | 3,402 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 704 shares (Direct);
Ordinary Shares — 8,752 shares (Direct);
Stock Option — 4,100 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) executive Peter Denk report?
Peter Denk reported equity compensation activity including grants of stock options, restricted stock units, and ordinary shares, plus share withholding for taxes. These transactions reflect routine awards and the vesting of performance share units, rather than open-market purchases or sales.
How many stock options were granted to Peter Denk at Eaton (ETN)?
Peter Denk received a grant of 4,100 stock options. These options become exercisable 33% on the first and second anniversaries of the grant date and 34% on the third, aligning his compensation with longer-term company performance and retention incentives.
What restricted stock unit (RSU) awards did Peter Denk receive at Eaton (ETN)?
Peter Denk was granted 1,395 restricted stock units on February 25, 2026. These RSUs vest 33% on the first and second anniversaries of the grant date and 34% on the third, with each RSU representing a contingent right to receive one ordinary share of Eaton.
How do Peter Denk’s new stock options at Eaton (ETN) vest over time?
The 4,100 stock options granted to Peter Denk vest in three tranches: 33% on the first anniversary of the grant date, 33% on the second, and the remaining 34% on the third. This multi-year schedule is designed to encourage longer-term alignment with Eaton’s performance.