Eaton (ETN) officer exercises 1,231 RSUs and withholds 366 shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Eaton Corp plc officer Heath B. Monesmith reported equity compensation activity involving restricted stock units and ordinary shares. On February 23, 2026, he exercised 1,231 restricted stock units, each converting into one ordinary share at a stated price of $0.00 per share.
To satisfy tax obligations from this award, 366 ordinary shares were disposed of through a tax-withholding transaction at $374.26 per share. After these transactions, he directly holds 61,540 ordinary shares and indirectly holds 3,506 ordinary shares through the Eaton Savings Plan, where shares are held by the plan trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,231 shares exercised/converted
Mixed
4 txns
Insider
Monesmith Heath B.
Role
See Remarks below.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,231 | $0.00 | -- |
| Exercise | Ordinary Shares | 1,231 | $0.00 | -- |
| Tax Withholding | Ordinary Shares | 366 | $374.26 | $137K |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Ordinary Shares — 61,906 shares (Direct);
Ordinary Shares — 3,506 shares (Indirect, by trustee of ESP)
Footnotes (1)
- This field is not applicable. These restricted stock units were granted on February 22, 2023 and vested 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 ordinary shares are held in the Eaton Savings Plan.
FAQ
What insider transactions did Heath B. Monesmith report for Eaton (ETN)?
Heath B. Monesmith reported exercising 1,231 restricted stock units into ordinary shares and a related tax-withholding disposition of 366 ordinary shares at $374.26 per share. These transactions reflect equity compensation activity rather than an open-market purchase or sale.
How were the reported restricted stock units for Eaton (ETN) originally structured?
The restricted stock units were granted on February 22, 2023 and vested 33% on the first anniversary, 33% on the second, and 34% on the third. Each unit provided a contingent right to receive one ordinary share of Eaton Corp plc upon vesting and exercise.