Eaton officer converts RSUs, withholds 366 shares
Eaton Corp plc officer Heath B. Monesmith reported equity compensation activity involving restricted stock units and ordinary shares.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,231 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 1,231 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Ordinary Shares | 366 | $374.26 | $137K |
| holding | Ordinary Shares | -- | -- | -- |
Footnotes (3)
- F1. This field is not applicable.
- F2. 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.
- F3. These ordinary shares are held in the Eaton Savings Plan.
FAQ
What insider transactions did Heath B. Monesmith report for Eaton (ETN)?
How were the reported restricted stock units for Eaton (ETN) originally structured?
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