ETN Form 4: 967 RSUs vested; 296 shares sold at $376.19
Rhea-AI Filing Summary
Adam A. Wadecki, Senior Vice President and Controller of Eaton Corporation (a subsidiary of Eaton Corp plc), reported changes in his beneficial ownership on a Form 4 filed for Eaton Corp plc (ETN). On 10/02/2025 967 restricted stock units vested and were treated as acquired at $0, increasing his reported beneficial ownership to 1,722 ordinary shares. On the same date he disposed of 296 ordinary shares at $376.19, leaving 1,426 shares reported as beneficially owned after the transactions. The filing notes the RSUs were granted on 10/02/2023 and vest in three tranches (33%, 33%, 34%) over three years; each RSU converts to one ordinary share.
Positive
- 967 RSUs vested, converting to shares at $0, increasing ownership
- Filing clarifies RSU grant terms: 10/02/2023 grant with 33%/33%/34% vesting
Negative
- Reported disposition of 296 shares at $376.19 reduced beneficial ownership to 1,426 shares
Insights
Insider vesting plus a partial sale modestly changed reported ownership.
The Form 4 shows vesting of 967 restricted stock units that became shares at no cash exercise cost, increasing the reporting person's holdings to 1,722 shares before a contemporaneous sale. The subsequent sale of 296 shares at $376.19 reduced the post-transaction beneficial ownership to 1,426 shares.
This filing confirms standard equity compensation vesting (grant date 10/02/2023, vesting over three years) and a routine sale; it does not disclose any new grants, changes to vesting schedule, or other non-routine corporate actions that would materially alter governance.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 967 | $0.00 | -- |
| Exercise | Ordinary Shares | 967 | $0.00 | -- |
| Tax Withholding | Ordinary Shares | 296 | $376.19 | $111K |
Footnotes (1)
- These restricted stock units were granted on October 2, 2023 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.
