Eaton (ETN) director gets stock units and exercises awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Eaton Corp plc director Robert V. Pragada reported routine equity compensation activity. On May 6, 2026, he exercised 621 restricted stock units into ordinary shares, with 150 shares disposed to cover tax obligations. He also received a new grant of 470 restricted stock units that will vest on the first anniversary of the grant. Following these transactions, he directly holds 1,688 ordinary shares and 470 restricted stock units, all tied to his service on the Board of Directors.
Positive
- None.
Negative
- None.
Insider Trade Summary
621 shares exercised/converted
Mixed
4 txns
Insider
PRAGADA ROBERT V
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 621 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 470 | $0.00 | -- |
| Exercise | Ordinary Shares | 621 | $0.00 | -- |
| Tax Withholding | Ordinary Shares | 150 | $416.50 | $62K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Ordinary Shares — 1,838 shares (Direct, null)
Footnotes (1)
- The restricted stock units were granted to the reporting person as compensation for the reporting person's service as a member of the Issuer's Board of Directors and vested in their entirety on the first anniversary of the date of grant. Each restricted stock unit represents a contingent right to receive one ordinary share of the Issuer. This field is not applicable. Amount includes restricted stock units acquired pursuant to a dividend equivalent reinvestment feature. The restricted stock units were granted to the reporting person as compensation for the reporting person's service as a member of the Issuer's Board of Directors. These restricted stock units will vest in their entirety on the first anniversary of the grant date. Each restricted stock unit represents a contingent right to receive one ordinary share of the Issuer. Shares have been adjusted to account for reinvested dividends.
Key Figures
RSUs exercised: 621 units
Shares withheld for taxes: 150 shares
New RSU grant: 470 units
+1 more
4 metrics
RSUs exercised
621 units
Restricted stock units converted into ordinary shares on May 6, 2026
Shares withheld for taxes
150 shares
Tax-withholding disposition tied to equity award activity
New RSU grant
470 units
Board compensation award vesting on first anniversary of grant date
Shares held after transaction
1,688 shares
Ordinary shares directly owned after reported Form 4 transactions
Key Terms
restricted stock units, dividend equivalent reinvestment feature, tax-withholding disposition, derivative exercise/conversion
4 terms
restricted stock units financial
"The restricted stock units were granted to the reporting person as compensation"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
dividend equivalent reinvestment feature financial
"Amount includes restricted stock units acquired pursuant to a dividend equivalent reinvestment feature."
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
FAQ
What did Eaton (ETN) director Robert Pragada report in this Form 4?
Director Robert V. Pragada reported routine equity compensation activity. He exercised 621 restricted stock units into ordinary shares, had 150 shares withheld to cover taxes, and received 470 new restricted stock units tied to his service on Eaton’s Board of Directors.
What new equity award did Robert Pragada receive from Eaton (ETN)?
He received a grant of 470 restricted stock units as compensation for serving on Eaton’s Board. According to the disclosure, these restricted stock units vest in full on the first anniversary of the grant date and each unit converts into one ordinary Eaton share when delivered.