Wilson of Eaton (NYSE: ETN) exercises RSUs and receives new board grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Eaton Corp plc director Darryl L. Wilson reported routine equity compensation activity. On May 6, 2026, he exercised 621 Ordinary Shares underlying previously granted restricted stock units and received an additional 470 Restricted Stock Units as compensation for board service.
To cover tax obligations, 150 Ordinary Shares were disposed of at $416.50 per share through a tax-withholding transaction, rather than an open-market sale. Following these transactions, Wilson directly holds 1,788 Ordinary Shares. The filing shows no remaining derivative awards from the exercised RSUs, while the new 470-unit grant will vest on the first anniversary of its grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
621 shares exercised/converted
Mixed
4 txns
Insider
Wilson Darryl L.
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 — 1,938 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
Tax-withheld shares: 150 shares at $416.50
Exercised RSU shares: 621 shares
New RSU grant: 470 units
+3 more
6 metrics
Tax-withheld shares
150 shares at $416.50
Ordinary Shares withheld for taxes on May 6, 2026
Exercised RSU shares
621 shares
Ordinary Shares from derivative exercise on May 6, 2026
New RSU grant
470 units
Restricted Stock Units granted for Board of Directors service
Shares owned after transactions
1,788 shares
Directly held Eaton Ordinary Shares following Form 4 transactions
Exercise transactions count
1 exercise, 621 shares
Derivative exercise activity summarized in transactionSummary
Tax-withholding transactions count
1 transaction, 150 shares
Tax-withholding disposition summarized in transactionSummary
Key Terms
Restricted Stock Units, dividend equivalent reinvestment feature, tax-withholding disposition, Board of Directors, +1 more
5 terms
Restricted Stock Units financial
"The restricted stock units were granted to the reporting person as compensation for the reporting person's service"
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
"Payment of exercise price or tax liability by delivering securities"
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.
Board of Directors financial
"as compensation for the reporting person's service as a member of the Issuer's Board of Directors"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
derivative exercise/conversion financial
"Exercise or conversion of derivative security"
FAQ
What did Eaton (ETN) director Darryl L. Wilson report in this Form 4?
Darryl L. Wilson reported routine equity compensation activity. He exercised restricted stock units into 621 Eaton ordinary shares and received a new grant of 470 restricted stock units for board service, with some shares withheld to cover taxes.
What restricted stock units did Wilson receive from Eaton (ETN)?
Wilson received a grant of 470 restricted stock units as compensation for serving on Eaton’s Board of Directors. Each restricted stock unit represents a contingent right to receive one ordinary share and will vest in full on the first anniversary of the grant date.
Are Wilson’s Eaton (ETN) transactions open-market buys or sells?
The transactions are primarily equity award exercises and grants, not open-market trades. One transaction is a tax-withholding disposition of 150 shares, while the others involve exercising 621 restricted stock units and receiving a new 470-unit restricted stock grant.
How were dividends handled on Wilson’s Eaton (ETN) restricted stock units?
The filing notes that amounts include restricted stock units from a dividend equivalent reinvestment feature. This means dividends on underlying shares were reinvested into additional units, and shares were adjusted to account for reinvested dividends over time.