STOCK TITAN

ETN Form 4: CFO option grants and large share sales disclosed

Filing Impact
(Very High)
Filing Sentiment
(Very Negative)
Form Type
4

Rhea-AI Filing Summary

Leonetti Olivier, identified as Executive Vice President and Chief Financial Officer of Eaton Corporation (a subsidiary of Eaton Corp plc), reported multiple transactions in Eaton Corp plc (ETN) securities with transaction date 08/07/2025. The Form 4 lists non-derivative ordinary share transactions showing sales of 2,436, 3,646 and 9,936 shares at prices of $358.188, $358.497 and $358.40 respectively, and reported acquisitions of 3,646 and 9,936 ordinary shares at $286.96 and $293.70. Post-transaction direct beneficial ownership of ordinary shares is reported as 630 shares.

The filing also records two derivative security entries: stock options covering 3,646 shares at an exercise price of $286.96 and 9,936 shares at $293.70, each reported with exercisability dates of 02/28/2025 and 03/01/2025 and expirations in 2034. Post-transaction beneficial ownership of the reported derivative securities is listed as 7,404 and 21,205. The filing states the options vest 33% on the first and second anniversaries and 34% on the third anniversary of the grant.

Positive

  • Stock options granted covering a total of 13,582 underlying shares (3,646 at $286.96 and 9,936 at $293.70).
  • Vesting schedule disclosed: 33% on the first and second anniversaries and 34% on the third anniversary of the grant.

Negative

  • Ordinary-share sales reported totaling 16,018 shares (2,436; 3,646; 9,936) at prices around $358 per share.
  • Direct beneficial ownership of ordinary shares reported at 630 shares following the transactions.

Insights

TL;DR: Insider option grants totaling 13,582 underlying shares reported, alongside offsetting ordinary share sales totaling 16,018 shares on 08/07/2025.

The filing documents two stock-option entries covering a combined 13,582 underlying ordinary shares (3,646 at $286.96 and 9,936 at $293.70) with exercisability and 2034 expirations. The same date shows ordinary-share sales of 2,436, 3,646 and 9,936 at prices near $358, and acquisitions recorded at lower per-share prices of $286.96 and $293.70. Post-transaction direct ordinary-share ownership is reported as 630. These are factual reporting items; they document compensation-related option activity and share movements rather than new business or financial results.

TL;DR: Form 4 discloses CFO-level option grants with a clear vesting schedule and Power of Attorney filed as Exhibit 24; transactions reported via attorney-in-fact.

The report names Leonetti Olivier as Executive Vice President and CFO of an issuer subsidiary and attaches a Power of Attorney (Exhibit 24). Signature on the form is by an attorney-in-fact, consistent with delegated filing authority. The filing provides explicit vesting terms (33%/33%/34%) for the disclosed option grants, which is relevant for understanding the timing of potential future exercises.

Insider LEONETTI OLIVIER
Role See Remarks below.
Sold 16,018 shs ($5.74M)
Type Security Shares Price Value
Exercise Stock Option 3,646 $0.00 --
Exercise Stock Option 9,936 $0.00 --
Sale Ordinary Shares 2,436 $358.188 $873K
Exercise Ordinary Shares 3,646 $286.96 $1.05M
Sale Ordinary Shares 3,646 $358.497 $1.31M
Exercise Ordinary Shares 9,936 $293.70 $2.92M
Sale Ordinary Shares 9,936 $358.40 $3.56M
Holdings After Transaction: Stock Option — 7,404 shares (Direct); Ordinary Shares — 630 shares (Direct)
Footnotes (1)
  1. [object Object]
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
LEONETTI OLIVIER

(Last) (First) (Middle)
1000 EATON BOULEVARD

(Street)
CLEVELAND OH 44122

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Eaton Corp plc [ ETN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
See Remarks below.
3. Date of Earliest Transaction (Month/Day/Year)
08/07/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Ordinary Shares 08/07/2025 S 2,436 D $358.188 630 D
Ordinary Shares 08/07/2025 M 3,646 A $286.96 4,276 D
Ordinary Shares 08/07/2025 S 3,646 D $358.497 630 D
Ordinary Shares 08/07/2025 M 9,936 A $293.7 10,566 D
Ordinary Shares 08/07/2025 S 9,936 D $358.4 630 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option $286.96 08/07/2025 M 3,646 02/28/2025(1) 02/28/2034 Ordinary Shares 3,646 $0 7,404 D
Stock Option $293.7 08/07/2025 M 9,936 03/01/2025(1) 03/01/2034 Ordinary Shares 9,936 $0 21,205 D
Explanation of Responses:
1. These stock options become exercisable as follows: 33% on the first and second anniversary of the date of the grant and the remaining 34% on the third anniversary of the date of the grant.
Remarks:
Executive Vice President and Chief Financial Officer of Eaton Corporation, a subsidiary of the Issuer. Power of Attorney is attached hereto as Exhibit 24.
/s/ Heejin Jun, as Attorney-in-Fact 08/11/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

Who filed the Form 4 for ETN?

The Form 4 was filed for Leonetti Olivier, listed as Executive Vice President and Chief Financial Officer of Eaton Corporation (a subsidiary of the issuer).

What transactions were reported on 08/07/2025 in the ETN Form 4?

The filing reports non-derivative ordinary-share transactions (sales of 2,436, 3,646, 9,936 and acquisitions of 3,646, 9,936) and derivative option transactions for 3,646 and 9,936 underlying shares.

How many stock options were reported and at what exercise prices?

Two stock option entries were reported: 3,646 options at $286.96 and 9,936 options at $293.70.

What vesting schedule is disclosed for the options?

The filing states the options vest 33% on the first anniversary, 33% on the second anniversary, and 34% on the third anniversary of the grant.

What are the post-transaction beneficial ownership figures reported?

Post-transaction beneficial ownership is reported as 630 ordinary shares directly, and derivative beneficial ownership figures of 7,404 and 21,205 for the two option entries.