ETN Form 4: Gerald Johnson awarded 350 restricted stock units
Rhea-AI Filing Summary
Eaton Corp plc (ETN) director Gerald Johnson was granted 350 restricted stock units as board compensation on 08/07/2025. Each unit represents a contingent right to one ordinary share and the units were issued at a $0.00 price. The RSUs will vest in full on May 6, 2026, and following the grant the reporting person beneficially owns 350 ordinary shares directly. The Form 4 was submitted by one reporting person and signed by an attorney-in-fact on 08/08/2025. The disclosure states these RSUs were awarded specifically for service on the issuer's board.
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Insights
TL;DR: A routine director compensation grant of 350 RSUs, modest in size and not likely material to financial results.
The Form 4 records a non-cash grant of 350 restricted stock units to a director, priced at $0.00 and vesting in full on May 6, 2026. For a large-cap industrial company, this size of equity award is typically immaterial to overall share count and earnings per share. The grant aligns director incentives with long-term share performance and follows standard governance practice of compensating board members with equity. There is no exercise price or derivative exposure reported; the position is a straightforward RSU award.
TL;DR: Standard board compensation practice: time-based RSUs with single vesting date, reinforcing retention and alignment.
The disclosure specifies the RSUs were granted for board service and will vest on a single future date, May 6, 2026. That structure is consistent with retention-focused compensation for non-employee directors. The filing shows direct beneficial ownership of 350 shares post-grant and contains the required Form 4 attestations. No additional governance concerns, amendments, or complex arrangements are disclosed in this filing.