ETN filed a Form 144 notice regarding proposed sales of Common Stock tied to restricted stock vesting. The filing lists multiple vesting events and quantities including 9,234, 849, 770, 865, 5,739, 414, and 496 shares with vesting dates between 02/22/2023 and 02/28/2026. The record shows the broker as Fidelity Brokerage Services LLC on 05/06/2026.
Yelton Michael reported acquisition or exercise transactions in this Form 4 filing.
Eaton Corp plc reported that officer Michael Yelton received a grant of 1,285 Restricted Stock Units on May 1, 2026. These units were awarded at a price of $0.00 per unit as part of compensation.
The RSUs vest in full on the third anniversary of the grant date, and each unit represents a contingent right to receive one ordinary share of Eaton. Following this grant, Yelton holds 1,285 Restricted Stock Units directly, with no related open-market purchases or sales reported in this filing.
Eaton Corporation plc reported first-quarter 2026 net sales of $7.45 billion, up 17% from 2025, driven by strong Electrical and Aerospace demand and recent acquisitions. Net income attributable to ordinary shareholders fell to $866 million and diluted EPS to $2.22, mainly from higher interest, amortization, restructuring, and deal costs.
Adjusted earnings, which exclude acquisition, restructuring and amortization items, rose to $1.09 billion, with adjusted EPS of $2.81, modestly above 2025. Gross margin declined to 35.6% from 38.4% as commodity and wage inflation more than offset pricing and efficiency gains.
Eaton closed major deals, acquiring Ultra PCS for about $1.53 billion and Boyd Thermal for about $9.55 billion, sharply increasing goodwill and intangibles. It financed this largely through new $8.5 billion U.S. notes, €1.2 billion Euro notes, and higher commercial paper, substantially raising long‑term debt.
The company plans to spin off its Mobility segment as a separate public company by the end of the first quarter of 2027, subject to approvals, and continues a multi‑year restructuring program with total expected charges of $475 million. Backlog reached about $22.8 billion, with roughly two‑thirds targeted for delivery within 12 months.
Eaton Corporation plc reported record first quarter 2026 results and raised its full-year outlook. Sales reached $7.5 billion, up 17% from a year earlier, with 10% organic growth, 4% from acquisitions and 3% from foreign exchange. GAAP diluted earnings per share were $2.22, while adjusted earnings per share, excluding acquisition, restructuring and amortization charges, were a record $2.81.
Segment margins were 22.7%, and operating cash flow rose to $507 million, with free cash flow of $314 million, up 113% and 245% from the prior year period. Electrical Americas, Electrical Global and Aerospace all delivered record sales and strong backlog growth, driven in part by data center and aerospace demand, while Mobility declined modestly.
Eaton closed $11 billion of acquisitions in the quarter, including Boyd Thermal and Ultra PCS Limited, and now expects 2026 organic growth of 9–11%, GAAP EPS of $10.88–$11.33, and adjusted EPS of $13.05–$13.50, representing about 10% adjusted EPS growth at the midpoint over 2025.
Eaton Corp PLC Schedule 13G: Vanguard Capital Management reports beneficial ownership of 29,042,849 shares of Common Stock, representing 7.48% of the class as of the filing. The filing lists 3,796,733 shares as sole voting power and 29,042,849 shares as sole dispositive power. The disclosure states these holdings include securities held for Vanguard funds and managed accounts.
ETN reported proposed sales of Ordinary Shares under Form 144 related to employee equity compensation. The excerpt lists sale notices on 02/26/2026, 02/28/2026, and 03/01/2026 for 239,603, 305,234, and 521,457 shares respectively. The filing identifies Charles Schwab & Co. as broker and shows an aggregate figure 387,900,000 in the securities line of the excerpt.
Eaton Corporation plc reported the results of its Annual General Meeting of Shareholders held on April 22, 2026, where all proposals were approved. Shareholders elected eleven directors, each receiving over 286 million votes in favor with relatively low levels of opposition.
They approved the appointment of Ernst & Young LLP as independent auditor for 2026, supported the company’s executive compensation on an advisory basis, and granted the Board authority under Irish law to issue shares and opt out of pre-emption rights. Shareholders also authorized Eaton and its subsidiaries to make overseas market purchases of Eaton shares.
ETN submitted a Rule 144 notice reporting planned sales of common stock through Fidelity Brokerage Services LLC. The notice lists 10,617, 3,647, and 2,854 shares tied to options granted on 03/01/2024, 02/28/2024, and 02/26/2025, respectively, with an entry date of 04/21/2026. The filing names NYSE and shows 387,900,000 alongside the 04/21/2026 date.
Eaton Corp plc reported that officer David B. Foster received new equity awards as part of his compensation. On April 1, 2026, he was granted 2,415 Restricted Stock Units, each representing a contingent right to receive one ordinary share of Eaton.
On the same date, Foster also received 7,100 stock options with an exercise price of $365.56 per share, expiring in 2036. Both the RSUs and options vest in three annual installments of 33%, 33%, and 34% starting on the first anniversary of the grant date.