Form 4: Eaton Corp PLC: Officer Denk Peter Reports Stock Transactions
SEC Form 4 Filing
Officer Peter Denk reports the vesting and disposal of restricted stock units resulting in changes to beneficial ownership of Eaton Corp PLC ordinary shares.
Summary
- On February 24, 2025, Peter Denk, an officer of Eaton Corp PLC, reported transactions involving ordinary shares and restricted stock units.
- These transactions included the vesting of restricted stock units and the subsequent disposal of shares to cover tax obligations.
- The reported transactions resulted in changes to the number of ordinary shares beneficially owned by Mr. Denk.
- The price per share for disposal of shares was $302.21.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to stock transactions by an officer. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency regarding the transactions of company insiders.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they primarily reflect internal compensation mechanisms.
Key Dates
| Date | Description |
|---|---|
| 02/23/2021 | Date of grant for some of the restricted stock units that vested on 02/24/2025 |
| 02/22/2022 | Date of grant for some of the restricted stock units that vested on 02/24/2025 |
| 02/22/2023 | Date of grant for some of the restricted stock units that vested on 02/24/2025 |
| 02/24/2025 | Date of transactions: vesting of restricted stock units and disposal of shares |
| 02/25/2025 | Date of report filing |
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