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
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 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*
Denk Peter
(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)
02/28/2024
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 02/28/2024 A 2,824(1) A $0 7,525 D
Ordinary Shares 02/29/2024 F 1,179(2) D $285.16 6,346 D
Ordinary Shares 02/29/2024 S 832 D $288.98(3) 5,514 D
Ordinary Shares 02/29/2024 M 1,242 A $80.49 6,756 D
Ordinary Shares 02/29/2024 F 346 D $288.88 6,410 D
Ordinary Shares 02/29/2024 M 1,018 A $98.21 7,428 D
Ordinary Shares 02/29/2024 F 345 D $288.99 7,083 D
Ordinary Shares 02/29/2024 M 337 A $98.21 7,420 D
Ordinary Shares 02/29/2024 S 337 D $288.993 7,083 D
Ordinary Shares 02/29/2024 M 764 A $130.86 7,847 D
Ordinary Shares 02/29/2024 F 345 D $289 7,502 D
Ordinary Shares 02/29/2024 M 562 A $130.86 8,064 D
Ordinary Shares 02/29/2024 S 562 D $288.945 7,502 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 02/28/2024 A 2,700 02/28/2025(4) 02/28/2034 Ordinary Shares 2,700 $0 2,700 D
Restricted Stock Units $0.0 02/28/2024 A 850 02/28/2025(5) (6) Ordinary Shares 850 $0 850 D
Stock Option $80.49 02/29/2024 M 1,242 02/26/2020(7) 02/26/2029 Ordinary Shares 1,242 $0 0 D
Stock Option $98.21 02/29/2024 M 1,018 02/25/2021(8) 02/25/2030 Ordinary Shares 1,018 $0 337 D
Stock Option $98.21 02/29/2024 M 337 02/25/2021(8) 02/25/2030 Ordinary Shares 337 $0 0 D
Stock Option $130.86 02/29/2024 M 764 02/23/2022(9) 02/23/2031 Ordinary Shares 764 $0 3,136 D
Stock Option $130.86 02/29/2024 M 562 02/23/2022(9) 02/23/2031 Ordinary Shares 562 $0 2,574 D
Explanation of Responses:
1. These shares were acquired upon the vesting of performance share awards.
2. Represents shares withheld to cover taxes incurred in connection with the settlement of the performance share awards that vested February 28, 2024.
3. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $288.93 - $288.98. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
4. 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.
5. These restricted stock units were granted on February 28, 2024 and vest as follows: 33% on the first and second anniversary of the grant date and the remaining 34% on the third anniversary of the grant date. Each restricted stock unit represents a contingent right to receive one ordinary share of the Issuer.
6. This field is not applicable.
7. These stock options were granted on February 26, 2019 and were fully vested and exercisable.
8. These stock options were granted on February 25, 2020 and were fully vested and exercisable.
9. These stock options were granted on February 23, 2021 and became exercisable as follows: 33% on the first and second anniversary of the grant date and the remaining 34% on the third anniversary of the grant date.
Remarks:
President - Mobility Group of Eaton Corporation, a subsidiary of the Issuer.
/s/ Lizbeth L. Wright, as Attorney-in-Fact 03/01/2024
** 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.
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