secwatch.observer — SEC 8-K summary
======================================

Issuer:     Eaton Corp plc (ETN)
CIK:        0001551182
Form:       8-K
Filed at:   2024-03-01T23:59:59+00:00
Accession:  0001140361-24-010702
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Eaton sets 2024 executive incentive criteria, approves 2024-2026 PSU grants
---------------------------------------------------------------------------

- 2024 incentive awards based on Adjusted EPS and Adjusted Operating Cash Flow performance.
- NEO target incentive opportunities range from 100% to 170% of base salary.
- 2024-2026 PSU target grants from 4,190 to 24,930 units; payout 0-200% based on relative TSR vs 16 peers.
- Committee may consider additional factors including profit plan goals, peer performance, growth strategy progress.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1551182/000114036124010702/0001140361-24-010702-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1551182/000114036124010702/ef20022876_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-24-010702

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer