AI English summary of an SEC filing — figures as filed

Eaton said Ernest Marshall, Executive Vice President and Chief Human Resources Officer, will leave the company effective September 30, 2025, having announced his departure on July 21, 2025.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Jul 21, 2025Period of report Jul 19, 2025Summary published (UTC) Oct 13, 2026

Key points

AI summary

Eaton said Ernest Marshall, Executive Vice President and Chief Human Resources Officer, will leave the company effective September 30, 2025, having announced his departure on July 21, 2025.
The company said it entered into an agreement with Ernest Marshall dated July 19, 2025, under which he will be entitled to the payments and benefits described in the proxy statement it filed with the SEC on March 14, 2025.
The company said Ernest Marshall will receive a payment equal to 1.5 times the sum of his current annual salary and target annual incentive under the short-term incentive plan.
The company said Ernest Marshall will have pro-rated eligibility in the open award periods of the performance-based short- and long-term incentive programs, and his unvested stock options and restricted share units will continue to vest.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Chief Human Resources Officer Departure Announced

Eaton said Ernest Marshall, Executive Vice President and Chief Human Resources Officer, will leave the company effective September 30, 2025, having announced his departure on July 21, 2025.

Source · Based on the filing body and exhibits

Separation Agreement Signed

The company said it entered into an agreement with Ernest Marshall dated July 19, 2025, under which he will be entitled to the payments and benefits described in the proxy statement it filed with the SEC on March 14, 2025.

Source · Based on the filing body and exhibits

Payment of 1.5 Times Current Salary and Target Annual Incentive

The company said Ernest Marshall will receive a payment equal to 1.5 times the sum of his current annual salary and target annual incentive under the short-term incentive plan.

Source · Based on the filing body and exhibits

Performance-Based Incentive Eligibility and Stock Option Vesting Continue

The company said Ernest Marshall will have pro-rated eligibility in the open award periods of the performance-based short- and long-term incentive programs, and his unvested stock options and restricted share units will continue to vest.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

View the original filing on SEC EDGAR ↗

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