ENS Form 4: Director Steven Fludder awarded 2,088 Deferred Stock Units

Rhea-AI Filing Summary

EnerSys (ENS) director Steven M. Fludder reported an award of 2,088 Deferred Stock Units (DSUs) associated with the company's common stock, recorded as an acquisition on 08/08/2025. The DSUs were granted at a reported price of $0.00 and the form shows 20,439.3902 as the amount beneficially owned following the transaction. The reporting person is identified as a director and the grant appears as routine director compensation.

The filing explains these DSUs vest upon grant but are payable no earlier than six months after the director's termination of service at the director's election. The company retains a clawback right to recover DSU value within one year following termination upon certain events. No cash exercise or derivative activity is reported.

Insights

Corporate Governance Expert

TL;DR: A routine director compensation grant of 2,088 DSUs with delayed payout and a company clawback; governance controls are present.

The report documents a non-cash grant to a director that vests immediately but is contractually payable only after termination and subject to a one-year clawback for specified events. These features limit immediate liquidity and align payout timing with continued service or post-service decisions. The filing shows the grant at a $0.00 price, consistent with typical equity awards for board service. Overall, this is a standard governance-level compensation disclosure with limited market impact.

Compensation Analyst

TL;DR: Director received 2,088 DSUs as deferred compensation; terms indicate retention-focused design rather than immediate cash benefit.

The DSU structure — payable no earlier than six months after service termination and subject to a one-year clawback — suggests the award is structured to defer value realization and protect the company against post-service events. The form lists 20,439.3902 as beneficial ownership following the grant, which should be reconciled with outstanding equity and other holdings for full context. This disclosure is routine for board pay and unlikely to materially move valuation.

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

OMB APPROVAL

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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^*

FLUDDER STEVEN M

(Last) (First) (Middle)

C/O ENERSYS

2366 BERNVILLE ROAD

(Street)

READING PA 19605

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
EnerSys [ ENS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/08/2025

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
Common Stock	08/08/2025		A		2,088(1)	A	$0.00	20,439.3902	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

Explanation of Responses:

1. These shares were granted as Deferred Stock Units (DSUs) and vest upon grant. These DSUs are payable no earlier than six months following termination of service as a director of the Company, at the director's election, with the right of the Company to clawback the value of the DSUs within one year following a termination of service upon the occurrence of certain events.

Remarks:

	John Yarbrough, by Power of Attorney	08/12/2025
	** 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.
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FAQ

What did EnerSys insider Steven M. Fludder receive in the Form 4 (ENS)?

The filing shows an award of 2,088 Deferred Stock Units (DSUs) reported as an acquisition.

When are the DSUs payable to the director?

The DSUs are payable no earlier than six months following termination of service, at the director's election.

Does the company have any recovery rights for the DSUs?

Yes. The company retains the right to clawback the value of the DSUs within one year following termination upon certain events.

What price was reported for the DSU grant?

The grant is reported with a $0.00 price on the Form 4.

How much beneficial ownership is reported after the transaction?

The form lists 20,439.3902 as the amount beneficially owned following the reported transaction.