[Form 4] EnerSys, Inc. Insider Trading Activity
Rhea-AI Filing Summary
EnerSys insider filing: Mark E. Matthews, a director and officer (listed as Pres. Specialty, Interim CTO), recorded a change in beneficial ownership on 08/12/2025. The Form 4 shows a disposition (Code F) of 353.4872 shares of EnerSys common stock at a reported price of $95.39, leaving the reporting person with 21,186.7969 shares beneficially owned. The filing explains these shares were forfeited in connection with the vesting of Restricted Stock Units granted on August 12, 2022. The form is signed by John Yarbrough by Power of Attorney dated 08/14/2025.
Positive
- Disposition is explicitly tied to RSU forfeiture, indicating an administrative action rather than an open-market sale
- Reporting person retains 21,186.7969 shares after the reported transaction, showing continued beneficial ownership
- Form filed and signed via Power of Attorney, indicating timely compliance with reporting procedures
Negative
- Reported disposition reduced holdings by 353.4872 shares, a noted decrease in beneficial ownership
- Price disclosed ($95.39) could be interpreted by market participants despite the filing stating forfeiture
Insights
TL;DR: Reported disposition reflects RSU forfeiture, not an open-market sale; net holdings remain substantial.
The Form 4 records a Code F disposition of 353.4872 shares at $95.39 due to forfeiture tied to RSUs granted on 08/12/2022. Because the filing explicitly states the shares were forfeited in connection with vesting, this transaction appears administrative rather than a voluntary sale. The reporting person continues to beneficially own 21,186.7969 shares, which is the relevant balance for assessing ongoing insider alignment with shareholders based solely on this filing.
TL;DR: Form 4 documents an RSU-related forfeiture; filing is routine corporate reporting under Section 16.
The submission identifies Mark E. Matthews as both a director and an officer and discloses an administrative disposition (forfeiture) of 353.4872 shares tied to RSU vesting. The explanatory note is explicit, and the form is executed via Power of Attorney. From a governance and disclosure perspective, the filing meets Section 16 requirements by reporting the change and clarifying the nature of the transaction.