ENS officer Mark Matthews reports RSU grants, forfeitures and 14,480 options
Rhea-AI Filing Summary
Mark E. Matthews, an officer of EnerSys (ENS), reported changes in his equity holdings. On 08/08/2025 he was granted 5,230 restricted stock units (RSUs) and 14,480 stock options with an exercise price of $105.16. The options vest in three equal annual installments beginning 08/08/2026 and are subject to acceleration or forfeiture under the company clawback policy.
The report also records forfeitures of 307.2342 shares on 08/09/2025 (related to RSUs granted 08/09/2024) and 274.2948 shares on 08/11/2025 (related to RSUs granted 08/11/2023). After these transactions his reported direct beneficial ownership is 21,540.2841 shares. All awards vest subject to specified acceleration or forfeiture conditions.
Positive
- Grant of 14,480 stock options at an exercise price of $105.16, vesting over multi-year schedule, which aligns officer incentives with long-term performance
- Grant of 5,230 RSUs providing deferred equity compensation that vests over four years and ties pay to shareholder value
Negative
- Forfeiture of 307.2342 shares on 08/09/2025 related to RSUs granted 08/09/2024
- Forfeiture of 274.2948 shares on 08/11/2025 related to RSUs granted 08/11/2023
Insights
Officer received RSUs and options; forfeitures modestly reduced holdings — routine compensation with limited immediate market impact.
The Form 4 documents a compensation package: an RSU grant of 5,230 shares and a stock option grant of 14,480 options at a $105.16 exercise price. The option vesting schedule begins 08/08/2026 and the options appear to expire on 08/08/2035. Two forfeiture entries reduce reported shares but do not eliminate the new grants. For investors, this is a standard equity-compensation disclosure that aligns executive incentives with shareholder value over multi-year vesting periods.
Grants use multi-year vesting and clawback provisions, reflecting standard governance controls on executive pay.
The filing highlights governance features: RSUs vest 25% per year for four years and options vest in three equal annual installments beginning 08/08/2026, and both are subject to acceleration or forfeiture and the companys clawback policy. Two forfeitures tied to prior grant dates are recorded, indicating enforcement of vesting or forfeiture conditions. The disclosure is consistent with routine executive compensation oversight rather than a material corporate event.