ENS insider filing: O'Connell's RSU grant and 65,161-option award disclosed
Rhea-AI Filing Summary
Shawn M. O'Connell, President & CEO of EnerSys (ENS), reported a series of equity transactions affecting his direct holdings. On 08/08/2025 he received 23,536 shares as Restricted Stock Units and was recorded as acquiring 65,161 stock options with an exercise price of $105.16. After the 08/08 transactions his reported direct beneficial ownership was 66,625.854 shares and 65,161 options.
Subsequent entries show forfeitures of 816.1095 shares on 08/09/2025 and 586.0013 shares on 08/11/2025, leaving reported direct ownership of 65,223.7432 shares. The RSUs vest 25% on each August 8 from 2026 through 2029; the options vest in three equal annual installments beginning 08/08/2026 and show an expiration date of 08/08/2035.
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Insights
TL;DR: CEO equity awards and forfeitures were reported, showing standard retention-focused compensation with multi-year vesting.
The Form 4 discloses an RSU award of 23,536 shares and an option grant of 65,161 options at an exercise price of $105.16, with vesting schedules extending from 2026 through 2029 for RSUs and beginning 08/08/2026 for options. Two small forfeitures totaling 1,402.1108 shares were recorded across 08/09/2025 and 08/11/2025. These items are typical components of executive compensation designed to align management with long-term shareholder value and to retain the CEO, and they are disclosed consistently with Section 16 reporting requirements.
TL;DR: The grant structure combines time-based RSUs and multi-year option vesting, indicating retention incentive rather than immediate liquidity.
The RSUs vest 25% annually on August 8 from 2026 to 2029, while the stock options vest in three equal annual installments beginning 08/08/2026 and expire on 08/08/2035. The exercise price is explicitly stated as $105.16. Forfeitures noted on 08/09/2025 (816.1095 shares) and 08/11/2025 (586.0013 shares) reduce the CEO's share count to 65,223.7432 shares. From a compensation-design perspective, this is a conventional mix of time-based equity awards.