ENS Insider Forfeits 307.5804 Shares From 2021 RSUs
Rhea-AI Filing Summary
EnerSys insider reported forfeiture of shares tied to vested restricted stock units. The filing shows a disposition on 08/16/2025 of 307.5804 shares at a reported price of $98.33, leaving the reporting person with 21,190.0707 shares beneficially owned. The form identifies the reporting person as Chad C. Uplinger, President, Motive Power Global, and indicates the shares were forfeited in connection with the vesting of restricted stock units originally granted on 08/16/2021. The form is signed by John Yarbrough by power of attorney on 08/19/2025. All details are recorded as a single-person Form 4 filing for EnerSys (ENS).
Positive
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Negative
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Insights
TL;DR: Routine reporting of RSU-related forfeiture; no indication of unusual insider activity.
The Form 4 documents a modest-sized disposition of 307.5804 shares tied to the forfeiture of restricted stock units upon vesting. The filing explicitly links the transaction to RSUs granted on 08/16/2021, and leaves the reporting person with 21,190.0707 shares. This appears to be an administrative compensation event rather than a market-driven sale or purchase; the filing includes standard attestations and a power-of-attorney signature. Based solely on the disclosed facts, there are no material governance concerns or anomalous timing evident in the record.
TL;DR: Compensation-related share forfeiture recorded; size is small relative to typical executive holdings.
The disclosure states that 307.5804 shares were forfeited in connection with RSU vesting from a 2021 grant. The reported price of $98.33 is included in the record, and beneficial ownership after the transaction is 21,190.0707 shares. The note clarifies the disposition arose from plan mechanics rather than voluntary sale. From a compensation accounting perspective, this is a routine adjustment to equity holdings associated with grant vesting and withholding obligations; the transaction is documented as required.