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Form 4: Chad Uplinger forfeits 434.0571 RSUs at $95.39; ENS holding disclosed

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

EnerSys insider Chad C. Uplinger reported the forfeiture of 434.0571 shares on 08/12/2025 related to Restricted Stock Units that vested on August 12, 2022. The Form 4 lists the transaction code F and a price of $95.39 per share (used for reporting purposes), and shows the reporting person holds 21,497.6511 shares following the disposition. The filing states the forfeiture was connected to the vesting of RSUs originally granted on August 12, 2022. The Form 4 was signed by John Yarbrough by power of attorney on 08/14/2025.

Positive

  • Remaining beneficial ownership disclosed: Reporting person holds 21,497.6511 shares after the transaction
  • Transparent filing: Transaction uses correct Form 4 reporting with explanation linking the forfeiture to RSUs granted 08/12/2022

Negative

  • Forfeiture of equity: 434.0571 shares were forfeited, reducing previously held RSUs
  • Limited detail on cause: Filing states forfeiture was connected to vesting but does not specify whether due to tax withholding, clawback, or other administrative reason

Insights

TL;DR: A routine forfeiture of vested RSUs was reported; disclosure is procedural and not clearly material to shareholders.

The Form 4 discloses a forfeiture (transaction code F) of 434.0571 shares by Chad C. Uplinger, an officer and director. Forfeitures tied to equity awards often reflect tax/administrative adjustments or clawback/repurchase conditions rather than open-market selling. The remaining beneficial ownership of 21,497.6511 shares is explicitly stated, providing transparency on insider holdings. No indication of unusual trading, change in control, or material corporate event is present in the filing. Impact is thus likely neutral from a governance perspective.

TL;DR: The entry documents an RSU forfeiture tied to a 2022 grant; this appears to be an administrative compensation adjustment.

The explanation notes the forfeiture related to RSUs granted August 12, 2022, and the filing shows the mechanics: Code F, 434.0571 shares, and a $95.39 reporting price. Such forfeitures can result from tax withholdings at vesting, clawbacks, or the company reclaiming shares under plan rules. The Form does not describe the reason beyond the vesting connection, so the specific compensation mechanism remains unspecified in the filing.

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
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
Uplinger Chad C

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Pres., Motive Power Global
3. Date of Earliest Transaction (Month/Day/Year)
08/12/2025
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 08/12/2025 F 434.0571(1) D $95.39 21,497.6511 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. Shares were forfeited in connection with the vesting of Restricted Stock Units granted to the reporting person on August 12, 2022.
Remarks:
John Yarbrough, by Power of Attorney 08/14/2025
** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did EnerSys insider Chad C. Uplinger report on Form 4 (ENS)?

The filing reports a forfeiture of 434.0571 shares on 08/12/2025, tied to RSUs granted on 08/12/2022.

How many EnerSys (ENS) shares does Chad C. Uplinger beneficially own after this Form 4?

The Form 4 shows 21,497.6511 shares beneficially owned following the reported transaction.

What does transaction code F mean on this Form 4 for ENS?

Code F is reported on the form to indicate a forfeiture of shares, as stated in the filing.

Was the Form 4 for Chad C. Uplinger signed and when?

Yes. The filing is signed by John Yarbrough by Power of Attorney on 08/14/2025.

Does the Form 4 explain why the RSUs were forfeited?

The filing states the shares were forfeited in connection with the vesting of RSUs granted on 08/12/2022 but does not provide additional specifics on the reason.
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