EnerSys grants Navneet Grewal two stock awards

Q: How many shares did ENS Chief Digital, AI Officer Navneet Grewal receive?

Navneet Grewal received two awards on October 16, 2026: 5,927 restricted stock units and 5,927 performance-based stock units. The performance-based unit count assumes a 100% performance adjustment.

The RSUs vest one-third on October 16, 2027, October 16, 2028 and October 16, 2029; PSU adjustment ranges from 0% to 300% based on cumulative adjusted EPS.

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Rhea-AI Filing Summary

EnerSys Chief Digital, AI Officer Navneet Grewal received two direct common-stock awards on October 16, 2026: 5,927 restricted stock units and 5,927 performance-based stock units. The restricted stock units vest one-third on October 16, 2027, October 16, 2028 and October 16, 2029, subject to specified acceleration or forfeiture circumstances. The performance-based units vest on the third anniversary of the grant, with the final share amount based on cumulative adjusted EPS relative to a target; the reported 5,927 units assume a 100% performance adjustment.

Insider Trade Summary

Grant/Award: 11,854 shares

Grant/Award 2 txns

Insider Grewal Navneet

Role Chief Digital, AI Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock ^F1	5,927	$0.00	$0.00
Grant/Award	Common Stock ^F2	5,927	$0.00	$0.00

Holdings After Transaction: Common Stock — 11,854 shares (Direct)

Footnotes (2)

F1. These shares were granted as Restricted Stock Units that vest one-third on each of October 16, 2027, October, 16, 2028, and October 16, 2029, subject to acceleration or forfeiture in certain specified circumstances, including the terms of the clawback policy adopted by the Board of Directors.
F2. These shares were granted as performance-based stock units ("PSUs"). Each PSU converts into the number of shares of common stock determined by applying a performance adjustment percentage to the number of units vesting on the third anniversary of the date of grant. The performance adjustment percentage is based on the cumulative adjusted EPS over the three year vesting period relative to a target cumulative adjusted EPS. The minimum performance adjustment percentage is 0% and the maximum performance adjustment percentage is 300%. These shares represent the PSUs granted, assuming a performance adjustment percentage of 100%. These PSUs are subject to acceleration or forfeiture in certain specified circumstances, including pursuant to the terms of the clawback policy adopted by the Board of Directors.

Key Figures

Restricted stock units granted: 5,927 units Performance-based stock units granted: 5,927 units Performance adjustment range: 0% to 300% +1 more

4 metrics

Restricted stock units granted 5,927 units Granted October 16, 2026

Performance-based stock units granted 5,927 units Granted October 16, 2026; count assumes a 100% performance adjustment

Performance adjustment range 0% to 300% Based on cumulative adjusted EPS over the three-year vesting period relative to target

Restricted stock unit vesting One-third on each vesting date October 16, 2027; October 16, 2028; October 16, 2029

Key Terms

Restricted Stock Units, performance-based stock units, performance adjustment percentage, cumulative adjusted EPS, +1 more

5 terms

Restricted Stock Units financial

"granted as Restricted Stock Units that vest one-third"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

performance-based stock units financial

"granted as performance-based stock units"

Performance-based stock units are company promises to deliver shares or cash to employees or executives only if the business hits specific financial or operational goals over a set period. Like a bonus that only pays out when certain milestones are reached, they link pay to company performance and matter to investors because they can dilute the share count, affect reported earnings when they vest, and signal how management is being incentivized.

performance adjustment percentage financial

"applying a performance adjustment percentage"

cumulative adjusted EPS financial

"based on the cumulative adjusted EPS over the three year vesting period"

clawback policy financial

"including the terms of the clawback policy adopted by the Board of Directors"

A clawback policy is a company rule that lets the firm take back pay, bonuses or stock awards from current or former executives if results are later found to be incorrect, misconduct occurred, or targets were missed. It matters to investors because it helps protect the value of their holdings by discouraging risky or fraudulent behavior and ensuring executive rewards reflect real, verified performance—think of it as a return policy for executive pay.

FAQ

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How many shares did ENS Chief Digital, AI Officer Navneet Grewal receive?

Navneet Grewal received two awards on October 16, 2026: 5,927 restricted stock units and 5,927 performance-based stock units. The performance-based unit count assumes a 100% performance adjustment.

How are Navneet Grewal's ENS performance-based stock units determined?

The share amount is determined by applying a performance adjustment percentage based on cumulative adjusted EPS over the three-year vesting period relative to a target cumulative adjusted EPS. The adjustment can range from 0% to 300%; the 5,927 units granted assume a 100% adjustment.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Available on EDGAR 10/20/2026 - 04:18 PM EDT Accepted by SEC EDGAR 10/20/2026 - 04:17 PM EDT

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^*

Grewal Navneet

(Last)

(First)

(Middle)

2366 BERNVILLE ROAD

(Street)

READING

PENNSYLVANIA

19605

(City)

(State)

(Zip)

UNITED STATES

(Country)

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)
	Chief Digital, AI Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/16/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	10/16/2026		A		5,927⁽¹⁾	A	$0	5,927	D
Common Stock	10/16/2026		A		5,927⁽²⁾	A	$0	11,854	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. These shares were granted as Restricted Stock Units that vest one-third on each of October 16, 2027, October, 16, 2028, and October 16, 2029, subject to acceleration or forfeiture in certain specified circumstances, including the terms of the clawback policy adopted by the Board of Directors.

2. These shares were granted as performance-based stock units ("PSUs"). Each PSU converts into the number of shares of common stock determined by applying a performance adjustment percentage to the number of units vesting on the third anniversary of the date of grant. The performance adjustment percentage is based on the cumulative adjusted EPS over the three year vesting period relative to a target cumulative adjusted EPS. The minimum performance adjustment percentage is 0% and the maximum performance adjustment percentage is 300%. These shares represent the PSUs granted, assuming a performance adjustment percentage of 100%. These PSUs are subject to acceleration or forfeiture in certain specified circumstances, including pursuant to the terms of the clawback policy adopted by the Board of Directors.

	/s/ John Yarbrough by Power of Attorney	10/20/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR