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EnerSys (NYSE: ENS) ties Fisher stock award to EPS up to 300%

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

EnerSys (ENS) reported that officer Keith D. Fisher, President Network & Infrastructure, received equity awards of common stock. He was granted 3,196 Restricted Stock Units that vest one-third on each of August 14, 2027, 2028, and 2029, subject to possible acceleration or forfeiture under specified conditions and the Board-adopted clawback policy. He also received 3,196 performance-based stock units, which will convert into common shares on the third anniversary of grant based on cumulative adjusted EPS versus a target, using a performance adjustment percentage that can range from 0% to 300%, with the reported grant amount reflecting a 100% performance assumption.

Positive

  • None.

Negative

  • None.
Insider Fisher Keith D.
Role Pres. Network & Infrastructure
Type Security Shares Price Value
Grant/Award Common Stock F1 3,196 $0.00 $0.00
Grant/Award Common Stock F2 3,196 $0.00 $0.00
Holdings After Transaction: Common Stock — 28,514 shares (Direct)
Footnotes (2)
  1. F1. These shares were granted as Restricted Stock Units that vest one-third on each of August 14, 2027, August 14, 2028, and August 14, 2029, subject to acceleration or forfeiture in certain specified circumstances, including the terms of the clawback policy adopted by the Board of Directors.
  2. 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.
RSUs granted 3,196 shares Restricted Stock Units granted to Keith D. Fisher on August 14, 2026
PSUs granted (at 100% performance) 3,196 units Performance-based stock units granted assuming 100% performance adjustment
RSU vesting dates August 14, 2027; 2028; 2029 One-third of RSUs vest on each specified date
PSU performance range 0% to 300% Performance adjustment percentage based on cumulative adjusted EPS over three-year period
PSU vesting horizon 3 years PSUs vest on the third anniversary of the grant date
Restricted Stock Units financial
"These shares were granted as Restricted Stock Units that vest one-third on each"
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
"These shares were granted as performance-based stock units ("PSUs")."
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.
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.
cumulative adjusted EPS financial
"based on the cumulative adjusted EPS over the three year vesting period"

FAQ

What equity awards did EnerSys (ENS) grant to Keith D. Fisher?

EnerSys granted Keith D. Fisher 3,196 Restricted Stock Units and 3,196 performance-based stock units (PSUs). The RSUs vest over three years, while PSU payouts depend on cumulative adjusted EPS performance over a three-year period.

How do the Restricted Stock Units granted by EnerSys (ENS) to Keith Fisher vest?

The 3,196 RSUs granted to Keith Fisher vest in three equal installments on August 14, 2027, 2028, and 2029. Vesting remains subject to potential acceleration or forfeiture, including under the company’s clawback policy.

How are the EnerSys (ENS) performance-based stock units for Keith Fisher determined?

Each PSU granted converts into shares using a performance adjustment percentage based on cumulative adjusted EPS versus a target. The percentage can range from 0% to 300%, with the filed 3,196 PSUs reflecting a 100% performance assumption.

When do Keith Fisher’s EnerSys (ENS) performance-based stock units vest?

Keith Fisher’s PSUs vest and convert into common stock on the third anniversary of the grant date. The actual share payout depends on the cumulative adjusted EPS performance adjustment percentage over the three-year vesting period.

What conditions could affect Keith Fisher’s EnerSys (ENS) RSUs and PSUs?

Both the RSUs and PSUs are subject to acceleration or forfeiture in specified circumstances. These conditions include provisions in the clawback policy adopted by the Board of Directors and other specified terms in the award agreements.

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

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Fisher Keith D.

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Pres. Network & Infrastructure
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/14/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock08/14/2026A3,196(1)A$025,318D
Common Stock08/14/2026A3,196(2)A$028,514D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. These shares were granted as Restricted Stock Units that vest one-third on each of August 14, 2027, August 14, 2028, and August 14, 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 Attorney08/18/2026
** Signature of Reporting PersonDate
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.
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* Form 4: SEC 1474 (03-26)