EnerSys (NYSE: ENS) director receives stock unit awards in lieu of cash fees
Rhea-AI Filing Summary
Knausenberger Lauren reported acquisition or exercise transactions in this Form 4 filing.
EnerSys director Lauren Knausenberger reported equity-based compensation in the form of stock units rather than cash fees. She received 136 stock units of EnerSys common stock at $194.61 per unit under the company’s Voluntary Deferred Compensation Plan for Non-Employee Directors.
EnerSys also made a matching contribution of 27 additional stock units to her account. These matching units vest 25% on each of July 13, 2026, October 13, 2026, January 13, 2027 and April 13, 2027. Each stock unit represents a right to receive one EnerSys share upon her Termination as defined in the plan, bringing her direct holdings to 5,463 shares of common stock after these awards.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 136 | $194.61 | $26K |
| Grant/Award | Common Stock | 27 | $0.00 | $0.00 |
Footnotes (3)
- F1. In lieu of receiving cash fees, the reporting person received 136 stock units, which immediately vested, in the EnerSys Voluntary Deferred Compensation Plan for Non-Employee Directors (the "Plan").
- F2. This amount reflects a matching stock unit contribution by EnerSys for the reporting person's account in the Plan. The matching stock unit contribution vests 25% on each of July 13, 2026, October 13, 2026, January 13, 2027 and April 13, 2027. Such vesting is subject to acceleration or cancellation upon the occurrence of certain events.
- F3. As a result of these transactions the reporting person has an additional 27 stock units in the Plan. Each of these stock units represents a right to receive one share of EnerSys common stock and is payable upon the reporting person's Termination, as defined in the Plan.
Key Figures
Key Terms
Voluntary Deferred Compensation Plan for Non-Employee Directors financial
stock units financial
matching stock unit contribution financial
Termination financial
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