ENS Form 4: Vargo’s DSU/RSU Awards Increase Holdings to 35,264.86 Shares

Rhea-AI Filing Summary

EnerSys director Ronald P. Vargo reported multiple non-cash share awards issued as stock units related to the company dividend dated September 26, 2025. The Form 4 shows Vargo received Deferred Stock Units and Restricted Stock Units that converted to a total reported beneficial ownership of 35,264.8598 shares following the transactions. The awards were granted in connection with the cash dividend to shareholders of record September 12, 2025, and reflect vested and unvested DSUs/RSUs granted on various prior dates; all shares were reported as acquired at a $0.00 price because they were dividend-related grants. The filing was signed by power of attorney on September 30, 2025.

Positive

• Director compensation aligned with shareholder dividend: DSUs and RSUs were issued/adjusted in connection with the September 26, 2025 dividend.
• Transparent reporting: Form 4 discloses specific grant vintages and shows post-transaction beneficial ownership of 35,264.8598 shares.

Negative

• None.

Insights

Securities Analyst

TL;DR: Director Vargo received dividend-related DSUs and RSUs increasing his reported holdings to 35,264.8598 shares; transactions were non-cash awards.

The Form 4 discloses routine issuance of equity units tied to a declared cash dividend paid September 26, 2025 to stockholders of record September 12, 2025. The transactions consist of vested and unvested DSUs and RSUs converting into common stock units with no cash price, reflecting compensation/benefit plan mechanics rather than open-market purchases or sales. For investors this is a disclosure of insider compensation conversion and not an active buy/sell signal. The total post-transaction beneficial ownership reported is 35,264.8598 shares.

Corporate Governance Expert

TL;DR: These entries reveal standard director equity plan administration tied to dividends, showing alignment with shareholder distributions.

The filing documents administration of the EnerSys Deferred Compensation Plan for Non-Employee Directors through DSU and RSU adjustments made concurrent with a declared dividend. Multiple grant vintages (including October 18, 2024; January 10, 2025; April 10, 2025; July 17, 2025) were adjusted and paid out where applicable. This is a governance-level disclosure of compensation plan operation and timing, confirming the company is crediting director accounts with dividend equivalents as permitted by plan terms.

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

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Vargo Ronald P

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/26/2025

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	09/26/2025		A		60.0534(1)	A	$0.00	35,241.8578	D
Common Stock	09/26/2025		A		22.8505(2)	A	$0.00	35,264.7083	D
Common Stock	09/26/2025		A		0.0404(3)	A	$0.00	35,264.7487	D
Common Stock	09/26/2025		A		0.0474(4)	A	$0.00	35,264.7961	D
Common Stock	09/26/2025		A		0.0331(5)	A	$0.00	35,264.8292	D
Common Stock	09/26/2025		A		0.0306(6)	A	$0.00	35,264.8598	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. These shares were granted in the form of Deferred Stock Units ("DSUs"), in connection with the cash dividend paid on September 26, 2025 to stockholders of record as of September 12, 2025 (the "Dividend"), with respect to an aggregate of 25,540 vested DSUs granted to the reporting person on various dates, and adjusted for previously and declared paid cash dividends. These DSUs are vested and payable concurrent with the underlying DSUs.

2. These shares were granted in the form of Restricted Stock Units ("RSUs"), in connection with the Dividend, with respect to vested RSUs granted to the reporting person on various dates under the EnerSys Deferred Compensation Plan for Non-Employee Directors (the "Plan"), and adjusted for previously declared and paid cash dividends. These RSUs are vested and payable concurrent with the underlying RSUs.

3. These shares were granted in the form of RSUs, in connection with the Dividend, with respect to unvested RSUs granted to the reporting person on October 18, 2024, under the Plan. These RSUs are vested and payable concurrent with the underlying RSUs.

4. These shares were granted in the form of RSUs, in connection with the Dividend, with respect to unvested RSUs granted to the reporting person on January 10, 2025, under the Plan. These RSUs are vested and payable concurrent with the underlying RSUs.

5. These shares were granted in the form of RSUs, in connection with the Dividend, with respect to unvested RSUs granted to the reporting person on April 10, 2025. These RSUs are vested and payable concurrent with the underlying RSUs.

6. These shares were granted in the form of RSUs, in connection with the Dividend, with respect to unvested RSUs granted to the reporting person on July 17, 2025, under the Plan. These RSUs are vested and payable concurrent with the underlying RSUs.

	John Yarbrough, by Power of Attorney	09/30/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What did Ronald P. Vargo report on the Form 4 for ENS?

The Form 4 reports receipt of dividend-related Deferred Stock Units and Restricted Stock Units that increased his beneficial ownership to 35,264.8598 shares following the September 26, 2025 transactions.

Why were the shares reported at a price of $0.00 on the Form 4?

The shares were issued as DSUs/RSUs in connection with a cash dividend paid September 26, 2025, so they were recorded as $0.00 acquisition price as dividend-related grants.

Which grant dates were adjusted or paid in this filing?

The filing references vested and unvested DSUs/RSUs from various dates including October 18, 2024, January 10, 2025, April 10, 2025, and July 17, 2025.

Was this Form 4 an individual filing or part of a group filing for ENS?

The Form 4 was filed by one reporting person as indicated on the form.

When was the Form 4 signed and filed?

The filing shows signature by power of attorney (John Yarbrough) dated 09/30/2025.