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
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.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 60.053 | $0.00 | -- |
| Grant/Award | Common Stock | 22.851 | $0.00 | -- |
| Grant/Award | Common Stock | 0.04 | $0.00 | -- |
| Grant/Award | Common Stock | 0.047 | $0.00 | -- |
| Grant/Award | Common Stock | 0.033 | $0.00 | -- |
| Grant/Award | Common Stock | 0.031 | $0.00 | -- |
Footnotes (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. 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. 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. 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. 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. 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.
