Dividend-linked DSU grant boosts EnerSys (NYSE: ENS) director stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
EnerSys director Caroline Chan reported a routine equity grant. She acquired 23.9995 shares of common stock in the form of deferred stock units (DSUs) at a price of $0.00 per share, issued in connection with a cash dividend paid on March 27, 2026 to stockholders of record as of March 13, 2026. The grant relates to 15,668 vested DSUs previously awarded to her and adjusted for past dividends and an arithmetic correction. Following this DSU dividend-equivalent grant, her directly held position increased to 15,691.9995 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Chan Caroline
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 24 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 15,692 shares (Direct)
Footnotes (1)
- These shares were granted in the form of Deferred Stock Units ("DSUs"), in connection with the cash dividend paid on March 27, 2026, to stockholders of record as of March 13, 2026 (the "Dividend"), with respect to 15,668 vested DSUs granted to the reporting person on various dates and adjusted for previously declared and paid cash dividends. These DSUs are vested and payable concurrent with the underlying DSUs. Adjusted for previous arithmetic error.
Key Figures
DSUs granted: 23.9995 units
Total holdings after grant: 15,691.9995 shares
Underlying vested DSUs: 15,668 units
+3 more
6 metrics
DSUs granted
23.9995 units
Deferred stock units granted on March 27, 2026 dividend
Total holdings after grant
15,691.9995 shares
Common stock equivalent following DSU grant to director
Underlying vested DSUs
15,668 units
Previously vested DSUs used to calculate dividend DSUs
Dividend payment date
March 27, 2026
Cash dividend date used for DSU grant calculation
Dividend record date
March 13, 2026
Stockholders of record date for related cash dividend
Transaction price per share
$0.00 per share
Non-cash DSU grant to director
Key Terms
Deferred Stock Units, DSUs, cash dividend, vested
4 terms
Deferred Stock Units financial
"These shares were granted in the form of Deferred Stock Units ("DSUs"), in connection with the cash dividend..."
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
DSUs financial
"with respect to 15,668 vested DSUs granted to the reporting person on various dates..."
DSUs, or Deferred Share Units, are a form of long-term pay where employees or directors receive a promise of company shares or cash at a later date instead of immediate salary. Think of them as an IOU for future stock that vests over time and converts into actual shares or cash, so they matter to investors because they can increase the number of outstanding shares (dilution) and reveal how management’s pay is tied to company performance.
cash dividend financial
"in connection with the cash dividend paid on March 27, 2026, to stockholders of record as of March 13, 2026..."
A cash dividend is a payment made by a company to its shareholders directly in money, usually on a regular schedule. It is a way for investors to receive a portion of the company's profits, similar to earning interest or a bonus for holding the company's stock. Cash dividends provide income to shareholders and can indicate the company's financial health and stability.
vested financial
"These DSUs are vested and payable concurrent with the underlying DSUs."
FAQ
What insider transaction did EnerSys (ENS) director Caroline Chan report?
Caroline Chan reported receiving 23.9995 deferred stock units tied to EnerSys common stock. The units were granted as a stock-based adjustment linked to a cash dividend, increasing her directly held position to 15,691.9995 shares-equivalent after the transaction.
How were the 23.9995 EnerSys deferred stock units for Caroline Chan calculated?
The 23.9995 DSUs were granted in connection with a cash dividend paid March 27, 2026. They were based on 15,668 vested DSUs already held by Caroline Chan and were adjusted for previously declared and paid cash dividends, including a correction of an earlier arithmetic error.
What dividend dates are referenced in Caroline Chan’s EnerSys Form 4?
The grant relates to a cash dividend paid on March 27, 2026, to EnerSys stockholders of record as of March 13, 2026. Her DSU position was adjusted to reflect this dividend on already vested units, resulting in the additional 23.9995 DSUs reported.
Are the EnerSys deferred stock units granted to Caroline Chan vested?
Yes, the filing states these deferred stock units are vested and payable concurrent with the underlying DSUs. That means the new 23.9995 DSUs follow the same payout timing as the original 15,668 vested DSUs already credited to Caroline Chan.
Was any cash involved in Caroline Chan’s EnerSys DSU grant?
No cash changed hands in the DSU grant itself; the transaction price per share is shown as $0.00. The additional 23.9995 deferred stock units were issued as a stock-based adjustment tied to a previously paid cash dividend on EnerSys common stock.