EnerSys (ENS) director granted deferred stock units and matching awards
Rhea-AI Filing Summary
TUFANO PAUL J reported acquisition or exercise transactions in this Form 4 filing.
EnerSys director Paul J. Tufano received additional equity compensation through the company’s deferred compensation plan. He was granted 224 EnerSys stock units in lieu of cash fees at a reference price of $194.61 per share, which vested immediately under the EnerSys Voluntary Deferred Compensation Plan for Non-Employee Directors.
EnerSys also made a matching contribution of 44 stock units to his account. These matching units vest 25% on each of July 13, 2026, October 13, 2026, January 13, 2027, and April 13, 2027, subject to possible acceleration or cancellation in certain events. Each stock unit represents a right to receive one share of EnerSys common stock payable upon his Termination as defined in the plan, bringing his directly held common stock and stock units to 50,456 following these awards.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 224 | $194.61 | $44K |
| Grant/Award | Common Stock | 44 | $0.00 | -- |
Footnotes (1)
- In lieu of receiving cash fees, the reporting person received 224 stock units, which immediately vested, in the EnerSys Voluntary Deferred Compensation Plan for Non-Employee Directors (the "Plan"). 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. As a result of these transactions the reporting person has an additional 44 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.