EnerSys (NYSE: ENS) grants CEO RSUs and PSUs tied to EPS
Rhea-AI Filing Summary
EnerSys (ENS) reported that its President and CEO, serving as the reporting person, received two equity awards of common stock on August 14, 2026. One award covers 17,207 Restricted Stock Units (RSUs), vesting one-third on each of August 14, 2027, 2028, and 2029, subject to possible acceleration, forfeiture, and a board-adopted clawback policy.
The second award covers 17,207 performance-based stock units (PSUs), which convert into common shares on the third anniversary of grant based on cumulative adjusted EPS versus a target. The performance adjustment percentage can range from 0% to 300%; the reported 17,207 units reflect an assumed 100% performance outcome.
Positive
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Negative
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Insider Trade Summary
Net Buyer: 34,414 shares
Net Buy
2 txns
Insider
O'Connell Shawn M.
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 17,207 | $0.00 | $0.00 |
| Grant/Award | Common Stock F2 | 17,207 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 101,212 shares (Direct)
Footnotes (2)
- F1. These shares were granted as Restricted Stock Units that vest one-third on each of August 14, 2027, August 14, 2028, and August 14, 2029, subject to acceleration or forfeiture in certain specified circumstances, including the terms of the clawback policy adopted by the Board of Directors.
- F2. These shares were granted as performance-based stock units ("PSUs"). Each PSU converts into the number of shares of common stock determined by applying a performance adjustment percentage to the number of units vesting on the third anniversary of the date of grant. The performance adjustment percentage is based on the cumulative adjusted EPS over the three year vesting period relative to a target cumulative adjusted EPS. The minimum performance adjustment percentage is 0% and the maximum performance adjustment percentage is 300%. These shares represent the PSUs granted, assuming a performance adjustment percentage of 100%. These PSUs are subject to acceleration or forfeiture in certain specified circumstances, including pursuant to the terms of the clawback policy adopted by the Board of Directors.
Key Figures
RSUs granted: 17,207 shares
PSUs granted at target: 17,207 units
RSU vesting dates: August 14, 2027; August 14, 2028; August 14, 2029
+2 more
5 metrics
RSUs granted
17,207 shares
Restricted Stock Units granted to the President and CEO on August 14, 2026
PSUs granted at target
17,207 units
Performance-based stock units granted to the President and CEO assuming 100% performance
RSU vesting dates
August 14, 2027; August 14, 2028; August 14, 2029
One-third of RSUs vest on each of these dates
PSU performance range
0% to 300%
Range of performance adjustment percentage for PSU conversion into shares
PSU vesting period
3 years
PSUs vest on the third anniversary of the grant date based on three-year cumulative adjusted EPS
Key Terms
Restricted Stock Units, performance-based stock units, cumulative adjusted EPS, clawback policy
4 terms
Restricted Stock Units financial
"These shares were granted as Restricted Stock Units that vest one-third on each"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
performance-based stock units financial
"These shares were granted as performance-based stock units ("PSUs"). Each PSU converts"
Performance-based stock units are company promises to deliver shares or cash to employees or executives only if the business hits specific financial or operational goals over a set period. Like a bonus that only pays out when certain milestones are reached, they link pay to company performance and matter to investors because they can dilute the share count, affect reported earnings when they vest, and signal how management is being incentivized.
cumulative adjusted EPS financial
"percentage is based on the cumulative adjusted EPS over the three year vesting"
clawback policy financial
"including the terms of the clawback policy adopted by the Board of Directors"
A clawback policy is a company rule that lets the firm take back pay, bonuses or stock awards from current or former executives if results are later found to be incorrect, misconduct occurred, or targets were missed. It matters to investors because it helps protect the value of their holdings by discouraging risky or fraudulent behavior and ensuring executive rewards reflect real, verified performance—think of it as a return policy for executive pay.
FAQ
What equity awards did the EnerSys (ENS) CEO receive on August 14, 2026?
The EnerSys CEO received 17,207 RSUs and 17,207 PSUs of common stock. RSUs vest over three years, while PSUs convert into shares after three years based on cumulative adjusted EPS performance.
How do the RSUs granted by EnerSys (ENS) to its CEO vest?
The CEO’s 17,207 RSUs vest one-third on each of August 14, 2027, August 14, 2028, and August 14, 2029. Vesting is subject to potential acceleration or forfeiture under specified conditions and a board-adopted clawback policy.
What does the 17,207 PSU figure mean in the EnerSys (ENS) Form 4?
The 17,207 PSUs represent the number of units granted assuming a 100% performance adjustment. Actual shares issued after three years may be lower or higher, from 0% up to 300% of that amount.
Are EnerSys (ENS) CEO equity awards subject to a clawback policy?
Yes. Both the RSUs and PSUs granted to the CEO are subject to acceleration or forfeiture, including under the terms of a clawback policy adopted by the EnerSys Board of Directors.
AI-generated analysis. How Rhea-AI works. Not financial advice.
