ENS Form 4: Caroline Chan Increases Beneficial Ownership to 15,649.87 Shares

Rhea-AI Filing Summary

EnerSys director Caroline Chan received Deferred Stock Units (DSUs) tied to the company dividend paid September 26, 2025. The Form 4 shows a non‑derivative acquisition recorded 09/26/2025 for 36.7759 shares (value $0.00) arising from DSU adjustments, and reports 15,649.8686 shares beneficially owned following the transaction. The filing explains these shares represent DSUs granted earlier (aggregate 15,641 vested DSUs), adjusted for declared cash dividends to holders of record September 12, 2025; the DSUs are vested and payable concurrent with the underlying DSUs. The form was signed by power of attorney on September 30, 2025.

Positive

• Director compensation aligned with shareholders through vested DSUs adjusted for dividends, preserving equity alignment without cash transfer

Negative

• None.

Insights

Financial Analyst

TL;DR: Routine director equity accrual from dividend; no cash outlay and limited market impact.

This Form 4 documents a non‑cash equity accrual to a company director via Deferred Stock Units resulting from the declared cash dividend. The transaction increased reported beneficial ownership to 15,649.8686 shares and shows an incremental acquisition of 36.7759 shares at $0.00, reflecting dividend reinvestment in DSUs rather than open‑market purchases. For investors, this is a standard corporate administration of director compensation and dividend treatment rather than an operational or financing event.

Corporate Governance Expert

TL;DR: Governance signal: director is receiving vested DSUs tied to dividends, consistent with long‑term alignment practices.

The filing indicates vested Deferred Stock Units granted on prior dates were adjusted for the cash dividend and converted into additional share equivalent DSUs. This is consistent with typical director pay and dividend policy mechanics that preserve equity alignment without immediate share issuance. The disclosure is clear about vesting and payability timing; there are no indications of unusual related‑party transactions or abrupt ownership changes.

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^*

Chan Caroline

(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		36.7759(1)	A	$0.00	15,649.8686	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 15,641 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.

	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.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did Caroline Chan report on Form 4 for ENS?

The Form 4 reports an acquisition on 09/26/2025 of 36.7759 share equivalents via Deferred Stock Units tied to the company dividend.

How many EnerSys shares does the reporting person beneficially own after the transaction?

The filing shows 15,649.8686 shares beneficially owned following the reported transaction.

Why were the shares granted to the reporting person?

The shares were granted as Deferred Stock Units (DSUs) in connection with a cash dividend paid September 26, 2025 to holders of record September 12, 2025.

Were any cash proceeds involved in the reported acquisition?

No; the transaction lists a price of $0.00, indicating a non‑cash grant via DSU adjustments.

When was the Form 4 signed and by whom?

The form was signed by John Yarbrough, by Power of Attorney on 09/30/2025.