ENS Form 4: Andrea Funk Credited Dividend-Equivalent RSUs

Rhea-AI Filing Summary

EnerSys (ENS) Form 4: Andrea J. Funk, EVP & Chief Financial Officer, reported receipt of additional shares on 09/26/2025 related to dividend-adjusted Restricted Stock Units (RSUs). The filing shows five separate RSU-based awards credited as stock in connection with a cash dividend paid 09/26/2025 to holders of record on 09/12/2025. The reported increments reflect dividend equivalents on unvested RSUs granted on 08/12/2022 (2,228 RSUs), 08/11/2023 (3,305 RSUs), 08/09/2024 (5,638 RSUs), 05/23/2025 (18,792 RSUs) and 08/08/2025 (10,486 RSUs). All shares were issued at $0.00 price and remain direct holdings payable concurrent with underlying RSUs.

Insights

Corporate Governance Expert

TL;DR: Routine dividend-equivalent RSU credits to a named executive officer; governance practice aligns compensation with shareholder distributions.

The report documents dividend-equivalent shares issued as RSUs to the CFO across five prior grants. These awards were automatic adjustments tied to a company cash dividend and will vest/pay with the underlying RSU schedules. This is a standard administration of equity compensation and does not indicate new cash payments or changes to grant terms beyond dividend treatment. Impact on governance oversight is minimal; disclosure is consistent with Section 16 reporting requirements.

Securities Analyst

TL;DR: Small incremental increase in outstanding insider-held shares from dividend-adjusted RSUs; no cash consideration and no immediate market impact.

The filing shows five separate allocations of shares credited at $0.00 as dividend equivalents for unvested RSUs granted between 2022 and 2025, totaling incremental beneficial ownership reflected per line items. Because these are non-cash, contingent on vesting and payable with underlying RSUs, they do not reflect exercised options or open-market purchases. For investors, this is a routine insider disclosure with neutral implications for near-term share supply or company cash flow.

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^*

Funk Andrea J.

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP & Chief Financial Officer

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		5.2387(1)	A	$0.00	58,107.9508	D
Common Stock	09/26/2025		A		7.7706(2)	A	$0.00	58,115.7214	D
Common Stock	09/26/2025		A		13.257(3)	A	$0.00	58,128.9784	D
Common Stock	09/26/2025		A		44.1885(4)	A	$0.00	58,173.1669	D
Common Stock	09/26/2025		A		24.6551(5)	A	$0.00	58,197.822	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 Restricted Stock Units ("RSUs"), 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 2,228 unvested RSUs granted to the reporting person on August 12, 2022, and adjusted for previously declared and paid cash dividends. These RSUs will vest and are payable concurrent with the underlying RSUs.

2. These shares were granted in the form of RSUs, in connection with the Dividend, with respect to 3,305 unvested RSUs granted to the reporting person on August 11, 2023, and adjusted for previously declared and paid cash dividends. These RSUs will be payable concurrent with the underlying RSUs.

3. These shares were granted in the form of RSUs, in connection with the Dividend, with respect to 5,638 unvested RSUs granted to the reporting person on August 9, 2024. These RSUs will be payable concurrent with the underlying RSUs.

4. These shares were granted in the form of RSUs, in connection with the Dividend, with respect to 18,792 unvested RSUs granted to the reporting person on May 23, 2025. These RSUs will be payable concurrent with the underlying RSUs.

5. These shares were granted in the form of RSUs, in connection with the Dividend, with respect to 10,486 unvested RSUs granted to the reporting person on August 8, 2025. These RSUs will be payable concurrent with the underlying RSUs.

	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 did Andrea J. Funk report on the Form 4 for ENS?

The filing reports receipt of dividend-equivalent shares credited as RSUs on 09/26/2025 across five prior RSU grants; all shares issued at $0.00 and payable with underlying RSUs.

Why were these additional shares issued on 09/26/2025?

The shares were granted as dividend equivalents in connection with a cash dividend paid 09/26/2025 to stockholders of record as of 09/12/2025.

How many underlying unvested RSUs generated dividend-equivalent shares?

The filing references unvested RSUs of 2,228 (08/12/2022), 3,305 (08/11/2023), 5,638 (08/09/2024), 18,792 (05/23/2025), and 10,486 (08/08/2025).

Did Andrea Funk pay for these shares or exercise options?

No cash was paid; the shares were issued at $0.00 as dividend-adjusted RSUs and are payable concurrent with the underlying RSUs.

Does this Form 4 indicate a sale or purchase of EnerSys stock by the officer?

No. The entries are grant/crediting of shares as RSU dividend equivalents, not open-market purchases or dispositions.