EnerSys (NYSE: ENS) CEO adds RSU dividend equivalents to 71.6K shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
O'Connell Shawn M. reported acquisition or exercise transactions in this Form 4 filing.
EnerSys President and CEO Shawn M. O'Connell reported automatic equity awards rather than open-market trading. On July 2, 2026, he received a total of about 43.4884 shares of EnerSys common stock as dividend-equivalent Restricted Stock Units (RSUs) tied to previously granted unvested RSUs.
These RSUs were granted in connection with a cash dividend paid to stockholders of record as of June 19, 2026 and will vest and be payable on the same schedule as the underlying RSU awards from 2022, 2023, 2024 and 2025. Following these grant transactions, O'Connell directly holds 71,582.4884 shares of EnerSys common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
O'Connell Shawn M.
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2.101 | $0.00 | -- |
| Grant/Award | Common Stock | 3.117 | $0.00 | -- |
| Grant/Award | Common Stock | 6.515 | $0.00 | -- |
| Grant/Award | Common Stock | 4.492 | $0.00 | -- |
| Grant/Award | Common Stock | 27.263 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 71,541.101 shares (Direct, null)
Footnotes (1)
- These shares were granted in the form of Restricted Stock Units ("RSUs"), in connection with the cash dividend paid on July 2, 2026, to stockholders of record as of June 19, 2026 (the "Dividend"), with respect to 1,824 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. These shares were granted in the form of RSUs, in connection with the Dividend, with respect to 2,706 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. These shares were granted in the form of RSUs, in connection with the Dividend, with respect to 5,657 unvested RSUs granted to the reporting person on August 9, 2024, and adjusted for previously declared and paid cash dividends. These RSUs will be payable concurrent with the underlying RSUs. These shares were granted in the form of RSUs, in connection with the Dividend, with respect to 3,901 unvested RSUs granted to the reporting person on November 8, 2024, and adjusted for previously declared and paid cash dividends. These RSUs will be payable concurrent with the underlying RSUs. These shares were granted in the form of RSUs, in connection with the Dividend, with respect to 23,674 unvested RSUs granted to the reporting person on August 8, 2025, and adjusted for previously declared and paid cash dividends. These RSUs will be payable concurrent with the underlying RSUs.
Key Figures
RSU dividend-equivalent grants: 43.4884 shares
Holdings after transactions: 71,582.4884 shares
Underlying 2022 unvested RSUs: 1,824 RSUs
+4 more
7 metrics
RSU dividend-equivalent grants
43.4884 shares
Total common stock RSUs granted on July 2, 2026
Holdings after transactions
71,582.4884 shares
Direct EnerSys common stock held by CEO after grants
Underlying 2022 unvested RSUs
1,824 RSUs
RSUs granted August 12, 2022 referenced in footnote
Underlying 2023 unvested RSUs
2,706 RSUs
RSUs granted August 11, 2023 referenced in footnote
Underlying August 9, 2024 RSUs
5,657 RSUs
Unvested RSUs from August 9, 2024 grant
Underlying November 8, 2024 RSUs
3,901 RSUs
Unvested RSUs from November 8, 2024 grant
Underlying August 8, 2025 RSUs
23,674 RSUs
Unvested RSUs from August 8, 2025 grant
Key Terms
Restricted Stock Units ("RSUs"), cash dividend, stockholders of record, unvested RSUs, +1 more
5 terms
Restricted Stock Units ("RSUs") financial
"These shares were granted in the form of Restricted Stock Units ("RSUs"), in connection with the cash dividend..."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
cash dividend financial
"in connection with the cash dividend paid on July 2, 2026, to stockholders of record as of June 19, 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.
stockholders of record financial
"cash dividend paid on July 2, 2026, to stockholders of record as of June 19, 2026..."
Stockholders of record are the people or entities whose names appear on a company's official shareholder list on a specific cutoff date set by the company or its transfer agent; only those listed are entitled to receive dividends, vote at shareholder meetings, or participate in other corporate actions. Think of it like a guest list for an event: being on the list on the set day determines who gets the benefits and rights, so investors must own shares before the cutoff to qualify.
unvested RSUs financial
"with respect to 1,824 unvested RSUs granted to the reporting person on August 12, 2022..."
payable concurrent with the underlying RSUs financial
"These RSUs will vest and are payable concurrent with the underlying RSUs."
FAQ
What did EnerSys (ENS) CEO Shawn O'Connell report in this Form 4?
Shawn O'Connell reported automatic grants of dividend-equivalent Restricted Stock Units, not open-market trades. On July 2, 2026 he received additional EnerSys common stock tied to existing unvested RSUs, increasing his direct holdings to 71,582.4884 shares.
Why did EnerSys grant additional RSUs to its CEO on July 2, 2026?
The RSUs were granted as dividend equivalents linked to a cash dividend paid July 2, 2026. They compensate for dividends on 1,824, 2,706, 5,657, 3,901 and 23,674 unvested RSUs previously awarded so the CEO’s economic position matches that of common shareholders.
Were these EnerSys CEO transactions open-market buys or sells?
No, these were not open-market buys or sells. All reported entries use code "A" for grant or award acquisitions, representing dividend-equivalent RSUs issued at a price of $0.0000 per share rather than discretionary trading in EnerSys stock.