EnerSys (NYSE: ENS) director receives stock units instead of cash fees
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
EnerSys director Tamara Morytko received equity compensation in the form of stock units instead of cash fees. She acquired 143 stock units valued at $194.61 per share under the EnerSys Voluntary Deferred Compensation Plan for Non-Employee Directors.
EnerSys also credited 28 matching stock units to her Plan account, vesting 25% on each of July 13, 2026, October 13, 2026, January 13, 2027 and April 13, 2027, subject to possible acceleration or cancellation. Each stock unit represents a right to receive one EnerSys common share payable upon her Termination under the Plan. Following these awards, she holds 10,150 shares of common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Morytko Tamara
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 143 | $194.61 | $28K |
| Grant/Award | Common Stock | 28 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 10,122 shares (Direct)
Footnotes (1)
- In lieu of receiving cash fees, the reporting person received 143 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 28 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.
Key Figures
Stock units in lieu of cash: 143 stock units at $194.61
Matching stock units: 28 stock units
Vesting schedule: 25% each date
+1 more
4 metrics
Stock units in lieu of cash
143 stock units at $194.61
Director fees credited to Plan
Matching stock units
28 stock units
Matching contribution to Plan account
Vesting schedule
25% each date
July 13 2026, Oct 13 2026, Jan 13 2027, Apr 13 2027
Shares held after awards
10,150 shares
Common stock held directly after transactions
Key Terms
Voluntary Deferred Compensation Plan for Non-Employee Directors, stock units, matching stock unit contribution, Termination
4 terms
Voluntary Deferred Compensation Plan for Non-Employee Directors financial
"in the EnerSys Voluntary Deferred Compensation Plan for Non-Employee Directors (the "Plan")."
stock units financial
"the reporting person received 143 stock units, which immediately vested"
Stock units are individual pieces of ownership in a company, like slices of a pie that together make up the whole business. They matter to investors because each unit represents a claim on the company’s assets, profits and sometimes voting power, and changes in the number or value of these units affect ownership percentages, potential dividends and share dilution — all of which influence an investment’s worth.
matching stock unit contribution financial
"This amount reflects a matching stock unit contribution by EnerSys"
Termination financial
"payable upon the reporting person's Termination, as defined in the Plan."
FAQ
What did EnerSys (ENS) director Tamara Morytko report on this Form 4?
Tamara Morytko reported equity compensation awards rather than market trades. She received 143 stock units in lieu of cash director fees and 28 additional matching stock units under the EnerSys Voluntary Deferred Compensation Plan for Non-Employee Directors, all tied to EnerSys common stock.
What are the terms of the 28 matching stock units EnerSys (ENS) granted?
EnerSys granted 28 matching stock units to Morytko’s deferred compensation Plan account. These units vest 25% on each of July 13, 2026, October 13, 2026, January 13, 2027 and April 13, 2027, with vesting subject to potential acceleration or cancellation upon certain events.
How were the 143 EnerSys (ENS) stock units to Tamara Morytko determined?
The 143 stock units were received in lieu of cash director fees. They were valued at $194.61 per share and credited under the EnerSys Voluntary Deferred Compensation Plan for Non-Employee Directors, immediately vesting as stock units representing rights to EnerSys common shares.