EnerSys (NYSE: ENS) CTO reports RSU dividend equivalents from cash dividend
Rhea-AI Filing Summary
EnerSys filed a Form 4 showing that its CTO and President Specialty received small grants of common stock in the form of restricted stock units (RSUs) tied to a recent cash dividend. On December 26, 2025, the officer acquired fractional shares of common stock at a price of $0 per share, increasing direct beneficial ownership to 20,986.9937 shares.
The RSUs were credited as dividend equivalents on previously granted unvested RSUs, based on a cash dividend paid on December 26, 2025 to stockholders of record as of December 12, 2025. Each new RSU grant will vest and be payable at the same time as its related underlying RSU grant from 2022, 2023, 2024, and 2025.
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FAQ
What did EnerSys (ENS) report in this Form 4 filing?
The filing reports that the CTO and President Specialty of EnerSys acquired small amounts of common stock in the form of RSUs on December 26, 2025, all at a price of $0 per share, as part of dividend-equivalent grants on existing unvested RSUs.
Who is the reporting person in the EnerSys (ENS) Form 4?
The reporting person is an officer of EnerSys, serving as CTO and President Specialty, and is filing the form as a single reporting person with direct ownership of the reported securities.
What type of securities were involved in the EnerSys (ENS) Form 4 transactions?
The transactions involved EnerSys common stock, acquired in the form of restricted stock units (RSUs) that were granted as dividend equivalents linked to previously awarded unvested RSUs.
Why were new RSUs granted to the EnerSys (ENS) officer on December 26, 2025?
The new RSUs were granted in connection with a cash dividend paid on December 26, 2025 to stockholders of record as of December 12, 2025, providing dividend-equivalent RSUs on unvested awards from 2022, 2023, 2024, and 2025.
How many EnerSys (ENS) shares does the officer beneficially own after these transactions?
After the reported RSU grants on December 26, 2025, the officer beneficially owns 20,986.9937 shares of EnerSys common stock in direct ownership.
How do the new EnerSys (ENS) RSUs vest and pay out?
The RSUs granted as dividend equivalents will vest and be payable concurrent with the underlying RSUs from each original grant year, matching the vesting schedules of the 2022, 2023, 2024, and 2025 awards.
Was there any cash consideration in the EnerSys (ENS) Form 4 RSU grants?
No cash was paid for these RSUs; the filing shows each acquisition at a price of $0 per share, reflecting stock-based compensation tied to the company’s cash dividend.