EnerSys (ENS) director Ronald P. Vargo granted stock units in lieu of cash fees
Rhea-AI Filing Summary
EnerSys director Ronald P. Vargo reported receiving additional equity compensation in the form of common stock units on January 15, 2026. He acquired 40 shares of EnerSys common stock at $167.14 per share in lieu of cash fees, credited as stock units under the EnerSys Voluntary Deferred Compensation Plan for Non-Employee Directors.
He also received 8 matching stock units from EnerSys at a price of $0. These matching units vest 25% on each of April 15, 2026, July 15, 2026, October 15, 2026 and January 15, 2027, with vesting subject to possible acceleration or cancellation upon certain events. Following these transactions, Vargo directly beneficially owns 35,435 shares of EnerSys common stock, held through stock units payable upon his Termination under the plan.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 40 | $167.14 | $7K |
| Grant/Award | Common Stock | 8 | $0.00 | -- |
Footnotes (1)
- In lieu of receiving cash fees, the reporting person received 40 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 April 15, 2026, July 15, 2026, October 15, 2026 and January 15, 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 8 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.
FAQ
What insider transaction did EnerSys (ENS) director Ronald P. Vargo report?
Ronald P. Vargo reported acquiring 40 shares of EnerSys common stock on January 15, 2026 at $167.14 per share, received as stock units in lieu of cash director fees under the EnerSys Voluntary Deferred Compensation Plan for Non-Employee Directors.
How many matching stock units did Ronald P. Vargo receive from EnerSys (ENS)?
He received an additional 8 matching stock units contributed by EnerSys at a price of $0, credited to his account in the voluntary deferred compensation plan for non-employee directors.
What is the vesting schedule for Ronald P. Vargos matching EnerSys (ENS) stock units?
The 8 matching stock units vest 25% on each of April 15, 2026, July 15, 2026, October 15, 2026 and January 15, 2027, and vesting may accelerate or be canceled upon certain events.
How does the EnerSys (ENS) deferred compensation plan work for Ronald P. Vargo?
Under the EnerSys Voluntary Deferred Compensation Plan for Non-Employee Directors, Vargo can receive stock units instead of cash fees. Each stock unit represents a right to receive one share of EnerSys common stock, payable upon his Termination as defined in the plan.
Were Ronald P. Vargos EnerSys (ENS) stock units fully vested at grant?
The 40 stock units he received in lieu of cash fees immediately vested. The 8 matching stock units vest over four dates from April 15, 2026 through January 15, 2027, subject to possible acceleration or cancellation.