ESCO Technologies (NYSE: ESE) director credited dividend RSUs in Form 4
Rhea-AI Filing Summary
ESCO Technologies Inc. director Vinod M. Khilnani reported a small automatic equity award related to his board compensation. On January 16, 2026, he acquired 0.4936 Restricted Share Units (RSUs) at a reference price of $218.58 per unit, issued in lieu of cash dividends on RSUs he already held. Each RSU is the economic equivalent of one share of ESCO Technologies common stock.
After this transaction, Khilnani beneficially owned a total of 1,349.2536 RSUs, held directly. The RSUs tied to dividends on unvested shares will generally become payable in common stock and/or cash when the underlying RSUs vest or are distributed, while the remaining RSUs become payable in common stock upon or following the end of his service as a director, depending on his prior elections.
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FAQ
What insider transaction did ESCO Technologies (ESE) report for Vinod M. Khilnani?
ESCO Technologies reported that director Vinod M. Khilnani acquired 0.4936 Restricted Share Units (RSUs) on January 16, 2026. The transaction code was A, indicating an acquisition of derivative securities.
How many ESCO Technologies RSUs does Vinod M. Khilnani own after this Form 4 filing?
Following the reported transaction, Vinod M. Khilnani beneficially owned 1,349.2536 Restricted Share Units of ESCO Technologies, held in direct ownership.
Why did ESCO Technologies issue 0.4936 RSUs to Vinod M. Khilnani?
The 0.4936 RSUs were issued in lieu of cash dividends on RSUs that Khilnani already held on the dividend payment date. This represents dividend equivalents credited as additional RSUs instead of cash.
What is the relationship between ESCO Technologies RSUs and common stock?
Each Restricted Share Unit reported is described as the economic equivalent of one share of ESCO Technologies common stock. RSUs tied to dividends on unvested shares become payable in common stock and/or cash when the underlying RSUs vest or are distributed.
When do Vinod M. Khilnani’s ESCO Technologies RSUs become payable?
According to the disclosure, a portion of the RSUs representing dividends on unvested shares becomes payable in common stock and/or cash when the underlying shares vest, or concurrently with their distribution if he has designated that. Any remaining RSUs become payable in common stock upon, or in installments beginning upon, the termination of his service as a director or at an earlier time he previously designated.
Was this ESCO Technologies insider transaction under a Rule 10b5-1 plan?
The form includes a checkbox to indicate if a transaction was made under a Rule 10b5-1(c) trading plan, but the excerpt does not show that this box was checked for Vinod M. Khilnani’s RSU acquisition.