ESCO Technologies (NYSE: ESE) director awarded dividend RSUs

Rhea-AI Filing Summary

ESCO Technologies Inc. director David A. Campbell reported an automatic grant of additional Restricted Share Units (RSUs) tied to his existing equity awards. On January 16, 2026, he acquired 0.9668 RSUs at an indicated value of $218.58 per unit, increasing his directly held RSU balance to 2,642.5657 units.

These RSUs were issued in lieu of cash dividends on RSUs he already held. Each RSU is economically equivalent to one share of ESCO Technologies common stock. RSUs credited as dividend equivalents on unvested awards become payable in stock and/or cash when the underlying RSUs vest or are distributed, while remaining RSUs are payable in stock when his board service ends or at another time he has previously elected.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Campbell David A

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Share Units	0.967	$218.58	$211.32

Holdings After Transaction: Restricted Share Units — 2,642.566 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Campbell David A

(Last) (First) (Middle)

C/O ESCO TECHNOLOGIES INC.

645 MARYVILLE CENTRE DR., SUITE 300

(Street)

ST LOUIS MO 63141

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ESCO TECHNOLOGIES INC [ ESE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/16/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Share Units	(1)	01/16/2026		A		0.9668		(1)	(1)	Common Stock	0.9668	$218.58	2,642.5657	D

Explanation of Responses:

1. Restricted Share Units (RSUs) issued in lieu of cash dividends on the RSUs held by the reporting person on the payment date. Each RSU is the economic equivalent of one share of Common Stock. A portion of the RSU representing dividends on unvested shares becomes payable in Common Stock and/or cash when the underlying shares vest, or concurrently with the distribution of the underlying shares if the reporting person has so designated. Any remaining RSUs become payable in common stock upon, or at the election of the reporting person in installments beginning upon, the termination of the reporting person's service as a director or such earlier time as the reporting person may have designated.

Remarks:

Power of Attorney on file

	/s/ Jeffrey D. Fisher, Attorney-in-Fact	01/20/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did ESCO Technologies (ESE) report for David A. Campbell?

ESCO Technologies reported that director David A. Campbell acquired 0.9668 Restricted Share Units (RSUs) on January 16, 2026. The transaction was coded as an acquisition of derivative securities.

How many RSUs does David A. Campbell hold after this Form 4 transaction at ESCO Technologies (ESE)?

After the January 16, 2026 transaction, David A. Campbell beneficially owns 2,642.5657 Restricted Share Units directly.

What was the value used for the RSUs issued to the ESCO Technologies (ESE) director?

The 0.9668 RSUs credited to director David A. Campbell used a value of $218.58 per unit, as shown in the Form 4 derivative table.

Why did ESCO Technologies (ESE) issue 0.9668 RSUs to its director instead of paying cash?

The footnote explains that these RSUs were issued in lieu of cash dividends on RSUs already held by the director. Instead of receiving a cash dividend, he was credited with additional RSUs that mirror the value of the dividend.

Are the RSUs reported by ESCO Technologies (ESE) for director Campbell equivalent to common stock?

Yes. The filing states that each RSU is the economic equivalent of one share of ESCO Technologies common stock, meaning their value tracks the underlying shares even though they are paid out later.

When will the ESCO Technologies (ESE) RSUs issued as dividend equivalents become payable to the director?

According to the footnote, the portion of RSUs representing dividends on unvested shares becomes payable in common stock and/or cash when the underlying RSUs vest or are distributed. Any remaining RSUs are payable in common stock when the director’s service ends or at another previously designated time.