ESCO Technologies (ESE) director awarded dividend-equivalent RSUs in latest Form 4
Rhea-AI Filing Summary
ESCO Technologies Inc. director Vinod M. Khilnani reported an acquisition of 0.1940 Restricted Share Units (RSUs) on 2026-07-17. These RSUs were issued in lieu of cash dividends on RSUs he already holds, each RSU being the economic equivalent of one share of common stock.
After this dividend-equivalent grant, Khilnani directly holds 772.3901 RSUs. A portion of these dividend RSUs becomes payable in common stock and/or cash when the underlying RSUs vest or are distributed, with any remaining RSUs payable in common stock upon or after the end of his board service, according to his prior elections.
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Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
KHILNANI VINOD M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Units F1 | 0.194 | $318.52 | $61.79 |
Holdings After Transaction:
Restricted Share Units — 772.3901 shares (Direct)
Footnotes (1)
- F1. 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.
Key Figures
RSUs acquired: 0.1940 units
RSU value per unit: $318.5200 per RSU
Total RSUs after transaction: 772.3901 units
+1 more
4 metrics
RSUs acquired
0.1940 units
Restricted Share Units granted on 2026-07-17 in lieu of cash dividends
RSU value per unit
$318.5200 per RSU
Reported transaction price per Restricted Share Unit
Total RSUs after transaction
772.3901 units
Director Vinod M. Khilnani’s direct RSU holdings following the grant
Underlying common stock equivalence
0.1940 shares
Each RSU is the economic equivalent of one share of Common Stock
Key Terms
Restricted Share Units, economic equivalent, in lieu of cash dividends, payment date
4 terms
economic equivalent financial
"Each RSU is the economic equivalent of one share of Common Stock."
in lieu of cash dividends financial
"RSUs issued in lieu of cash dividends on the RSUs held by the reporting person"
payment date financial
"RSUs held by the reporting person on the payment date."
The payment date is the day when you actually receive money from a financial transaction, like getting your paycheck or the interest from a savings account. It matters because it tells you when the funds will be available to spend or use. Think of it as the day your paycheck hits your bank account, so you know when you can access the money.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did ESCO Technologies (ESE) report for Vinod M. Khilnani?
Vinod M. Khilnani reported an acquisition of 0.1940 Restricted Share Units on 2026-07-17. These RSUs were issued as dividend equivalents in lieu of cash dividends on RSUs he already holds, and are economically equivalent to common stock.
How many RSUs does Vinod M. Khilnani now hold at ESCO Technologies (ESE)?
Following the reported transaction, Vinod M. Khilnani directly holds 772.3901 Restricted Share Units. These RSUs correspond economically to the same number of ESCO Technologies common shares and will settle in stock and/or cash under previously chosen distribution terms.
What is the value per RSU in Vinod Khilnani’s latest ESCO Technologies (ESE) transaction?
The reported transaction reflects RSUs valued at $318.5200 per unit. Each Restricted Share Unit is described as the economic equivalent of one share of ESCO Technologies common stock, issued as a dividend equivalent rather than a cash dividend payment.
Why did ESCO Technologies (ESE) issue additional RSUs to Vinod Khilnani instead of cash?
The additional RSUs were issued in lieu of cash dividends on RSUs Khilnani already held on the dividend payment date. This structure credits dividend-equivalent RSUs that mirror the economic value of cash dividends that would have been paid on those underlying units.
How and when will Vinod Khilnani’s ESCO Technologies (ESE) dividend RSUs be paid out?
A portion of these dividend RSUs becomes payable in common stock and/or cash when the underlying RSUs vest or are distributed. Any remaining RSUs are payable in common stock upon or, at his election, in installments beginning after his board service ends.
Was Vinod Khilnani’s ESCO Technologies (ESE) RSU acquisition under a Rule 10b5-1 plan?
The transaction is not indicated as made under a Rule 10b5-1 trading plan. The Rule 10b5-1 checkbox associated with this insider report is shown as unchecked, and the transaction is described as a grant in lieu of cash dividends.