ESCO Technologies (ESE) director turns 5,623 RSUs into stock at $204.97
Rhea-AI Filing Summary
ESCO Technologies Inc. reported an insider equity transaction by one of its directors. On 12/01/2025, the director converted 5,623 restricted share units (RSUs) into an equal number of shares of ESCO common stock at a reference price of $204.97 per share. The resulting 5,623 shares are held directly.
The RSUs had a $0 exercise price and had vested in tranches between May 2023 and February 2025, with the conversion and disposition date elected in advance. As part of the transaction, a fractional RSU position of 1,937.9504 units was disposed of to the issuer for cash based on the NYSE closing price on the vesting date, and the director continues to hold a remaining RSU balance.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units | 5,623 | $204.97 | $1.15M |
| Disposition | Restricted Share Units | 1,937.95 | $204.97 | $397K |
| Exercise | Common Stock | 5,623 | $204.97 | $1.15M |
Footnotes (1)
- Represents conversion of whole number of RSUs into underlying whole shares of common stock, and disposition to issuer of remaining fractional RSU for cash at price per share equal to NYSE closing price on the vesting date. RSUs vested in tranches between May 2023 and February 2025; conversion and disposition date was elected prior to vesting.
FAQ
What insider transaction did ESCO Technologies (ESE) report in this Form 4?
The filing shows that a director of ESCO Technologies converted 5,623 restricted share units (RSUs) into 5,623 shares of common stock on 12/01/2025.
What was the price used for the ESCO Technologies (ESE) RSU conversion?
The RSUs converted into common stock using a reference price of $204.97 per share, corresponding to the NYSE closing price on the vesting date.
What happened to the fractional RSUs in the ESCO Technologies (ESE) transaction?
A remaining fractional RSU position of 1,937.9504 units was disposed of to the issuer for cash at the same $204.97 per share reference price.
Do the ESCO Technologies (ESE) RSUs have an exercise cost?
No. The reported restricted share units had an exercise price of $0, meaning they convert into shares without any cash payment by the director.