Small RSU dividend-equivalent grant to ESCO Technologies (NYSE: ESE) director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ESCO Technologies director Vinod M. Khilnani acquired 0.1961 Restricted Share Units as a grant tied to dividend equivalents on his existing RSU holdings. Each RSU equals one share of Common Stock and will generally be settled in stock or cash when the underlying RSUs vest or upon his service termination.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
KHILNANI VINOD M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Units | 0.196 | $314.92 | $61.76 |
Holdings After Transaction:
Restricted Share Units — 772.196 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 0.1961 RSUs
RSUs after grant: 772.1961 RSUs
Dividend-equivalent value reference: $314.92 per RSU
+2 more
5 metrics
RSUs granted
0.1961 RSUs
Dividend-equivalent RSU grant on 2026-04-17
RSUs after grant
772.1961 RSUs
Total Restricted Share Units following transaction
Dividend-equivalent value reference
$314.92 per RSU
Price per unit referenced in the RSU transaction
RSU exercise price
$0.00
Conversion or exercise price for Restricted Share Units
Underlying shares
0.1961 Common shares
Common Stock underlying the new RSUs
Key Terms
Restricted Share Units, in lieu of cash dividends, economic equivalent of one share of Common Stock, unvested shares, +1 more
5 terms
in lieu of cash dividends financial
"RSUs issued in lieu of cash dividends on the RSUs held by the reporting person on the payment date"
termination of the reporting person's service as a director financial
"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"
FAQ
What insider transaction did ESCO Technologies (ESE) report for Vinod Khilnani?
ESCO Technologies reported that director Vinod M. Khilnani received 0.1961 Restricted Share Units as a grant. These RSUs were issued in lieu of cash dividends on his existing RSUs and represent additional compensation rather than an open-market share purchase or sale.
What are ESCO Technologies RSUs issued in lieu of cash dividends?
RSUs issued in lieu of cash dividends credit additional units instead of paying cash when dividends are declared. For ESCO Technologies, these RSUs mirror dividend payments on unvested awards, adding fractional RSUs that track the value of Common Stock until vesting or distribution events.
When will Vinod Khilnani’s new ESCO Technologies RSUs become payable?
A portion of these RSUs tied to dividends on unvested shares becomes payable when the underlying RSUs vest or when those shares are distributed. Any remaining RSUs generally become payable upon, or in installments beginning upon, his termination of service as an ESCO Technologies director.