ESCO Technologies (NYSE: ESE) grants director RSU dividend equivalents
Rhea-AI Filing Summary
ESCO Technologies Inc reported that director Penelope M. Conner acquired 0.1940 Restricted Share Units (RSUs) on July 17, 2026, as RSUs issued in lieu of cash dividends on RSUs she already holds. Each RSU is the economic equivalent of one share of common stock. After this grant, she holds 772.3901 RSUs, which will generally become payable in common stock and/or cash when the underlying RSUs vest or upon, or in installments beginning upon, the end of her board service, depending on her prior elections.
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Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Conner Penelope 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 Restricted Share Units
Transaction price: $318.5200 per unit
RSUs held after transaction: 772.3901 Restricted Share Units
+1 more
4 metrics
RSUs acquired
0.1940 Restricted Share Units
Grant issued in lieu of cash dividends on existing RSUs on July 17, 2026
Transaction price
$318.5200 per unit
Recorded transaction price per Restricted Share Unit for the acquisition
RSUs held after transaction
772.3901 Restricted Share Units
Total Restricted Share Units beneficially owned by the director after the grant
RSU-to-share ratio
1 RSU : 1 common share
Each RSU is the economic equivalent of one share of ESCO Technologies common stock
Key Terms
Restricted Share Units, economic equivalent, dividends on unvested shares, termination of the reporting person's service
4 terms
economic equivalent financial
"Each RSU is the economic equivalent of one share of Common Stock"
termination of the reporting person's service financial
"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"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did ESCO Technologies (ESE) disclose for Penelope M. Conner?
ESCO Technologies disclosed that director Penelope M. Conner acquired 0.1940 Restricted Share Units on July 17, 2026. These RSUs were issued in lieu of cash dividends on RSUs she already holds and are economically equivalent to common stock.
What is the nature of the RSUs reported in ESCO Technologies (ESE) Form 4?
The reported securities are Restricted Share Units (RSUs) issued in lieu of cash dividends on RSUs already held. Each RSU is the economic equivalent of one share of ESCO Technologies common stock, aligning director compensation with shareholder outcomes.
What transaction price was reported for the ESCO Technologies (ESE) RSU acquisition?
The acquisition of 0.1940 Restricted Share Units was reported with a transaction price of $318.52 per unit. This price is recorded for the RSU award and reflects the per-share value used in the Form 4’s transaction details.
When will the ESCO Technologies (ESE) RSUs reported become payable?
A portion of the RSUs representing dividends on unvested shares becomes payable in common stock and/or cash when those underlying RSUs vest. Remaining RSUs become payable in common stock upon, or in installments beginning upon, the end of the director’s service or an earlier designated time.