KHILNANI VINOD M 4
Research Summary
AI-generated summary
ESCO Technologies (ESE) Director Vinod Khilnani Receives RSUs
What Happened
Vinod M. Khilnani, a director of ESCO Technologies (ESE), had unvested restricted stock units (RSUs) vest and convert into 1,349 shares of common stock on February 5, 2026. The conversion value for the whole shares was $238.40 per share, totaling $321,602. A remaining fractional RSU (0.254 share) was surrendered to the issuer for cash at the same price, producing $60. These transactions reflect RSU vesting/settlement, not an open-market buy or discretionary sale.
Key Details
- Transaction date: 2026-02-05; reported on Form 4 filed 2026-02-06 (timely filing).
- Price used for conversion/payment: $238.40 per share.
- Shares acquired via conversion: 1,349 shares (value $321,602).
- Fractional RSU cashed: 0.254 share (proceeds $60) — listed as disposition to issuer.
- Footnotes: F1 explains vesting/conversion of prior RSU grant and cash-out of fractional RSU; F2 notes RSUs were granted on 2025-02-05 with a one-year vesting schedule.
- Power of Attorney is on file. Shares owned after the transaction are not stated in the summary provided.
Context
This was a routine equity award vesting event (conversion of RSUs into shares) rather than a market purchase or a voluntary sale. The disposal of the fractional share is a standard cash settlement for fractions when RSUs convert to whole shares and does not by itself signal insider sentiment.