PHILLIPPY ROBERT J 4
4 · ESCO TECHNOLOGIES INC · Filed Apr 20, 2026
Research Summary
AI-generated summary of this filing
ESCO (ESE) Director Robert J. Phillippy Receives RSU Award
What Happened
Robert J. Phillippy, a director of ESCO Technologies, received an award of 5.038 restricted share units (RSUs) on 2026-04-17. The filing reports an acquisition-equivalent value of $314.92 per RSU (total ≈ $1,587). This transaction is an award/ grant (derivative), not an open-market purchase or sale.
Key Details
- Transaction type: A (Award/Grant) — derivative (RSUs).
- Date of transaction: 2026-04-17; Form 4 filed: 2026-04-20 (filed within the 2-business-day SEC window).
- Shares/units acquired: 5.038 RSUs at $314.92 each; total reported value ≈ $1,587.
- Shares owned after transaction: not specified in this Form 4.
- Footnote: F1 — these RSUs were issued as dividend-equivalent units on RSUs held by the reporting person; each RSU equals the economic equivalent of one share. Dividend-equivalent RSUs on unvested shares become payable in stock and/or cash when the underlying shares vest (or at the director’s designated time); remaining RSUs become payable in common stock upon termination of service or earlier election.
- Remark: Power of Attorney on file.
Context
This was a routine equity award (dividend-equivalent RSUs), common for directors, and does not represent an open-market buy or sell. RSUs are derivative awards that convert to shares or cash per the plan terms and vesting schedule; they should be viewed as compensation/dividend-related, not necessarily a signal of insider buying or selling intent.
Insider Transaction Report
- Award
Restricted Share Units
[F1]2026-04-17$314.92/sh+5.038$1,587→ 19,838.515 total→ Common Stock (5.038 underlying)
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.