ESCO TECHNOLOGIES INC·4

Apr 20, 10:25 AM ET

PHILLIPPY ROBERT J 4

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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.