HOFFEN HOWARD I 4
4 · EnerSys · Filed Mar 31, 2026
Research Summary
AI-generated summary of this filing
EnerSys (ENS) Director Howard I. Hoffen Receives 72.897-Share Award
What Happened
- Howard I. Hoffen, a non-employee director of EnerSys (ENS), was granted a total of 72.897 shares on March 27, 2026 via awards (two entries: 68.402 and 4.495 shares) recorded at $0.00 each (transaction code A = award/grant). These reflect dividend-equivalent awards tied to existing vested Deferred Stock Units (DSUs) and Restricted Stock Units (RSUs); no cash was paid in connection with these entries.
Key Details
- Transaction date: 2026-03-27; Form 4 filed 2026-03-31 (on-time).
- Price: $0.00 per share (dividend-equivalent units), total reported value $0.
- Shares received: 68.402 DSU-related + 4.495 RSU-related = 72.897 shares.
- Holdings after transaction: not specified in the provided filing.
- Footnotes: (F1) DSU units were granted as dividend equivalents tied to 44,655 vested DSUs and adjusted for prior dividends; vested and payable with underlying DSUs. (F2) RSU units were dividend equivalents tied to vested RSUs under the EnerSys Deferred Compensation Plan for Non-Employee Directors. (F3) The reporting person disclaims direct pecuniary interest and beneficial ownership except to the extent ultimately realized.
- Transaction code: A = Award/Grant (not a market purchase or sale).
Context
- These awards are dividend-equivalent adjustments to existing vested DSUs/RSUs (common practice for non-employee directors) and are not a cash purchase or sale—so they do not directly signal insider buying or selling sentiment.
- For retail investors, such dividend-equivalent grants are routine compensation adjustments and should be viewed differently from open-market purchases (more informative) or sales (potentially bearish).
Insider Transaction Report
Form 4
EnerSysENS
HOFFEN HOWARD I
Director
Transactions
- Award
Common Stock
[F1]2026-03-27+68.402→ 47,658.402 total - Award
Common Stock
[F2][F3]2026-03-27+4.495→ 47,662.897 total
Footnotes (3)
- [F1]These shares were granted in the form of Deferred Stock Units ("DSUs"), in connection with the cash dividend paid on March 27, 2026, to stockholders of record as of March 13, 2026 (the "Dividend"), with respect to 44,655 vested DSUs granted to the reporting person on various dates and adjusted for previously declared and paid cash dividends. These DSUs are vested and payable concurrent with the underlying DSUs.
- [F2]These shares were granted in the form of Restricted Stock Units ("RSUs"), in connection with the Dividend, with respect to vested RSUs granted to the reporting person on various dates under the EnerSys Deferred Compensation Plan for Non-Employee Directors (the "Plan"), and adjusted for previously declared and paid cash dividends. These RSUs are vested and payable concurrent with the underlying RSUs.
- [F3]The reporting person has no direct pecuniary interest in such shares and disclaims beneficial ownership except to the extent ultimately realized.
Signature
/s/ John Yarbrough by Power of Attorney|2026-03-31