HOFFEN HOWARD I 4

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).