FLUDDER STEVEN M 4
Research Summary
AI-generated summary
EnerSys (ENS) Director Steven Fludder Receives DSU/RSU Award
What Happened
- Steven M. Fludder, a director of EnerSys (ENS), received equity awards on March 27, 2026 consisting of 24 Deferred Stock Units (DSUs) and 7.437 Restricted Stock Units (RSUs), for a total of 31.437 shares. Each award was reported at $0.00 per share (grant/award), so no cash was exchanged.
Key Details
- Transaction date: March 27, 2026; Form 4 filed March 31, 2026 (timely filed).
- Reported amounts: 24 shares (DSUs) and 7.437 shares (RSUs); total reported value $0.00.
- These were granted as dividend equivalents in connection with the cash dividend paid March 27, 2026 to holders of record as of March 13, 2026.
- Footnotes: F1 (DSUs) and F2 (RSUs) state these awards adjust previously granted vested units for declared/paid dividends and are vested and payable concurrent with the underlying units.
- Shares owned after the transaction are not specified in the provided summary of the filing.
Context
- These awards are dividend-equivalent adjustments to previously granted, vested DSUs/RSUs and are generally routine compensation/dividend settlement rather than open-market buying or selling. Because they are vested and payable concurrent with the underlying units, they do not represent a new vesting condition or an exercise/sale.