Chan Caroline 4
Research Summary
AI-generated summary
EnerSys Director Caroline Chan Receives 24-Share DSU Award
What Happened
Caroline Chan, a director of EnerSys (ENS), was granted 24 shares in the form of Deferred Stock Units (DSUs) on March 27, 2026. The grant was recorded at $0.00 per share (no cash exchanged). These 24 DSUs represent dividend-equivalent adjustments tied to previously granted, vested DSUs and are payable concurrent with the underlying DSUs — this is an award/grant, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-03-27 (reported on Form 4 filed 2026-03-31). Filing was timely.
- Transaction type/code: A — Award/Grant; 24 shares at $0.00 each (total reported value $0).
- Related holdings: The grant relates to 15,668 vested DSUs previously awarded to the reporting person and adjusted for declared/paid cash dividends; the filing does not list total common shares owned after this grant.
- Footnotes: F1 — DSUs granted as dividend equivalents and payable concurrent with underlying DSUs. F2 — figures adjusted for a prior arithmetic error.
Context
DSUs are deferred compensation units that typically convert to shares or cash at a future payout date and do not represent immediate open-market buying or selling. This small, dividend-related DSU grant is a routine administrative adjustment rather than an indicator of a director buying or selling company stock.