EnerSys·4

Mar 31, 4:37 PM ET

Funk Andrea J. 4

Research Summary

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EnerSys (ENS) CFO Andrea J. Funk Receives RSU Dividend Award

What Happened

  • Andrea J. Funk, Executive Vice President and Chief Financial Officer of EnerSys (ENS), was granted a total of 66.067 restricted stock units (RSUs) as dividend-equivalent awards on March 27, 2026. The awards were recorded at $0.00 per share (dividend equivalents), so the reported acquisition value is $0. These RSUs were issued in connection with the cash dividend paid to stockholders and will vest/pay concurrently with the underlying unvested RSU grants.

Key Details

  • Transaction date and price: March 27, 2026 — five awards totaling 66.067 RSUs at $0.00 (transaction code A = award/grant).
    • Individual award amounts: 3.639; 5.398; 9.209; 30.694; 17.127 RSUs.
  • Related underlying grants: awards are dividend equivalents tied to unvested RSUs from grants on Aug 12, 2022; Aug 11, 2023; Aug 9, 2024; May 23, 2025; and Aug 8, 2025 (see filing footnotes).
  • Adjustment note: one footnote (F2) indicates an arithmetic adjustment for a prior error.
  • Shares owned after transaction: not specified in the provided Form 4 excerpt.
  • Filing timeliness: Form 4 filed Mar 31, 2026 — within the required reporting window (timely).

Context

  • These transactions are dividend-equivalent RSU grants, not open-market purchases or sales. They represent additional RSUs credited because of the company dividend and will vest/pay with the underlying RSUs; they do not reflect a direct cash purchase or sale by the insider. Such awards are routine compensation adjustments and do not, by themselves, indicate insider buying or selling intent.