Uplinger Chad C 4
Research Summary
AI-generated summary
EnerSys (ENS) President Chad Uplinger Receives RSU Dividend Award
What Happened
- Chad C. Uplinger, President — Motive Power Global at EnerSys (ENS), was awarded a total of 18.932 shares on March 27, 2026 as dividend-equivalent Restricted Stock Units (RSUs). The award entries were for 1.633, 2.159, 6.577 and 8.563 shares, each reported at $0.00 (no cash paid). These RSUs are granted in connection with the company’s March 27, 2026 cash dividend and will vest/pay out concurrent with the underlying unvested RSU grants.
Key Details
- Transaction date: March 27, 2026; Form 4 filed March 31, 2026 (timely filing).
- Transaction type/code: Award/Grant (A) — dividend-equivalent RSUs; price reported $0.00.
- Shares awarded: 1.633 + 2.159 + 6.577 + 8.563 = 18.932 RSU shares total.
- Shares owned after transaction: Not specified in the provided excerpt of the filing.
- Footnotes: Awards are dividend equivalents tied to specific unvested RSU grants from Aug 12, 2022 (1,001 RSUs), Aug 11, 2023 (1,324 RSUs), Aug 9, 2024 (4,034 RSUs) and Aug 8, 2025 (5,252 RSUs); one award was adjusted for a prior arithmetic error (F2). All will be payable concurrent with the underlying RSUs.
- Filing timeliness: Transaction reported within a few days (Form 4 filed March 31 for March 27 transactions).
Context
- These entries are dividend-equivalent RSU credits (company converted the cash dividend into additional RSU shares for unvested grants). Such awards are not open-market purchases or sales and typically reflect dividend policy and equity plan mechanics rather than a direct insider market signal.