Uplinger Chad C 4
Research Summary
AI-generated summary
EnerSys (ENS) President Chad Uplinger Receives RSU Dividend Award
What Happened
- Chad C. Uplinger, President – Industrial Mobility at EnerSys (ENS), was granted dividend-equivalent Restricted Stock Units (RSUs) on July 2, 2026. The filing reports four awards of 1.155, 1.527, 4.653 and 6.058 RSUs (total 13.393 RSUs) at $0.00 per share (awarded, not purchased).
- These awards are dividend equivalents issued in connection with the company’s July 2, 2026 cash dividend and are tied to previously granted, unvested RSUs; no cash changed hands and this is not a market buy or sale.
Key Details
- Transaction date: July 2, 2026; Filing date: July 6, 2026 (Form 4 accession 0001437749-26-022780).
- Price: $0.00 (award/grant code A).
- Shares reported: 1.155 RSUs (F1), 1.527 RSUs (F2), 4.653 RSUs (F3), 6.058 RSUs (F4); total 13.393 RSUs.
- Shares owned after transaction: not disclosed in this filing.
- Footnotes:
- F1–F4: These are dividend-equivalent RSUs tied to underlying unvested RSUs granted on Aug 12, 2022 (1,003 RSUs), Aug 11, 2023 (1,326 RSUs), Aug 9, 2024 (4,040 RSUs), and Aug 8, 2025 (5,260 RSUs). The dividend RSUs are adjusted for prior dividends and will vest/pay concurrent with the underlying RSUs.
- No 10b5-1 plan, tax-withholding sale, or late-filing flag is indicated in the provided details.
Context
- These entries reflect dividend-equivalent awards (common when companies pay cash dividends and convert them into additional RSUs for unvested awards), not purchases or sales. Such awards are routine compensation/benefit adjustments and do not directly signal a buy or sell decision by the insider.
- For investors, awards like this increase the insider’s potential future holdings if the underlying RSUs vest, but they are different from open-market purchases which are often treated as stronger signals of insider confidence.