O'Connell Shawn M. 4
Research Summary
AI-generated summary
EnerSys (ENS) CEO Shawn M. O'Connell Receives RSU Dividend Awards
What Happened
- Shawn M. O'Connell, President and CEO of EnerSys (ENS), was granted a total of 43.488 shares in the form of restricted stock units (RSUs) on July 2, 2026.
- Each grant was reported at $0.00 (these are dividend-equivalent RSUs tied to previously issued unvested RSUs, not a cash purchase or market buy).
Key Details
- Transaction date: July 2, 2026; Form 4 filed July 6, 2026.
- Transaction type/code: Award/Grant (Code A) — RSUs issued as dividend equivalents.
- Shares acquired: 43.488 RSUs total (no cash paid; reported price $0.00).
- Breakdown: 2.101; 3.117; 6.515; 4.492; and 27.263 RSUs (five separate adjustments).
- Underlying unvested RSUs adjusted: 37,762 total (from grants on Aug 12, 2022; Aug 11, 2023; Aug 9, 2024; Nov 8, 2024; Aug 8, 2025).
- Vesting/payment: These dividend-equivalent RSUs will vest/pay concurrent with the underlying unvested RSUs.
- Shares owned after transaction: Not stated in the provided filing excerpt.
- Filing timing: Reported on July 6, 2026 for a July 2, 2026 transaction; Form 4s are typically due within two business days — check the full filing for any late-filing flag.
Context
- These are dividend-equivalent RSUs credited on existing unvested awards and are a routine corporate/compensation adjustment rather than an open-market purchase or sale. Such awards reflect company dividend policy applied to equity awards and do not necessarily indicate insider buying or selling intent.