FLUDDER STEVEN M 4
Research Summary
AI-generated summary
EnerSys (ENS) Director Steven M. Fludder Receives 26.126-Share Award
What Happened
Steven M. Fludder, a non-employee director of EnerSys (ENS), was granted two awards on July 2, 2026 totaling 26.126 units: 19.945 Deferred Stock Units (DSUs) and 6.181 Restricted Stock Units (RSUs). Both grants were recorded at $0.00 per share (total reported value $0) because they were issued as dividend equivalents tied to existing vested awards.
Key Details
- Transaction date: July 2, 2026; Form 4 filed July 6, 2026.
- Grants: 19.945 DSUs (F1) and 6.181 RSUs (F2) — total 26.126 units. Price per unit reported: $0.00; total reported value: $0.
- Footnote F1: DSUs were granted as dividend equivalents related to 15,692 vested DSUs previously awarded; these DSUs are vested and payable concurrent with the underlying DSUs.
- Footnote F2: RSUs were granted as dividend equivalents related to vested RSUs under the EnerSys Deferred Compensation Plan for Non-Employee Directors; they are vested and payable concurrent with the underlying RSUs.
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Transaction type/code: A = Award/Grant (not an open-market purchase or sale).
Context
These awards are dividend-equivalent adjustments to previously granted, vested director awards (DSUs/RSUs) and are typically routine compensation/tax items for non-employee directors rather than active market purchases or sales. DSUs are deferred compensation payable later per plan terms; RSUs convert to shares or cash per the underlying award schedule.