HOFFEN HOWARD I 4

What Happened

• Howard I. Hoffen, a non-employee director of EnerSys (ENS), was granted dividend-related equity awards on July 2, 2026. The filing shows two award entries: 56.846 Deferred Stock Units (DSUs) and 3.736 Restricted Stock Units (RSUs), all reported at $0.00 (no cash paid on grant). Total units awarded: 60.582.
• These awards are adjustments tied to previously granted, vested DSUs/RSUs and to a cash dividend paid July 2, 2026. This is an award/grant transaction (code A), not a purchase or sale.

Key Details

• Transaction date(s): July 2, 2026. Report filed: July 6, 2026 (the filing does not indicate a late filing issue).
• Price per share/unit: $0.00 (award/dividend adjustment — not a cash purchase).
• Total units: 56.846 DSUs + 3.736 RSUs = 60.582 units.
• Shares owned after transaction: Not stated in the provided Form 4 excerpt.
• Footnotes of note:
  • F1: DSUs granted as dividend equivalents tied to 44,723 vested DSUs previously granted; these DSUs are vested and payable concurrent with the underlying DSUs.
  • F2: RSUs granted as dividend equivalents with respect to vested RSUs under the EnerSys Deferred Compensation Plan for Non-Employee Directors; payable concurrent with underlying RSUs.
  • F3: Reporting person disclaims direct pecuniary interest and beneficial ownership except to the extent ultimately realized.
• Transaction type: Award/grant (A). No sale, purchase, or option exercise reported.

Context

• DSUs and RSUs are forms of deferred equity compensation commonly used for non-employee directors; these particular units are dividend-equivalent adjustments to previously granted, vested awards and typically vest/pay out according to the original award terms.
• Because this is a dividend-related grant (no cash exchanged and units are adjustments to vested awards), it should not be interpreted as an active buy or sell signal by the insider.