Research Summary
AI-generated summary of this SEC filing
EnerSys (ENS) Director David C. Habiger Receives Award
What Happened
- David C. Habiger, a non-employee director of EnerSys (ENS), was granted 143 stock units on 2026-07-16 in lieu of cash board fees; those units immediately vested. The filing values those 143 units at $195.30 each for a total of $27,928.
- The filing also reports 28 matching stock units contributed by EnerSys for Habiger’s account in the EnerSys Voluntary Deferred Compensation Plan for Non-Employee Directors. Those 28 units show a $0 acquisition price in the filing because they are a company match, not a cash purchase.
Key Details
- Transaction date: 2026-07-16; Filing date: 2026-07-17 (timely).
- Transaction type/code: Award/Grant (A).
- 143 units acquired at $195.30 each (total ~$27,928); 28 matching units at $0.00.
- Vesting: the 143 units immediately vested. The 28 matching units vest 25% on each of Oct 16, 2026; Jan 16, 2027; Apr 16, 2027; and Jul 16, 2027 (subject to acceleration/cancellation per the plan).
- Shares owned after transaction: the filing does not report total beneficial ownership; it notes an additional 28 stock units were added to Habiger’s Plan account and that each unit represents a right to one share payable upon termination as defined in the Plan.
- No indication of a 10b5-1 plan or cashless sale; this was compensation, not an open-market trade.
Context
- This was director compensation (stock units in lieu of cash) rather than a purchase or sale on the open market. Such grants are routine for non-employee directors and primarily reflect compensation structure, not a direct market signal.