EnerSys CEO Shawn O'Connell Forfeits Shares to Cover Taxes

What Happened

• Shawn M. O'Connell, President & CEO and a director of EnerSys (ENS), had a total of 1,385 shares withheld to satisfy tax liabilities tied to vested restricted stock units (RSUs). On 2026-08-11, 590 shares were withheld at $186.30 each (value $109,917). On 2026-08-12, 795 shares were withheld at $186.21 each (value $148,037). Combined value of withheld shares ≈ $257,954. These were tax-withholding dispositions (code F), not open-market sales.

Key Details

• Transaction dates and prices:
  • 2026-08-11: 590 shares @ $186.30 — $109,917 (withheld)
  • 2026-08-12: 795 shares @ $186.21 — $148,037 (withheld)
• Filing: Form 4 filed 2026-08-13 reporting the 2026-08-11/12 transactions (filed within the typical 2-business-day window).
• Footnotes: F1 — shares forfeited in connection with RSUs granted Aug 11, 2023; F2 — shares forfeited in connection with RSUs granted Aug 12, 2022.
• Shares owned after the transactions: not specified in the provided filing details.

Context

• These transactions are routine tax-withholding events when RSUs vest; withheld shares are used to satisfy tax obligations rather than sold on the open market, so they generally do not signal a change in the insider’s view of the company. This was not an option exercise or a 10% owner transaction.