Dewar Patrick M 4
Research Summary
AI-generated summary
ESCO Technologies (ESE) Director Patrick M. Dewar Receives RSU Award
What Happened
- Patrick M. Dewar, a director of ESCO Technologies, received an award of 6.027 restricted share units (RSUs) on April 17, 2026. The filing shows an acquisition value calculated at $314.92 per share, totaling approximately $1,898. The transaction is reported as an Award/Grant (code A) and is a derivative acquisition (RSUs, not direct common stock).
Key Details
- Transaction date: 2026-04-17; Form 4 filed 2026-04-20 (timely filing).
- Price/value used: $314.92 per share; total value ≈ $1,898.
- Shares acquired: 6.027 RSUs (derivative securities).
- Shares owned after transaction: Not specified in this Form 4.
- Footnote: RSUs were issued in lieu of cash dividends on RSUs held by the reporting person. Each RSU is economically equivalent to one share; payout may occur in common stock and/or cash per the award terms.
- Administrative note: Power of Attorney on file (signature/filing handled by POA).
Context
- This was an award of dividend-equivalent RSUs rather than an open-market purchase or sale. Such dividend-equivalent RSU grants are typically routine compensation/administrative actions and do not directly signal buying or selling intent.