VITALE ROBERT V 4
Research Summary
AI-generated summary
Energizer (ENR) Director Robert V. Vitale Receives 1,827-Unit Award
What Happened
Robert V. Vitale, a director of Energizer Holdings, received an award of 1,827 phantom stock units (derivative units) on 2026-03-31 at a per-unit value of $16.42, a grant valued at $29,999. This was an award (not an open-market purchase or sale) credited as part of deferred compensation rather than an immediate acquisition of common shares.
Key Details
- Transaction date: 2026-03-31; per-unit value: $16.42; total value: $29,999. (Transaction code A = Award/Grant)
- Shares owned after transaction: Not disclosed in the Form 4 filing.
- Footnote F1: The award represents a deferral of the annual retainer credited as additional Phantom Stock Units in the Energizer Stock Unit Fund of the company’s Deferred Compensation Plan.
- Footnote F2: Phantom Stock Units are payable in shares of common stock when the reporting person’s service on the Board ends.
- Filing timeliness: Report filed 2026-04-02 for a 2026-03-31 transaction; appears timely (Form 4 is typically due within two business days).
Context
Phantom stock units are a form of deferred compensation that track the economic value of common shares but do not immediately transfer voting rights or actual shares. They are commonly used for director compensation and do not necessarily signal a buy/sell view of the company’s stock — payout occurs later (here, upon termination of board service).