Hess Janice L. 4
Research Summary
AI-generated summary
ESCO Director Janice Hess Receives 1,349 Shares on RSU Vesting
What Happened
- Janice L. Hess, a director of ESCO Technologies, had 1,349 restricted stock units (RSUs) convert into 1,349 shares of ESE common stock on Feb 5, 2026 at the NYSE closing price of $238.40, representing $321,602. A remaining fractional RSU (0.254 share) was settled for cash of $60.
- This was a vesting/conversion of compensation awards (not an open-market buy or a discretionary sale).
Key Details
- Transaction date: 2026-02-05; price used: $238.40 per share.
- Converted/acquired: 1,349 shares = $321,602; fractional RSU cashed: 0.254 shares = $60.
- RSU grant date: February 5, 2025; vesting occurred one year later (per footnote).
- Filing date: 2026-02-06 (timely filing). Power of Attorney is on file.
- Shares owned after transaction: not specified in this filing.
- Notes: Footnote explains these entries represent vesting of RSUs, conversion of whole RSUs to shares, and cash settlement of the fractional RSU.
Context
- This is a routine equity-award vesting event (compensation), not a market purchase or sale by the director. The conversion increases Hess’s shareholdings via vested compensation; the fractional portion was simply cashed out. Such awards are common and do not necessarily signal an immediate trading view by the insider.