Esco Technologies (ESE) Director Janice Hess Receives RSU Award

What Happened

• Janice L. Hess, a director of Esco Technologies Inc. (ESE), was awarded 0.248 restricted share units (RSUs) on 2026-07-17. The RSUs are recorded at $318.52 per share for a total reported value of about $79 (derivative award, transaction code A). This was an award/dividend-equivalent grant, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-07-17; Form 4 filed: 2026-07-20.
• Transaction type: Award/Acquisition (code A); derivative securities (RSUs).
• Quantity & value: 0.248 RSUs × $318.52 = ~$79.
• Shares owned after transaction: Not disclosed in the filing.
• Footnote: F1 — These RSUs were issued in lieu of cash dividends on RSUs held by the reporting person. Each RSU is economically equivalent to one share; some RSUs representing dividends on unvested shares become payable when the underlying shares vest (or earlier if designated). Remaining RSUs convert to common stock (or cash) per the holder’s election or upon termination of service.
• Administrative note: “Power of Attorney on file” is listed in the filing.

Context

• This is a small, routine dividend-equivalent RSU award to a director and is typically administrative/compensatory rather than a signal of insider buying or selling. Derivative awards like RSUs differ from buys or sells because they reflect compensation or dividend reinvestment and do not necessarily indicate the holder’s market view.