EnerSys (ENS) CFO forfeits 2,051 shares tied to RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
EnerSys EVP and CFO Andrea J. Funk reported a routine share disposition related to equity compensation. On May 23, 2026, 2,051 shares of common stock were forfeited at $232.24 per share to cover tax obligations tied to the vesting of Restricted Stock Units granted on May 23, 2025.
After this tax-withholding disposition, Funk directly holds 56,288 shares of EnerSys common stock, indicating she retains a substantial equity stake following the RSU vesting event.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Funk Andrea J.
Role
EVP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,051 | $232.24 | $476K |
Holdings After Transaction:
Common Stock — 56,288 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares forfeited for taxes: 2,051 shares
Price per share reference: $232.24 per share
Shares held after transaction: 56,288 shares
+1 more
4 metrics
Shares forfeited for taxes
2,051 shares
Tax-withholding disposition on May 23, 2026
Price per share reference
$232.24 per share
Value used for 2,051-share forfeiture
Shares held after transaction
56,288 shares
Direct EnerSys common stock holdings after disposition
Tax-withholding transactions
1 transaction, 2,051 shares
Form 4 transaction summary classification
Key Terms
Restricted Stock Units, tax-withholding disposition, Payment of exercise price or tax liability by delivering securities, Common Stock
4 terms
Restricted Stock Units financial
"Shares were forfeited in connection with the vesting of Restricted Stock Units granted to the reporting person"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Payment of exercise price or tax liability by delivering securities financial
"transaction_code_description": "Payment of exercise price or tax liability by delivering securities""
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did EnerSys (ENS) CFO Andrea Funk report in this Form 4?
EnerSys CFO Andrea Funk reported a routine tax-related share disposition. She forfeited 2,051 common shares to cover obligations from vesting Restricted Stock Units, while continuing to hold 56,288 shares directly after the transaction.
Is the EnerSys (ENS) CFO’s Form 4 transaction an open-market sale?
No, the transaction is not an open-market sale. It is a tax-withholding disposition, where 2,051 shares were forfeited to satisfy tax obligations arising from the vesting of previously granted Restricted Stock Units.
What is the significance of the Restricted Stock Units in this EnerSys (ENS) filing?
The Restricted Stock Units triggered the share forfeiture when they vested. Units granted to Andrea Funk on May 23, 2025 vested, and 2,051 resulting shares were surrendered to cover tax liabilities, which is a common feature of equity-based compensation.