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Dividend-linked DSU grant boosts EnerSys (NYSE: ENS) director stake

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

EnerSys director Caroline Chan reported a routine equity grant. She acquired 23.9995 shares of common stock in the form of deferred stock units (DSUs) at a price of $0.00 per share, issued in connection with a cash dividend paid on March 27, 2026 to stockholders of record as of March 13, 2026. The grant relates to 15,668 vested DSUs previously awarded to her and adjusted for past dividends and an arithmetic correction. Following this DSU dividend-equivalent grant, her directly held position increased to 15,691.9995 shares.

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Insider Chan Caroline
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 24 $0.00 --
Holdings After Transaction: Common Stock — 15,692 shares (Direct)
Footnotes (1)
  1. These shares were granted in the form of Deferred Stock Units ("DSUs"), in connection with the cash dividend paid on March 27, 2026, to stockholders of record as of March 13, 2026 (the "Dividend"), with respect to 15,668 vested DSUs granted to the reporting person on various dates and adjusted for previously declared and paid cash dividends. These DSUs are vested and payable concurrent with the underlying DSUs. Adjusted for previous arithmetic error.
DSUs granted 23.9995 units Deferred stock units granted on March 27, 2026 dividend
Total holdings after grant 15,691.9995 shares Common stock equivalent following DSU grant to director
Underlying vested DSUs 15,668 units Previously vested DSUs used to calculate dividend DSUs
Dividend payment date March 27, 2026 Cash dividend date used for DSU grant calculation
Dividend record date March 13, 2026 Stockholders of record date for related cash dividend
Transaction price per share $0.00 per share Non-cash DSU grant to director
Deferred Stock Units financial
"These shares were granted in the form of Deferred Stock Units ("DSUs"), in connection with the cash dividend..."
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
DSUs financial
"with respect to 15,668 vested DSUs granted to the reporting person on various dates..."
DSUs, or Deferred Share Units, are a form of long-term pay where employees or directors receive a promise of company shares or cash at a later date instead of immediate salary. Think of them as an IOU for future stock that vests over time and converts into actual shares or cash, so they matter to investors because they can increase the number of outstanding shares (dilution) and reveal how management’s pay is tied to company performance.
cash dividend financial
"in connection with the cash dividend paid on March 27, 2026, to stockholders of record as of March 13, 2026..."
A cash dividend is a payment made by a company to its shareholders directly in money, usually on a regular schedule. It is a way for investors to receive a portion of the company's profits, similar to earning interest or a bonus for holding the company's stock. Cash dividends provide income to shareholders and can indicate the company's financial health and stability.
vested financial
"These DSUs are vested and payable concurrent with the underlying DSUs."
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Chan Caroline

(Last)(First)(Middle)
2366 BERNVILLE ROAD

(Street)
READING PENNSYLVANIA 19605

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
EnerSys [ ENS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/27/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock03/27/2026A23.9995(1)A$015,691.9995(2)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. These shares were granted in the form of Deferred Stock Units ("DSUs"), in connection with the cash dividend paid on March 27, 2026, to stockholders of record as of March 13, 2026 (the "Dividend"), with respect to 15,668 vested DSUs granted to the reporting person on various dates and adjusted for previously declared and paid cash dividends. These DSUs are vested and payable concurrent with the underlying DSUs.
2. Adjusted for previous arithmetic error.
/s/ John Yarbrough by Power of Attorney03/31/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did EnerSys (ENS) director Caroline Chan report?

Caroline Chan reported receiving 23.9995 deferred stock units tied to EnerSys common stock. The units were granted as a stock-based adjustment linked to a cash dividend, increasing her directly held position to 15,691.9995 shares-equivalent after the transaction.

How were the 23.9995 EnerSys deferred stock units for Caroline Chan calculated?

The 23.9995 DSUs were granted in connection with a cash dividend paid March 27, 2026. They were based on 15,668 vested DSUs already held by Caroline Chan and were adjusted for previously declared and paid cash dividends, including a correction of an earlier arithmetic error.

What dividend dates are referenced in Caroline Chan’s EnerSys Form 4?

The grant relates to a cash dividend paid on March 27, 2026, to EnerSys stockholders of record as of March 13, 2026. Her DSU position was adjusted to reflect this dividend on already vested units, resulting in the additional 23.9995 DSUs reported.

Are the EnerSys deferred stock units granted to Caroline Chan vested?

Yes, the filing states these deferred stock units are vested and payable concurrent with the underlying DSUs. That means the new 23.9995 DSUs follow the same payout timing as the original 15,668 vested DSUs already credited to Caroline Chan.

What is Caroline Chan’s EnerSys share position after the reported DSU grant?

After receiving the 23.9995 deferred stock units, Caroline Chan’s directly held EnerSys common stock equivalent increased to 15,691.9995 shares. This total reflects vested DSUs plus the new dividend-related DSUs disclosed in the Form 4 filing.

Was any cash involved in Caroline Chan’s EnerSys DSU grant?

No cash changed hands in the DSU grant itself; the transaction price per share is shown as $0.00. The additional 23.9995 deferred stock units were issued as a stock-based adjustment tied to a previously paid cash dividend on EnerSys common stock.