EnerSys (NYSE: ENS) CEO awarded RSUs tied to cash dividend
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
EnerSys President and CEO Shawn M. O'Connell reported multiple small stock awards linked to a recent cash dividend. On March 27, 2026, he acquired additional shares of EnerSys common stock in the form of restricted stock units (RSUs) that were granted as dividend equivalents on existing unvested RSUs.
The footnotes explain these RSUs relate to prior grants from August 12, 2022, August 11, 2023, August 9, 2024, November 8, 2024, and August 8, 2025, and are adjusted for previously declared and paid cash dividends. These RSUs will vest and be payable at the same time as their underlying RSUs. After these awards, O'Connell directly holds a total of 71,539.4722 shares of EnerSys common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
O'Connell Shawn M.
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2.97 | $0.00 | -- |
| Grant/Award | Common Stock | 4.406 | $0.00 | -- |
| Grant/Award | Common Stock | 9.209 | $0.00 | -- |
| Grant/Award | Common Stock | 6.35 | $0.00 | -- |
| Grant/Award | Common Stock | 38.537 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 71,480.97 shares (Direct)
Footnotes (1)
- These shares were granted in the form of Restricted Stock Units ("RSUs"), 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 1,822 unvested RSUs granted to the reporting person on August 12, 2022, and adjusted for previously declared and paid cash dividends. These RSUs will vest and are payable concurrent with the underlying RSUs. Adjusted for previous arithmetic error. These shares were granted in the form of RSUs, in connection with the Dividend, with respect to 2,702 unvested RSUs granted to the reporting person on August 11, 2023, and adjusted for previously declared and paid cash dividends. These RSUs will be payable concurrent with the underlying RSUs. These shares were granted in the form of RSUs, in connection with the Dividend, with respect to 5,648 unvested RSUs granted to the reporting person on August 9, 2024, and adjusted for previously declared and paid cash dividends. These RSUs will be payable concurrent with the underlying RSUs. These shares were granted in the form of RSUs, in connection with the Dividend, with respect to 3,895 unvested RSUs granted to the reporting person on November 8, 2024, and adjusted for previously declared and paid cash dividends. These RSUs will be payable concurrent with the underlying RSUs. These shares were granted in the form of RSUs, in connection with the Dividend, with respect to 23,636 unvested RSUs granted to the reporting person on August 8, 2025, and adjusted for previously declared and paid cash dividends. These RSUs will be payable concurrent with the underlying RSUs.
Key Figures
Shares after transactions: 71,539.4722 shares
Largest single RSU dividend grant: 38.5367 shares
Number of acquisition entries: 5 transactions
+1 more
4 metrics
Shares after transactions
71,539.4722 shares
Direct EnerSys common stock holdings following RSU awards
Largest single RSU dividend grant
38.5367 shares
Dividend-equivalent RSUs tied to 23,636 unvested RSUs from August 8, 2025 grant
Number of acquisition entries
5 transactions
Form 4 non-derivative RSU grant/award acquisitions on March 27, 2026
Small RSU adjustment
2.9702 shares
Dividend-equivalent RSUs tied to 1,822 unvested RSUs from August 12, 2022, adjusted for arithmetic error
Key Terms
Restricted Stock Units ("RSUs"), cash dividend, stockholders of record, unvested RSUs, +1 more
5 terms
Restricted Stock Units ("RSUs") financial
"These shares were granted in the form of Restricted Stock Units ("RSUs"), in connection with the cash dividend"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
cash dividend financial
"in connection with the cash dividend paid on March 27, 2026, to stockholders of record"
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.
stockholders of record financial
"cash dividend paid on March 27, 2026, to stockholders of record as of March 13, 2026"
Stockholders of record are the people or entities whose names appear on a company's official shareholder list on a specific cutoff date set by the company or its transfer agent; only those listed are entitled to receive dividends, vote at shareholder meetings, or participate in other corporate actions. Think of it like a guest list for an event: being on the list on the set day determines who gets the benefits and rights, so investors must own shares before the cutoff to qualify.
unvested RSUs financial
"with respect to 1,822 unvested RSUs granted to the reporting person on August 12, 2022"
dividend equivalents financial
"These RSUs were granted in the form of RSUs, in connection with the Dividend, with respect to unvested RSUs"
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
FAQ
What insider transaction did EnerSys (ENS) CEO Shawn M. O'Connell report?
EnerSys CEO Shawn M. O'Connell reported acquiring additional shares through restricted stock units granted as dividend equivalents. These RSUs were issued in connection with a March 27, 2026 cash dividend and relate to several prior unvested RSU grants awarded between 2022 and 2025.
Why did EnerSys (ENS) grant RSUs to the CEO on March 27, 2026?
The RSUs were granted in connection with a cash dividend paid on March 27, 2026 to stockholders of record as of March 13, 2026. They function as dividend equivalents on existing unvested RSUs, adjusting those awards so the holder receives comparable value to cash dividends.
How are the new EnerSys RSUs for Shawn M. O'Connell structured to vest?
The newly granted EnerSys RSUs for Shawn M. O'Connell will vest and be payable concurrent with their underlying RSU grants. Each dividend-equivalent RSU block is tied to a specific prior grant date, and it follows the same vesting and payment schedule as that original RSU award.
Which prior RSU grants were adjusted by EnerSys (ENS) in this Form 4?
The dividend-equivalent RSUs relate to unvested RSUs originally granted on August 12, 2022, August 11, 2023, August 9, 2024, November 8, 2024, and August 8, 2025. Each set was adjusted for previously declared and paid cash dividends, as described in the filing footnotes.