Form 4: Energizer Holdings Director Increases Stake Through Deferred Compensation Plan

Rebecca Frankiewicz, a Director at Energizer Holdings, Inc., acquired 1,240 phantom stock units valued at $20.16 each through a deferred compensation plan, increasing her total beneficial ownership to 14,830 units.

Summary

• Rebecca Frankiewicz, a Director of Energizer Holdings, Inc. (ENR), acquired 1,240 phantom stock units.
• The acquisition occurred on June 30, 2025.
• Each phantom stock unit was valued at $20.16.
• These units were acquired as a deferral of her annual retainer into the Company's Deferred Compensation Plan.
• Following this transaction, Ms. Frankiewicz beneficially owns a total of 14,830 phantom stock units.
• Phantom stock units are the economic equivalent of one share of common stock and are payable in shares of common stock upon the termination of her service on the Board of Directors.

Sentiment

Score: 6

Explanation: The acquisition of phantom stock units by a director through a deferred compensation plan is a routine transaction that aligns the director's interests with shareholders, indicating a positive commitment to the company's long-term performance.

Positives

• Director Rebecca Frankiewicz increased her beneficial ownership in Energizer Holdings by acquiring 1,240 phantom stock units, aligning her interests further with shareholders.
• The acquisition through a deferred compensation plan demonstrates a commitment to long-term investment in the company by a key board member.

Negatives

• No specific negative aspects are indicated in this routine compensation deferral filing.

Risks

• No specific risks related to company operations or financial health are disclosed in this Form 4 filing.

Future Outlook

The phantom stock units are payable in shares of common stock upon the termination of Rebecca Frankiewicz's service on the Company's Board of Directors.

Management Comments

• No direct quotes or paraphrased statements from company management are included in this Form 4 filing.

Industry Context

This Form 4 filing details a routine insider transaction related to director compensation, which is common across publicly traded companies. It does not provide information relevant to broader industry trends or competitive dynamics within the consumer goods or battery sectors where Energizer Holdings operates.

Comparison to Industry Standards

• This filing is a standard disclosure of an insider transaction, specifically a director's compensation deferral into equity-linked units. Such compensation structures, including phantom stock or restricted stock units, are common practices for board members across various industries to align their interests with shareholders. No specific comparable companies or projects are detailed in this filing to allow for a direct comparison of results.

Related Party Transactions

• The transaction involves the deferral of a director's annual retainer into phantom stock units, which is a form of compensation from the company to a related party (a director).

Stakeholder Impact

• Shareholders: The acquisition of phantom stock units by a director aligns their interests with shareholders, potentially fostering a long-term perspective on company performance.

Next Steps

• Phantom Stock Units will be converted to shares of common stock and paid out upon the termination of Rebecca Frankiewicz's service on the Board of Directors.

Key Dates

Keywords

Energizer Holdings, ENR, Rebecca Frankiewicz, Form 4, Insider Transaction, Phantom Stock Units, Deferred Compensation, Director Compensation, Beneficial Ownership