Form 4: Energizer Holdings Director Patrick J. Moore Reports Stock Unit Award

Director Patrick J. Moore reports the acquisition of restricted stock units in Energizer Holdings, Inc.

Summary

• Patrick J. Moore, a director of Energizer Holdings, Inc., filed a Form 4 with the SEC.
• The filing reports the acquisition of 4,335 Restricted Stock Units (RSUs) on January 2, 2025.
• These RSUs convert into common stock on a one-for-one basis and were awarded as an annual grant valued at $150,000.
• The RSUs vest and convert into shares one year from the grant date, unless Moore elects to defer conversion until retirement.
• The RSUs also vest and convert upon death, termination of service on the Board, or a Change of Control.
• Moore has also designated individuals to sign and file Forms 3, 4, and 5 on his behalf.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard compensation practices and aligns director interests with shareholders.

Positives

• The RSU award aligns the director's interests with those of the shareholders.
• The vesting schedule encourages continued service on the board.

Future Outlook

The RSUs will vest and convert into shares of common stock one year from the grant date, unless deferred.

Industry Context

Reporting of stock awards to company directors is a standard practice to ensure transparency and compliance with SEC regulations.

Stakeholder Impact

• Shareholders may view the RSU award positively as it aligns the director's interests with the company's performance.
• The award does not have a direct impact on employees, customers, suppliers, or creditors.

Key Dates