Form 4: Energizer Holdings Director Robert Vitale Reports Acquisition of Phantom Stock Units
SEC Form 4 Filing
Director Robert Vitale reports acquisition of 1,033 phantom stock units in Energizer Holdings' Deferred Compensation Plan.
Summary
- Robert V. Vitale, a director of Energizer Holdings, Inc., reported the acquisition of 1,033 phantom stock units in the company's Deferred Compensation Plan on March 29, 2024.
- These units represent a deferral of his annual retainer and are economically equivalent to shares of common stock.
- The price per unit is $29.05.
- Following this transaction, Vitale beneficially owns 20,360 phantom stock units directly.
- These units are payable in shares of common stock upon termination of his service on the Board of Directors.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests between management and shareholders.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding director compensation and alignment of interests.
Key Dates
| Date | Description |
|---|---|
| 03/29/2024 | Date of transaction: Acquisition of phantom stock units. |
| 04/01/2024 | Date of report signature. |
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