Form 4: EnerSys CEO David M. Shaffer Reports Stock Gifts to Spouse and Trusts

EnerSys CEO David M. Shaffer reported gifting shares of common stock to his spouse and irrevocable trusts for his adult children on February 7, 2025.

Summary

• On February 7, 2025, David M. Shaffer, CEO of EnerSys, reported transactions involving EnerSys common stock.
• Shaffer gifted 129,834 shares of common stock directly to his spouse.
• He also gifted 64,917 shares each to two irrevocable trusts established for his adult children.
• The transactions were reported on Form 4, filed with the SEC on February 11, 2025.
• Following these transactions, Shaffer directly owns 77,086.1099 shares of EnerSys common stock.
• Shaffer also indirectly owns 64,917 shares through each of the two irrevocable trusts and 129,834 shares through his spouse.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock transactions. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider and is a common occurrence in the corporate world.

Stakeholder Impact

• The stock gifts may have a minor impact on shareholders due to the change in ownership structure, but it is unlikely to be significant.

Key Dates