Form 4: EnerSys CEO David M. Shaffer Sells Shares in Multiple Transactions
SEC Form 4
EnerSys CEO David M. Shaffer executed multiple sales of EnerSys common stock on February 25, 2025, at prices ranging from $100.01 to $102.04.
Summary
- On February 25, 2025, David M. Shaffer, CEO of EnerSys, sold shares of EnerSys common stock.
- The sales were executed in multiple transactions at varying prices.
- Shaffer sold 1,561 shares at a weighted average price of $100.42, 3,991 shares at $101.37, and 137 shares at $102.03.
- Additionally, he sold 1,560 shares at a weighted average price of $100.42, 3,991 shares at $101.37, and 138 shares at $102.03.
- Following these transactions, Shaffer directly owns 77,086.1099 shares of EnerSys common stock.
- Shaffer also indirectly owns shares through irrevocable trusts for his adult children and shares owned by his spouse.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock sales by an executive. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company insider and provides transparency to the market regarding the executive's holdings.
Stakeholder Impact
- Shareholders may be interested in the CEO's stock transactions as an indicator of management's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 02/25/2025 | Date of stock sale transactions |
| 02/27/2025 | Date of signature by Power of Attorney |
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