ENS.NYSEEnersys

Form 4: EnerSys CFO Forfeits Shares for RSU Tax Obligations

Sentiment:

Insider Transaction Report

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EnerSys EVP & CFO Andrea J. Funk forfeited 967.5422 shares of common stock to cover tax obligations related to the vesting of Restricted Stock Units.

Summary

  • Andrea J. Funk, Executive Vice President and Chief Financial Officer of EnerSys, reported a transaction on August 12, 2025.
  • The transaction involved the forfeiture of 967.5422 shares of EnerSys Common Stock at a price of $95.39 per share.
  • This forfeiture was in connection with the vesting of Restricted Stock Units (RSUs) granted to Ms. Funk on August 12, 2022, a common practice to cover tax liabilities associated with RSU vesting.
  • Following this transaction, Ms. Funk directly beneficially owns 58,705.9334 shares of EnerSys Common Stock.

Sentiment

Score: 5

Explanation: The transaction is a routine forfeiture of shares to cover tax obligations upon RSU vesting, which is a standard practice for executive compensation and does not indicate a significant positive or negative operational or financial event.

Positives

  • The vesting of Restricted Stock Units (RSUs) indicates the fulfillment of performance or time-based conditions, aligning executive interests with shareholder value.

Negatives

  • The forfeiture of shares, while for tax purposes, reduces the direct beneficial ownership of the EVP & CFO by 967.5422 shares.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

  • Shareholders: Minimal direct impact as this is a routine compensation-related transaction and does not reflect changes in company operations or strategy.

Key Dates

DateDescription
08/12/2022Date Restricted Stock Units were granted to Andrea J. Funk.
08/12/2025Date of transaction, involving the forfeiture of shares upon RSU vesting.
08/14/2025Date the Form 4 was signed by John Yarbrough, by Power of Attorney.

Recommendation

hold

This Form 4 filing details a routine forfeiture of shares by a company executive to cover tax obligations upon the vesting of Restricted Stock Units. Such transactions are standard practice for executive compensation and do not provide new information that would alter the fundamental investment thesis for EnerSys. Therefore, a 'hold' recommendation is maintained, pending further operational or financial news.

Keywords

EnerSys, ENS, Form 4, Insider Transaction, Executive Compensation, Restricted Stock Units, RSU, Share Forfeiture, Andrea J. Funk

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