Form 4: EnerSys CFO Forfeits Shares Post-RSU Vesting
Insider Transaction Report
EnerSys's EVP & Chief Financial Officer, Andrea J. Funk, forfeited 603.2213 shares of common stock valued at $98.33 per share due to RSU vesting.
Summary
- Andrea J. Funk, the Executive Vice President and Chief Financial Officer of EnerSys (ENS), reported a transaction on August 16, 2025.
- The transaction involved the forfeiture of 603.2213 shares of EnerSys common stock.
- The shares were forfeited at a price of $98.33 per share.
- This forfeiture was in connection with the vesting of Restricted Stock Units (RSUs) that were granted to Ms. Funk on August 16, 2021.
- Following this transaction, Ms. Funk directly beneficially owns 58,102.7121 shares of EnerSys common stock.
Sentiment
Score: 5
Explanation: The filing reports a routine insider transaction related to executive compensation (RSU vesting and associated tax forfeiture). This is a neutral event with no direct positive or negative implications for the company's operational performance or strategic direction.
Future Outlook
NA
Industry Context
This filing is a routine disclosure of an insider transaction related to executive compensation, specifically the forfeiture of shares to cover tax obligations upon the vesting of Restricted Stock Units. It does not provide broader insights into industry trends or competitive landscape.
Stakeholder Impact
- Shareholders: Minimal direct impact as this is a routine compensation-related transaction for a single executive, not indicative of broader company performance or strategy.
- Employees: No direct impact beyond the reporting person.
Key Dates
| Date | Description |
|---|---|
| 08/16/2021 | Date Restricted Stock Units (RSUs) were granted to Andrea J. Funk. |
| 08/16/2025 | Date of transaction (forfeiture of shares due to RSU vesting). |
| 08/19/2025 | Date the Form 4 was signed by Power of Attorney. |
Keywords
EnerSys, ENS, Andrea J. Funk, CFO, Restricted Stock Units, RSU vesting, Share forfeiture, Insider transaction, Executive compensation
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