Form 4: EnerSys Director Howard Hoffen Reports Acquisition of Common Stock

Director Howard Hoffen reports acquisition of EnerSys common stock in the form of Deferred Stock Units (DSUs) and Restricted Stock Units (RSUs) due to a cash dividend.

Summary

• On March 28, 2025, Howard Hoffen, a director of EnerSys, acquired common stock in the form of Deferred Stock Units (DSUs) and Restricted Stock Units (RSUs) due to a cash dividend.
• The director acquired 108.9506 shares in DSUs and 7.5123 shares in RSUs.
• These shares were granted in connection with the cash dividend paid on March 28, 2025, to stockholders of record as of March 14, 2025.
• The DSUs relate to 43,797 vested DSUs previously granted, and the RSUs relate to vested RSUs granted under the EnerSys Deferred Compensation Plan for Non-Employee Directors.
• Following the reported transactions, the director beneficially owns 45,183.1171 shares of common stock.
• The reporting person disclaims beneficial ownership except to the extent ultimately realized.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation and dividend payments, indicating a neutral to slightly positive sentiment due to alignment of interests.

Positives

• The acquisition of shares reflects continued alignment of the director's interests with those of the company and its shareholders.

Industry Context

This filing is a routine disclosure related to director compensation and stock ownership, common in publicly traded companies.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders by aligning director interests with company performance.

Key Dates

Keywords

EnerSys, Director, Howard Hoffen, Form 4, Beneficial Ownership, Common Stock, DSU, RSU, Dividend, Deferred Stock Units, Restricted Stock Units