Form 4: EnerSys Director Lauren Knausenberger Acquires Shares Through Deferred Compensation Plan

Director Lauren Knausenberger acquired EnerSys common stock through the company's Voluntary Deferred Compensation Plan for Non-Employee Directors.

Summary

• On April 10, 2025, Lauren Knausenberger, a director of EnerSys, acquired 315 shares of common stock at $81.03 per share in lieu of cash fees through the EnerSys Voluntary Deferred Compensation Plan for Non-Employee Directors.
• Additionally, she received 63 matching stock units from EnerSys in the same plan.
• These matching stock units vest 25% on each of July 10, 2025, October 10, 2025, January 10, 2026 and April 10, 2026, subject to acceleration or cancellation upon certain events.
• Following these transactions, Knausenberger beneficially owns 2,356.2853 shares of common stock directly and has an additional 378 stock units in the Plan, each representing a right to receive one share of EnerSys common stock upon termination as defined in the Plan.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction within a standard compensation plan, indicating a neutral to slightly positive sentiment due to the director's increased stake in the company.

Positives

• The director's participation in the deferred compensation plan demonstrates confidence in the company's future performance.
• The matching stock unit contribution by EnerSys incentivizes long-term commitment from the director.

Risks

• The vesting of the matching stock units is subject to acceleration or cancellation upon the occurrence of certain events, which are not specified in the document.

Future Outlook

The document does not contain specific forward-looking statements, but the vesting schedule of the matching stock units suggests a continued relationship between the director and the company.

Industry Context

Directors receiving stock as part of their compensation is a common practice to align their interests with those of shareholders. Deferred compensation plans are also frequently used to incentivize long-term commitment.

Comparison to Industry Standards

• Stock-based compensation for directors is a common practice across various industries, including companies like Tesla, Apple, and Microsoft.
• The amount of stock granted varies depending on the company's size, performance, and compensation policies.
• Deferred compensation plans are also widely used, with vesting schedules typically ranging from one to four years.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with the company's performance.

Key Dates

Keywords

EnerSys, Director, Stock Acquisition, Deferred Compensation Plan, ENS, Lauren Knausenberger, Stock Units, Beneficial Ownership