Form 4: EnerSys Director Lauren Knausenberger Reports Acquisition and Disposal of Common Stock

Director Lauren Knausenberger reports acquiring 2,026 shares of EnerSys common stock as Deferred Stock Units (DSUs) and disposing of 2,026 shares on August 9, 2024.

Summary

• On August 9, 2024, Lauren Knausenberger, a director of EnerSys, acquired 2,026 shares of common stock as Deferred Stock Units (DSUs).
• The DSUs vest upon grant and are payable no earlier than six months following termination of service as a director.
• The director also disposed of 2,026 shares of common stock on the same day.
• The reporting was filed on August 13, 2024.

Sentiment

Score: 7

Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment, but reflects normal corporate governance procedures.

Risks

• The company has the right to clawback the value of the DSUs within one year following a termination of service upon the occurrence of certain events, which could impact the director's compensation.

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 impact on shareholders as it reflects standard executive compensation practices.

Key Dates