Form 4: EnerSys Director Ronald P. Vargo Reports Changes in Beneficial Ownership Due to Dividend

Director Ronald P. Vargo reports changes in beneficial ownership of EnerSys common stock due to the granting of Deferred Stock Units (DSUs) and Restricted Stock Units (RSUs) in connection with a cash dividend.

Summary

• On March 29, 2024, EnerSys director Ronald P. Vargo reported changes in his beneficial ownership of the company's common stock.
• These changes are due to the granting of Deferred Stock Units (DSUs) and Restricted Stock Units (RSUs) in connection with a cash dividend paid on March 29, 2024, to stockholders of record as of March 15, 2024.
• The DSUs and RSUs were granted with respect to both vested and unvested units previously granted to Mr. Vargo under the EnerSys Deferred Compensation Plan for Non-Employee Directors.
• Following the reported transactions, Mr. Vargo beneficially owns 30,066.8714 shares of EnerSys common stock.

Sentiment

Score: 7

Explanation: The document is a standard regulatory filing detailing changes in stock ownership due to dividend payments. It doesn't contain any particularly positive or negative information, hence a neutral sentiment score.

Industry Context

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

Stakeholder Impact

• The granting of DSUs and RSUs as part of the dividend payment may have a minor positive impact on shareholder sentiment.

Key Dates