ENS.NYSEEnersys

Form 4: EnerSys Director Rudolph W. Wynter Receives Stock Units Following Dividend Payment

Sentiment:

SEC Form 4


📋All filings for Enersys

Director Rudolph W. Wynter receives additional stock units, including Deferred Stock Units (DSUs) and Restricted Stock Units (RSUs), following EnerSys's cash dividend payment.

Summary

  • Rudolph W. Wynter, a director at EnerSys, received additional shares of common stock on March 28, 2025, as a result of the cash dividend paid to stockholders.
  • The shares were granted in the form of Deferred Stock Units (DSUs) and Restricted Stock Units (RSUs).
  • These units are related to vested and unvested grants previously awarded to Wynter under the EnerSys Deferred Compensation Plan for Non-Employee Directors.
  • The total number of shares beneficially owned following the reported transactions is 11,040.4376.
  • The price of the acquired shares is $0.00, as they were granted in connection with the dividend.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, indicating a stable and well-managed company. The sentiment is neutral to slightly positive.

Positives

  • The receipt of stock units indicates continued alignment of the director's interests with those of the shareholders.
  • The granting of DSUs and RSUs as part of a dividend payment is a common practice for compensating board members.

Future Outlook

NA

Industry Context

This type of stock grant is a typical component of director compensation packages in publicly traded companies, aligning director interests with shareholder value.

Comparison to Industry Standards

  • Director compensation packages often include a mix of cash and equity, with the equity component designed to incentivize long-term value creation.
  • Companies like Johnson Controls and Clarios, which operate in related industries, also utilize stock-based compensation for their directors.
  • The specific mix of DSUs and RSUs can vary based on company policy and individual director agreements.

Stakeholder Impact

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

Key Dates

DateDescription
03/14/2025Record date for the cash dividend payment.
03/28/2025Transaction date for the acquisition of stock units.
04/01/2025Date of signature by Power of Attorney.

Keywords

EnerSys, Director, Rudolph W. Wynter, Stock Units, DSU, RSU, Dividend, Beneficial Ownership, Deferred Compensation Plan

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