Form 4: EnerSys Director Tamara Morytko Reports Stock Transactions

Director Tamara Morytko reports acquisition of EnerSys stock units through deferred compensation and matching contributions.

Summary

• On October 18, 2024, Tamara Morytko, a director of EnerSys, acquired 249 shares of EnerSys common stock at a price of $102.27 per share as part of the EnerSys Voluntary Deferred Compensation Plan for Non-Employee Directors.
• Additionally, Morytko acquired 50 shares as a matching stock unit contribution by EnerSys, with vesting occurring in four equal installments on January 18, 2025, April 18, 2025, July 18, 2025, and October 18, 2025.
• Following these transactions, Morytko's total holdings increased to 6,263.9235 shares, including an additional 299 stock units in the Plan.

Sentiment

Score: 7

Explanation: Routine director stock transactions are generally neutral to slightly positive, indicating alignment with shareholder interests.

Positives

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

Future Outlook

The matching stock units vest over the next year, subject to acceleration or cancellation upon certain events.

Industry Context

Director stock ownership is a common practice and is generally viewed positively by investors.

Related Party Transactions

• The stock units were granted as part of the EnerSys Voluntary Deferred Compensation Plan for Non-Employee Directors, which is a related party transaction.

Stakeholder Impact

• The director's increased stock ownership aligns her interests with those of shareholders.

Next Steps

• Continued vesting of matching stock units over the next year.

Key Dates