Form 4: EnerSys Executive Forfeits Shares for Tax Withholding

An EnerSys executive forfeited over 300 shares of common stock to cover tax obligations related to the vesting of restricted stock units.

Summary

• Chad C. Uplinger, President, Motive Power Global at EnerSys, forfeited 307.5804 shares of EnerSys common stock.
• The forfeiture occurred on August 16, 2025, at a price of $98.33 per share.
• This transaction was a forfeiture to the issuer (EnerSys) to satisfy tax withholding obligations upon the vesting of Restricted Stock Units (RSUs).
• The RSUs were originally granted to Mr. Uplinger on August 16, 2021.
• Following this transaction, Mr. Uplinger beneficially owns 21,190.0707 shares of EnerSys common stock.

Sentiment

Score: 5

Explanation: The transaction is a routine, expected event related to executive compensation and tax withholding upon RSU vesting. It has a neutral impact on the company's operational or financial outlook.

Positives

• Vesting of Restricted Stock Units (RSUs) for the reporting person, indicating compensation realization.

Negatives

• Forfeiture of 307.5804 shares of common stock by the executive to cover tax withholding obligations.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: Minor, routine adjustment to insider shareholdings due to tax withholding.

Key Dates

Recommendation

This Form 4 filing details a routine forfeiture of shares by an executive to cover tax obligations upon the vesting of Restricted Stock Units. Such transactions are common and do not typically indicate any change in the company's fundamental performance, strategic direction, or financial health. Therefore, it provides no new information that would warrant a change in investment recommendation.

Keywords

EnerSys, ENS, Form 4, Insider Transaction, Stock Forfeiture, Restricted Stock Units, RSU, Executive Compensation