Form 4: EnerSys Executive Forfeits Shares Post-RSU Vesting
Insider Transaction Report
EnerSys President of Motive Power Global, Chad C. Uplinger, reported the forfeiture of 434.0571 common shares related to RSU vesting.
Summary
- Chad C. Uplinger, President of Motive Power Global at EnerSys, reported a change in beneficial ownership.
- On August 12, 2025, 434.0571 shares of common stock were forfeited.
- The forfeiture occurred at a price of $95.39 per share.
- This forfeiture is linked to the vesting of Restricted Stock Units (RSUs) granted to Mr. Uplinger on August 12, 2022.
- Following this transaction, Mr. Uplinger directly beneficially owns 21,497.6511 shares of EnerSys common stock.
Sentiment
Score: 5
Explanation: This Form 4 reports a routine insider transaction related to the vesting of Restricted Stock Units and subsequent forfeiture of shares for tax purposes. It does not indicate any material positive or negative developments for EnerSys.
Positives
- Vesting of Restricted Stock Units (RSUs) for Chad C. Uplinger, indicating continued executive compensation and retention.
Negatives
- No direct negatives for the company are indicated by this routine compliance filing.
Risks
- NA
Future Outlook
NA
Management Comments
- NA
Industry Context
This is a routine insider transaction filing, common across all industries for executives receiving equity compensation. It does not provide specific industry context.
Comparison to Industry Standards
- NA
Legal Proceedings
- NA
Related Party Transactions
- NA
Stakeholder Impact
- Shareholders: Minimal direct impact as this is a routine compensation event.
- Management: Chad C. Uplinger's beneficial ownership remains substantial, indicating continued alignment with shareholder interests.
Next Steps
- NA
Key Dates
| Date | Description |
|---|---|
| 08/12/2022 | Date Restricted Stock Units (RSUs) were granted to Chad C. Uplinger. |
| 08/12/2025 | Date of forfeiture transaction of common stock related to RSU vesting. |
| 08/14/2025 | Date the Form 4 was signed by John Yarbrough, by Power of Attorney. |
Keywords
EnerSys, ENS, Form 4, Chad C. Uplinger, insider transaction, beneficial ownership, restricted stock units, RSU, stock forfeiture, executive compensation
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