Form 4: ESCO Technologies Director Valdez Reports Share Transactions

Director Gloria L. Valdez reports the vesting and conversion of restricted share units (RSUs) into common stock, along with the disposition of fractional RSUs for cash.

Summary

• On February 8, 2025, Director Gloria L. Valdez vested 1,737 restricted share units (RSUs) of ESCO Technologies Inc.
• These RSUs were granted on February 8, 2024, and vested one year later.
• The vested RSUs were converted into an equivalent number of common stock shares.
• A fractional RSU was disposed of to the issuer for cash at a price of $158.57 per share, equivalent to the NYSE closing price on the vesting date.
• Following these transactions, Valdez directly owns 1,737 shares of common stock and 9,236.6351 restricted share units.
• The transactions were executed under Transaction Code M, indicating the vesting of derivative securities.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing detailing insider transactions, which is neutral to slightly positive as it reflects the director's continued stake in the company.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in company stock. It reflects standard compensation practices involving RSUs.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they represent routine vesting and conversion of RSUs.

Key Dates

Keywords

Form 4, Beneficial Ownership, Restricted Share Units, Common Stock, Director, ESCO Technologies, ESE, Valdez