Uplinger Chad C., President of Industrial Mobility at EnerSys (ENS), has filed 38 Form 4 transactions with the SEC, all involving the single ticker. The pattern is overwhelmingly one-sided: he has recorded zero open-market purchases and zero acquisitions of shares, while his total open-market sales reached $1,015,084.92. The most recent selling activity occurred on December 10, 2025, when two sales were executed—one for $735,944.14 and another for $279,140.78—bringing that day’s total to just over $1 million. Those sales were paired with option exercises (coded M) valued at $504,024.07 and $174,550.53, indicating the shares sold were sourced from exercised options rather than newly acquired stock.
The broader filing history reinforces a compensation-driven pattern rather than discretionary trading. The majority of recent filings are grants (coded A) with zero dollar value, clustered on dates such as July 2, 2026, March 27, 2026, and December 26, 2025. These are routine equity awards, not purchases. Additionally, several November 11, 2025 filings show shares withheld to cover taxes (coded F) totaling $385,224.60, $239,033.25, and $452,292.48, alongside corresponding option exercises (coded M) of $315,275.54, $175,130.97, and $319,527.04. This mechanical sequence—exercise, withhold, sell—is typical of an executive monetizing vested options, not a signal of conviction.
In the most recent two-trade window, the bias is clearly toward selling, with no buys recorded. The absence of any P-coded purchases across all 38 filings suggests Uplinger has never used personal capital to acquire ENS shares on the open market. His activity is entirely composed of awards, exercises, tax withholdings, and sales—a profile consistent with an executive managing equity compensation rather than actively positioning in the stock. The December 10, 2025 sales, executed at a combined value exceeding $1 million, represent the largest single-day disposition in the visible record.
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