January 19, 2024 · Form 4 insider transaction
Olivier Leon J bought 27.123 shares of ESCO Technologies Inc. at $102.12 per share, a transaction worth $2.8K. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 4 days after the transaction.
Restricted Share Units (RSUs) issued in lieu of cash dividends on the RSUs held by the director on the record date. Eash RSU is the economic equivalent of one share of common stock. A portion of the RSU representing dividends on unvested shares becomes payable in Common Stock and/or cash when the underlying shares vest or concurrently with the distribution of the underlying shares if the director has so designated. Any remaining RSUs become payable in common stock upon or at the election of the reporting person installments beginning upon the termination of the reporting person's service as a director or such earlier time as the director may have designated.