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EdgarHawk

Shaffer David M

CEO

Officer
6 filings analyzed · 1 company · Latest 2025-02-27

Companies

Company Buys Sells Direction
EnerSys ENS 0 38 Net selling

Activity

February 2025
2025-02-27 EnerSys ENS
high
Sell
11,378 shares
$1,150,604
Significance 8/10

EnerSys CEO Shaffer David M sold entire remaining 11,378 shares (100% of holdings) for $1,150,604.41 on 2025-02-25

On February 25, 2025, Shaffer David M (CEO of EnerSys) executed 6 separate sales totaling 11,378 shares for $1,150,604.41 at prices ranging from $100.42 to $102.03 (blended average $101.13), completely liquidating his equity position to zero shares. This represents the elimination of 100% of his prior shareholdings, which is a material departure from typical CEO holdings and represents a definitive exit of direct equity stake in the company. The sale occurred at prices near the current market price of $102.19 and during a period when the stock is trading -7.3% from its 52-week high of $110.19, though up 6.3% over the past 30 days. The CEO's complete equity exit merits investor scrutiny given the fundamental context: EnerSys generated $906.2M in quarterly revenue and $114.8M in net income, but is facing -3.4% annual revenue growth with a valuation of 12.28x P/E at a $4.0B market cap.

2025-02-25 EnerSys ENS
high
Sell
74,156 shares
$7,540,708
Significance 7/10

CEO Shaffer sold 74,156 shares for $7,540,707.76 over two days, reducing stake 92.9%.

Shaffer David M, the CEO of EnerSys, executed 12 separate sales totaling 74,156 shares for $7,540,707.76 on February 21 and 24, 2025, at prices ranging from $100.74 to $103.56 per share (blended average $101.69). This represents a 92.9% reduction in his holdings, from 79,845 shares pre-transaction to 5,689 shares post-transaction. The magnitude and rapidity of this near-complete liquidation by the company's top executive warrants investor attention, particularly given that EnerSys reported annual revenue growth of -3.4% and carries a relatively modest P/E of 12.25 in a $4.0B market-cap business. The sales occurred near the 52-week high ($110.19), though currently 7.5% below that peak. Investors should monitor whether this level of insider divestment reflects broader capital allocation choices or shifts in management's stance toward the company.

2025-02-21 EnerSys ENS
high
Sell
44,300 shares
$4,502,129
Significance 7/10

CEO Shaffer sells 44,300 shares (50.9% of holdings) in 14 transactions for $4.5M at $101.63 avg.

CEO David M Shaffer conducted 14 separate sales on February 19–20, 2025, reducing his stake in EnerSys from 87,067 shares to 42,767 shares—a 50.9% reduction. The transactions totaled 44,300 shares for $4,502,128.68, executed across a narrow price band ($100.62–$103.01), suggesting orderly liquidation rather than panic selling. Notably, this large single-event reduction is material relative to his pre-transaction holdings, though the stock's current price of $102.10 sits only 7.3% below the 52-week high and has gained 2.2% over the past 30 days and 4.7% over 90 days, indicating the stock was not under distress at execution. The company's fundamentals show a P/E of 12.27 with revenue of $906,152,000.00 and net income of $114,812,000.00, though annual revenue growth stands at -3.4%, suggesting modest headwinds. Without FLAGS indicating a 10b5-1 plan or other scheduled mechanism, the scale of the liquidation—trimming his position by half in a two-day window—warrants attention to whether this reflects a shift in the insider's capital allocation strategy or confidence posture at the current valuation.

2025-02-14 EnerSys ENS
medium
Sell
15,662 shares
$1,568,982
Significance 5/10

CEO David M Shaffer sold 15,662 shares of ENS at $100.18 on 2025-02-12 for $1,568,981.57

CEO David M Shaffer sold 15,662 shares at $100.18, reducing holdings by 16.9% to 77,086 shares. The stock has since declined to $99.33 and remains 9.9% below its 52-week high of $110.19, suggesting the transaction occurred near an intermediate peak. Across his cross-ticker open-market history, Shaffer has executed 2 prior sells with a 100.00% well-timed rate at the 90-day mark (average 90d return -3.8%), though at ENS specifically, only 1 of 1 measurable prior sales was well-timed (2024-08-29 sell showed 90d return of -3.8%). The company's revenue declined 3.4% year-over-year despite $906.2M in latest quarterly revenue and a modest P/E of 11.94, leaving baseline operational context mixed. This sale merits standard monitoring as a material equity transaction by the chief executive.

November 2024
2024-11-27 EnerSys ENS
medium
Sell
20,000 shares
$2,000,180
Significance 6/10

CEO David M Shaffer sold 20,000 shares of ENS at $100.01 on 2024-11-25 for $2.0M; retains 129.8K shares

CEO David M Shaffer sold 20,000 shares at $100.01, reducing his holdings by -13.3% from 149.8K shares. His cross-ticker track record shows 1 prior sell with a 90d well-timed rate of 100.00%, indicating that prior sale occurred before a subsequent decline. At EnerSys specifically, his prior sell on 2024-08-29 delivered -3.8% over 90 days, consistent with his overall pattern. The current price of $96.26 is -12.6% below the 52-week high of $110.19, and the stock has declined -4.5% in the past 30 days. Fundamentals show the company with $883.7M quarterly revenue and net income of $82.3M, though annual revenue growth stands at -3.4%. The timing of this sale within a declining price environment aligns with the historical pattern observed in his prior transactions.

August 2024
2024-08-30 EnerSys ENS
medium
Sell
17,600 shares
$1,761,408
Significance 5/10

CEO Shaffer sells 17,600 ENS shares at $100.08; holds 226,540 post-sale as stock down 7.8% in 30 days

President & CEO David M. Shaffer sold 17,600 shares of EnerSys (ENS) for $1,761,408.00 on 2024-08-29, reducing his holdings by 7.2% to 226,540 shares. The sale occurred when ENS was trading at $100.08, near the lower end of its 52-week range of $84.21–$110.19, with the stock having declined 7.8% over the prior 30 days and 6.0% over 90 days. While the company maintains moderate fundamentals with a P/E of 14.97 and quarterly revenue of $852.9M, annual revenue growth is negative at -3.4%, suggesting headwinds in the business environment. The CEO's modest reduction in a substantial remaining position occurs against a backdrop of recent stock underperformance and declining revenue trajectory, warranting monitoring of whether this represents a data point in a broader executive reassessment or execution challenges within the organization.

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