Form 4: Enerpac CEO Paul Sternlieb Disposes Shares for Tax
Insider Transaction Report
Enerpac Tool Group's President and CEO, Paul Sternlieb, disposed of 6,345 shares of Class A Common Stock to satisfy tax withholding obligations.
Summary
- Paul Sternlieb, President and CEO, and a Director of Enerpac Tool Group Corp. (EPAC), reported a disposition of shares.
- The transaction involved 6,345 shares of Class A Common Stock.
- The shares were disposed of on October 24, 2025, at a price of $42.47 per share.
- The transaction code 'F' indicates a disposition to the issuer to cover tax withholding obligations.
- Following this transaction, Paul Sternlieb directly beneficially owns 416,318 shares of Class A Common Stock.
- The transaction was made pursuant to a Rule 10b5-1(c) plan, indicating a pre-arranged trading plan.
Sentiment
Score: 5
Explanation: The transaction is a routine disposition of shares to cover tax obligations, often pre-planned under a 10b5-1 plan, and is generally considered neutral in terms of market sentiment.
Future Outlook
NA
Industry Context
This filing reports a routine insider transaction for tax purposes and does not provide information related to broader industry trends or competitive landscape.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Insider Trading Plan Disclosure | The transaction was made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). | 10/24/2025 | Indicates a pre-arranged trading plan, which enhances transparency and reduces the perception of opportunistic insider trading. |
Stakeholder Impact
- Shareholders: This is a routine, tax-related disposition by an executive, which typically has minimal impact on shareholder perception or company valuation. The use of a 10b5-1 plan suggests a pre-scheduled transaction rather than a discretionary sale based on new information.
Key Dates
| Date | Description |
|---|---|
| 10/24/2025 | Date of transaction where 6,345 shares of Class A Common Stock were disposed of. |
| 10/28/2025 | Date the Statement of Changes in Beneficial Ownership (Form 4) was filed. |
Keywords
Enerpac Tool Group, EPAC, Paul Sternlieb, Insider Transaction, Form 4, Stock Disposition, CEO, Director, Tax Withholding, Equity Sale, 10b5-1 Plan
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