Form 4: Enerpac Director Acquires Phantom Stock Units

Enerpac Tool Group Director J. Palmer Clarkson acquired 8 phantom stock units on October 17, 2025, increasing his beneficial ownership to 8,963 units.

Summary

• Director J. Palmer Clarkson acquired 8 phantom stock units of Enerpac Tool Group Corp. (EPAC).
• The transaction occurred on October 17, 2025.
• Each phantom stock unit converts 1 for 1 into shares of Class A Common Stock.
• The price of $41.98 per unit is based on the closing selling price of the Class A Common Stock on the date of accrual of dividend equivalent rights.
• Following this acquisition, J. Palmer Clarkson beneficially owns a total of 8,963 phantom stock units.
• These phantom stock units are settled generally following the director's termination of service or a specified date, as per the Outside Director's Deferred Compensation Plan.

Sentiment

Score: 7

Explanation: The acquisition of phantom stock units by a director, even if part of a compensation plan, generally indicates continued alignment of interests with shareholders and confidence in the company's long-term prospects.

Positives

• Director J. Palmer Clarkson increased his beneficial ownership by acquiring 8 phantom stock units, which can signal continued confidence in the company.
• The acquisition, part of a deferred compensation plan, aligns the director's long-term interests with those of shareholders.

Future Outlook

This filing, a Form 4, does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This Form 4 filing details an insider transaction, which is specific to the reporting person and company, and does not provide broader industry trend analysis.

Related Party Transactions

• Director J. Palmer Clarkson acquired 8 phantom stock units from Enerpac Tool Group Corp. as part of the Outside Director's Deferred Compensation Plan.

Stakeholder Impact

• Shareholders: The transaction demonstrates continued alignment of the director's financial interests with those of the company's shareholders.

Next Steps

• The phantom stock units will be settled generally following the director's termination of service or on a specified date, as per the Outside Director's Deferred Compensation Plan.

Key Dates

Recommendation

The Form 4 reports a routine acquisition of phantom stock units by a director as part of a deferred compensation plan. While it shows continued alignment of interests, it does not provide new fundamental information to warrant a change in investment recommendation.

Keywords

Enerpac Tool Group, EPAC, J. Palmer Clarkson, Director, Phantom Stock, Insider Transaction, Beneficial Ownership, SEC Form 4