Form 4: Enerpac Director Acquires Phantom Stock Units

Enerpac Tool Group Corp. Director Lynn C. Minella acquired 10 phantom stock units, increasing her beneficial ownership to 13,523 units.

Summary

• Lynn C. Minella, a Director of Enerpac Tool Group Corp. (EPAC), acquired 10 phantom stock units.
• The transaction occurred on October 17, 2025.
• Following this acquisition, Ms. Minella beneficially owns a total of 13,523 phantom stock units.
• Phantom stock units are convertible 1 for 1 into shares of Class A Common Stock.
• The phantom stock units are settled generally following the director's termination of service or a specified date, pursuant to the Outside Director's Deferred Compensation Plan.
• The price of the underlying Class A Common Stock on the date of accrual of dividend equivalent rights was $41.98.

Sentiment

Score: 6

Explanation: The acquisition of phantom stock by a director is generally viewed as a positive signal, indicating continued alignment of interests with shareholders, though it is a routine compensation event rather than an open market purchase.

Positives

• A director's acquisition of additional phantom stock units aligns their interests further with those of shareholders, signaling continued confidence in the company's future.

Future Outlook

The phantom stock units are expected to be settled generally following the director's termination of service or on a specified future date, converting 1 for 1 into shares of Class A Common Stock.

Industry Context

This filing reports a routine insider transaction, which is common for directors and officers participating in company compensation plans. It does not provide information on broader industry trends or competitive landscape.

Stakeholder Impact

• Shareholders: The transaction demonstrates continued alignment of a director's interests with shareholders through equity ownership.

Next Steps

• Settlement of the phantom stock units into Class A Common Stock upon the director's termination of service or a specified future date.

Key Dates

Recommendation

This Form 4 filing details a routine insider transaction involving the acquisition of phantom stock units as part of a compensation plan. While it indicates a director's continued stake in the company, it is not an open market purchase and does not provide new information significant enough to alter an investment recommendation based solely on this filing.

Keywords

Enerpac Tool Group Corp, EPAC, Insider Transaction, Form 4, Phantom Stock, Director, Beneficial Ownership, Deferred Compensation