Form 4: Enerpac Director's Stock Withholding for Tax

Sentiment:

Insider Transaction Report


Enerpac Tool Group Corp. Director Alfredo Altavilla reported the withholding of 638 shares of Class A Common Stock for tax purposes following the vesting of restricted stock units.

Summary

  • Alfredo Altavilla, a Director of Enerpac Tool Group Corp. (EPAC), reported a transaction on January 22, 2026.
  • The transaction involved the disposition of 638 shares of Class A Common Stock.
  • These shares were withheld by the Issuer to satisfy backup withholding requirements of the Internal Revenue Service upon the vesting of restricted stock units.
  • The shares were valued at $42.02 per share for the purpose of this withholding.
  • Following this transaction, Altavilla beneficially owns 32,528 shares of Class A Common Stock directly.

Sentiment

Score: 5

Explanation: The filing reports a routine, non-discretionary insider transaction related to tax withholding upon the vesting of restricted stock units, which has no material positive or negative implications for the company's operations or financial health.

Future Outlook

NA

Industry Context

This is a routine insider transaction filing (Form 4) reporting a non-discretionary event related to executive compensation and tax compliance. It does not provide information relevant to broader industry trends or competitive positioning.

Stakeholder Impact

  • Shareholders: Minimal impact as this is a routine, non-discretionary tax-related transaction for an insider, not indicative of a change in company fundamentals or strategy.

Key Dates

DateDescription
07/25/2025Date Alfredo Altavilla signed the Power of Attorney for Section 16 compliance.
01/22/2026Date of the reported transaction, which includes the vesting of restricted stock units and subsequent share withholding for tax purposes.
01/26/2026Date the Form 4 was signed by the attorney-in-fact.

Keywords

Enerpac Tool Group Corp, EPAC, Alfredo Altavilla, Director, Insider Transaction, Form 4, Stock Withholding, Restricted Stock Units, Tax Withholding

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