4/A: Enerpac Tool Group CEO Corrects Stock Transaction Report
SEC Filing Amendment
Paul Sternlieb, CEO of Enerpac Tool Group, amends a previous SEC filing to correct the number of shares withheld for tax liability upon vesting of performance share units.
Summary
- Paul Sternlieb, the President and CEO of Enerpac Tool Group Corp, filed an amendment to a previous Form 4.
- The amendment corrects the number of shares withheld to satisfy the reporting person's tax liability upon the vesting of performance share units.
- The original filing on October 16, 2024, incorrectly stated that 50,168 shares were withheld.
- The corrected filing shows that 53,440 shares were actually withheld on October 11, 2024, at a price of $43.73.
- Following the transaction, Sternlieb directly owns 344,649 shares of Class A Common Stock.
Sentiment
Score: 7
Explanation: The document is a routine correction of a previous filing, indicating a neutral sentiment. The correction itself suggests attention to detail and compliance, which is mildly positive.
Industry Context
This is a standard SEC filing related to insider trading. It is required to ensure transparency in the market.
Key Dates
| Date | Description |
|---|---|
| 10/11/2024 | Date of the stock transaction where shares were withheld for tax liability. |
| 10/16/2024 | Date of the original Form 4 filing that contained an error. |
| 10/28/2024 | Date of the amended Form 4/A filing. |
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