Form 4: Enerpac Tool Group Controller Sells Shares for Tax

Enerpac Tool Group's Corporate Controller, Patrick James Dawson, disposed of 1,088 shares of Class A Common Stock to cover tax withholding obligations.

Summary

• Patrick James Dawson, Corporate Controller & PAO of Enerpac Tool Group Corp (EPAC), reported a transaction on March 15, 2026.
• The transaction involved the disposition of 1,088 shares of Class A Common Stock at a price of $35.87 per share.
• This disposition was made to the Issuer to satisfy tax withholding obligations, indicated by transaction code 'F'.
• Following this transaction, Mr. Dawson beneficially owns 4,770 shares of Class A Common Stock directly.
• The reported beneficial ownership includes 68 shares acquired under the Issuer's employee stock purchase plan since January 15, 2026.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. The disposition of shares is a routine, non-discretionary transaction to cover tax obligations related to equity compensation, rather than a sale based on investment sentiment.

Industry Context

StockSavvy.ai notes that routine insider transactions, such as dispositions for tax withholding purposes, are common and generally do not reflect a change in the company's fundamental outlook or the insider's confidence in the company. This type of transaction is a standard part of equity compensation plans.

Stakeholder Impact

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

Key Dates

Keywords

Enerpac Tool Group, EPAC, Insider Trading, Form 4, Stock Sale, Corporate Controller, Tax Withholding, Employee Stock Purchase Plan