4/A: Enerpac Tool Group Corp Executive Corrects Stock Transaction Report

James Denis, EVP, GC and Secretary of Enerpac Tool Group Corp, amends a previous SEC Form 4 filing to correct the number of shares withheld for tax liability.

Summary

• James Denis, an executive at Enerpac Tool Group Corp, filed an amendment to a previous Form 4 filing with the SEC.
• 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 661 shares were withheld, while the corrected filing indicates that 2,114 shares were withheld on October 11, 2024 at a price of $43.73.
• Following the transaction, Denis directly owns 19,358 shares of Class A Common Stock.

Sentiment

Score: 7

Explanation: The document is a routine correction of a previous filing, indicating standard corporate governance procedures. There is no indication of positive or negative sentiment, but the correction itself is a positive sign of transparency.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies. It provides transparency into the transactions of company insiders.

Stakeholder Impact

• The correction ensures accurate information is available to shareholders regarding executive stock ownership.

Key Dates