Form 4: Enerpac Tool Group Corp Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Benjamin James Topercer, EVP Chief HR Officer of Enerpac Tool Group Corp, disposed of 598 shares of Class A Common Stock on October 24, 2024, to cover tax obligations.
Summary
- On October 24, 2024, Benjamin James Topercer, the EVP Chief HR Officer of Enerpac Tool Group Corp, disposed of 598 shares of Class A Common Stock.
- The transaction was executed at a price of $43.74 per share.
- The disposal was related to covering tax obligations.
- Following the transaction, Topercer directly owns 45,458 shares of Enerpac Tool Group Corp.
- The transaction was reported on a Form 4 filing with the SEC.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing a routine stock transaction by an executive to cover tax obligations. It doesn't indicate any significant positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction appears to be a standard sale to cover tax obligations, which is a common practice among executives.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine sale of shares by an executive.
Key Dates
| Date | Description |
|---|---|
| 10/24/2024 | Date of transaction: Benjamin James Topercer disposed of 598 shares of Class A Common Stock. |
| 10/28/2024 | Date of signature on the Form 4 filing. |
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