Form 4: Enerpac Tool Group Director Reports Changes in Beneficial Ownership

Director Sidney S. Simmons II reports adjustments to deferred compensation plan and phantom stock holdings in Enerpac Tool Group Corp.

Summary

• On October 18, 2024, Sidney S. Simmons II, a director of Enerpac Tool Group Corp, reported changes in beneficial ownership.
• The report reflects an adjustment of 14,601 shares that the reporting person elected to defer pursuant to the Outside Director's Deferred Compensation Plan.
• Simmons also acquired 23 phantom stock units, convertible 1 for 1 into Class A Common Stock, at a price of $44.03 per unit.
• Following the reported transactions, Simmons beneficially owns 20,104 shares of Class A Common Stock directly and 29,546 phantom stock units.
• The phantom stock units are settled in stock generally following the director's termination of service or a specified date.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Future Outlook

The phantom stock units are settled in stock generally following the director's termination of service or a specified date.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership by a company director, which is a common practice in publicly traded companies. It provides transparency to investors regarding the holdings of company insiders.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the holdings of a company director.

Key Dates