Form 4: Enerpac Tool Group Director Richard D. Holder Reports Changes in Beneficial Ownership

Director Richard D. Holder reports adjustments to his holdings in Enerpac Tool Group Corp, including deferred shares and phantom stock units.

Summary

• Richard D. Holder, a director of Enerpac Tool Group Corp, filed a Form 4 detailing changes in his beneficial ownership.
• The report indicates an adjustment of 14,601 shares previously reported in Table I, which Holder elected to defer under the Outside Director's Deferred Compensation Plan.
• Holder also acquired 10 phantom stock units on October 18, 2024, at a price of $44.03 per unit.
• These phantom stock units are convertible 1-for-1 into Class A Common Stock and are generally settled in stock following the director's termination of service or a specified date.
• Following these transactions, Holder directly owns 23,618 shares of Class A Common Stock and 14,620 phantom stock units.

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 required by the SEC for corporate insiders, providing transparency into their stock ownership and transactions.

Stakeholder Impact

• Shareholders are informed about changes in the holdings of a key company director.

Key Dates