Form 4: Enerpac Tool Group Officer Sells Shares for Tax

Sentiment:

Insider Transaction Report


Enerpac Tool Group's EVP Chief HR Officer, Benjamin James Topercer, disposed of 954 shares of Class A Common Stock at $41.98 per share for tax liability.

Summary

  • Benjamin James Topercer, EVP Chief HR Officer of Enerpac Tool Group Corp., reported a transaction.
  • Disposed of 954 shares of Class A Common Stock on October 19, 2025.
  • The shares were disposed of at a price of $41.98 per share.
  • This transaction was for the payment of tax liability, indicated by transaction code 'F'.
  • Following the transaction, Topercer beneficially owns 43,973 shares of Class A Common Stock.
  • The total beneficial ownership includes 469 shares acquired under the company's employee stock purchase plan since February 14, 2025.

Sentiment

Score: 5

Explanation: A routine insider transaction for tax purposes, which is neutral in sentiment. It reflects a common practice for executives managing equity compensation.

Future Outlook

NA

Industry Context

NA

Corporate Governance

Change TypeDescriptionEffective DateImpact Assessment
Power of Attorney GrantBenjamin James Topercer granted a Power of Attorney to several individuals (Patrick Dawson, Noah Popp, Darren Kozik, Ashley Quackenboss, and Alyssa Trudell) to execute and file Forms 3, 4, and 5 on his behalf for Section 16 compliance.2025-07-25Streamlines the process for filing required SEC documents for insider transactions, ensuring timely compliance with Section 16(a) of the Securities Exchange Act of 1934.

Stakeholder Impact

  • Minimal direct impact on shareholders as this is a routine tax-related insider transaction.
  • Ensures compliance with regulatory requirements, which benefits all stakeholders by maintaining transparency.

Key Dates

DateDescription
2025-02-14Start date for acquisition of shares under the Issuer's employee stock purchase plan.
2025-07-25Date Power of Attorney was granted by Ben Topercer.
2025-10-19Date of transaction where 954 shares were disposed of.
2025-10-21Date the Form 4 was signed by the attorney-in-fact.

Keywords

Enerpac Tool Group, EPAC, Form 4, Insider Transaction, Stock Sale, Benjamin Topercer, Chief HR Officer, Tax Liability, Common Stock

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