Form 4: Enerpac Tool Group Officer Sells Shares for Tax

Enerpac Tool Group's EVP Chief HR Officer, Benjamin James Topercer, reported the disposition of 619 Class A Common Stock shares at $40.24 each for tax withholding.

Summary

• Benjamin James Topercer, EVP Chief HR Officer at Enerpac Tool Group Corp (EPAC), disposed of 619 shares of Class A Common Stock.
• The transaction occurred on November 7, 2025.
• The shares were disposed of at a price of $40.24 per share.
• This transaction was marked with code 'F', indicating a disposition to the issuer to satisfy tax withholding obligations.
• Following this transaction, Benjamin James Topercer beneficially owns 53,280 shares of Class A Common Stock.
• The transaction was made pursuant to a Rule 10b5-1(c) plan.

Sentiment

Score: 5

Explanation: Neutral. The transaction is a routine disposition for tax withholding purposes, often associated with vesting of equity awards, and was pre-arranged under a 10b5-1 plan. It does not indicate a change in management's outlook on the company.

Positives

• The transaction was executed under a Rule 10b5-1(c) plan, indicating a pre-arranged sale not based on immediate insider information.

Negatives

• An insider, the EVP Chief HR Officer, reduced their direct holdings by 619 shares.

Future Outlook

Not applicable as this Form 4 reports a past transaction and does not provide forward-looking statements or guidance.

Industry Context

This Form 4 filing reports an individual insider transaction and does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders: A minor reduction in direct insider ownership, but the nature of the transaction (tax withholding) suggests it is not a discretionary sale based on negative sentiment.

Key Dates

Recommendation

This Form 4 reports a non-discretionary sale of shares by an executive to cover tax withholding obligations, likely related to the vesting of equity awards. Such transactions, especially when executed under a Rule 10b5-1 plan, are generally considered routine and do not typically signal a change in the company's fundamental outlook or the executive's confidence. Therefore, it does not warrant a change in investment recommendation based solely on this filing.

Keywords

Enerpac Tool Group, EPAC, Form 4, Insider Trading, Stock Sale, Benjamin James Topercer, Executive Compensation, Tax Withholding, 10b5-1 Plan