EPAC Form 144: Option exercise and proposed sale of 4,224 Class A shares
Rhea-AI Filing Summary
Enerpac Tool Group Corp. submitted a Form 144 reporting a proposed sale of 4,224 Class A shares through Fidelity Brokerage Services LLC on the NYSE, with an aggregate market value of $173,141.76 and an approximate sale date of 08/12/2025. The filing lists 53,937,328 shares outstanding.
The securities are shown as acquired by exercise of an option (option granted 01/19/2016), with acquisition and payment dated 08/12/2025 and payment in cash to the issuer. The filing includes a representation that the seller does not possess undisclosed material adverse information and reports no securities sold in the prior three months.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine option exercise and proposed sale of 4,224 shares; transaction appears operationally straightforward and not material to cap structure.
The Form 144 discloses an intended disposition of 4,224 Class A shares valued at $173,141.76 via Fidelity on the NYSE with an approximate sale date of 08/12/2025. The shares were acquired through an option granted on 01/19/2016 and are reported as paid in cash to the issuer on 08/12/2025. The filing notes 53,937,328 shares outstanding and reports no sales in the prior three months, indicating this notice is a routine disclosure under Rule 144 rather than a material corporate event.
TL;DR: Disclosure aligns with Rule 144 requirements; filing contains standard attestations but omits identifying details in the provided text.
The notice follows Rule 144 format, documenting the broker (Fidelity Brokerage Services LLC), the class (Class A), quantity (4,224), aggregate value ($173,141.76), and the acquisition method (option granted 01/19/2016). The provided content does not include the selling person's name or a plan adoption date in the visible fields. The filer explicitly represents absence of undisclosed material adverse information and reports no prior three-month sales, consistent with routine compliance disclosures.