Enerpac (EPAC) director receives 3,134 phantom stock units grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Enerpac Tool Group director Richard D. Holder reported an equity-based compensation grant in the form of 3,134 phantom stock units on February 6, 2026. These units were acquired at $0 per unit under the Outside Director's Compensation Plan and bring his total phantom stock holdings to 20,391 units.
The director elected to defer a grant of restricted stock units into phantom stock, which vests in full 50 weeks after the grant date, subject to continued board service. After vesting, the phantom stock will be settled in Enerpac Class A common stock, either following the director's termination of service or on a specified future date, at a 1-for-1 conversion ratio.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Holder Richard D
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 3,134 | $0.00 | -- |
Holdings After Transaction:
Phantom Stock — 20,391 shares (Direct)
Footnotes (1)
- Pursuant to Outside Director's Compensation Plan, the director elected to defer the grant of restricted stock units, which vest in full 50 weeks after the date if the grant (subject to continued service) and are settled in common stock following the director's termination of service or a specified date. The phantom stock is converted 1 for 1 into shares of Class A Common Stock.
FAQ
What insider transaction did Enerpac (EPAC) report on February 6, 2026?
Enerpac director Richard D. Holder received 3,134 phantom stock units on February 6, 2026. These units were granted at $0 per unit as director compensation and increased his total phantom stock holdings to 20,391 units following the transaction.
How do the phantom stock units granted to the Enerpac (EPAC) director vest?
The phantom stock units granted to the Enerpac director vest in full 50 weeks after the grant date, subject to continued service on the board. This single vesting schedule applies to the entire 3,134-unit grant made under the Outside Director's Compensation Plan.
How are Enerpac (EPAC) phantom stock units settled for the director?
Enerpac’s phantom stock units for the director are settled in Class A common stock. Settlement occurs after the director’s termination of service or on a specified date, with each phantom stock unit converting into one share of Class A common stock.
What is the conversion ratio for Enerpac (EPAC) phantom stock reported in this filing?
The phantom stock reported in this filing converts on a 1-for-1 basis into Enerpac Class A common stock. Each phantom stock unit, once settled, delivers one share of Class A common stock to the director according to the plan’s terms.
What is the director’s total phantom stock position at Enerpac (EPAC) after this grant?
After receiving the new grant, the Enerpac director beneficially owns 20,391 phantom stock units. This figure reflects his total derivative holdings of phantom stock following the 3,134-unit acquisition reported in the Form 4 filing.
Under what plan were the Enerpac (EPAC) phantom stock units granted to the director?
The phantom stock units were granted under Enerpac’s Outside Director's Compensation Plan. The director elected to defer a grant of restricted stock units into phantom stock, which then vests and settles in common stock under the plan’s terms.