EPAC director adds 28 phantom stock units; 1-for-1 conversion
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Enerpac Tool Group (EPAC) — Form 4 insider filing: A company director reported an acquisition of 28 phantom stock units on 10/17/2025. The units are tied to dividend equivalent rights and were recorded at a reference price of $41.98, which reflects the closing selling price of the Class A Common Stock on the accrual date.
Each phantom stock unit converts 1-for-1 into shares of Class A Common Stock and is generally settled following the director’s termination of service or a specified date, under the Outside Director’s Deferred Compensation Plan. After this transaction, the director reported 29,574 derivative securities beneficially owned on a direct basis.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Simmons Sidney S. II
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 28 | $41.98 | $1K |
Holdings After Transaction:
Phantom Stock — 29,574 shares (Direct)
Footnotes (1)
- Pursuant to Outside Director's Deferred Compensation Plan, the phantom stock units are settled generally 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. Price is based on the closing selling price of the Class A Common Stock on the date of accrual of the dividend equivalent rights.
FAQ
What did Enerpac (EPAC) disclose in this Form 4?
A director acquired 28 phantom stock units on 10/17/2025 under the Outside Director’s Deferred Compensation Plan.
What is the reference price for the reported phantom stock units for EPAC?
The filing lists $41.98, based on the closing selling price of Class A Common Stock on the accrual date.
How are Enerpac (EPAC) phantom stock units settled?
They are settled generally following the director’s termination of service or on a specified date, per the plan.
What is the conversion ratio of EPAC phantom stock to common stock?
The phantom stock converts 1-for-1 into shares of Class A Common Stock.
How many derivative securities does the EPAC director hold after this transaction?
The director reported 29,574 derivative securities beneficially owned on a direct basis.
Was this EPAC transaction part of a Rule 10b5-1 plan?
The form contains a 10b5-1 checkbox instruction, but the excerpt does not indicate it was checked.