Enerpac Tool Group director exercises and sells shares
Enerpac Tool Group director Danny L. Cunningham exercised 2,930 director stock options at an exercise price of $26.95 per share, receiving the same number of Class A common shares.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
Enerpac Tool Group director Danny L. Cunningham exercised 2,930 director stock options at an exercise price of $26.95 per share, receiving the same number of Class A common shares. On the same day, he sold 2,930 shares at $34.35 per share. These transactions were reported as made under a Rule 10b5-1 trading plan, and the reported option grant was fully exercised.
Insider Trade Summary 10b5-1
Exercise and Sale: 2,930 shares ($22K approx. pre-tax spread)
Exercise and Sale
3 txns
Insider
Cunningham Danny L
Role
Director
Sold
2,930 shs ($101K)
Approx. gross sale proceeds
$101K
Approx. exercise cost
$79K
Approx. pre-tax spread
$22K
Share of Position Sold
10.9%
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Director Stock Option (Right to Buy) F1 | 2,930 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 2,930 | $26.95 | $79K |
| Sale | Class A Common Stock | 2,930 | $34.35 | $101K |
Holdings After Transaction:
Director Stock Option (Right to Buy) — 0 contracts (Direct);
Class A Common Stock — 24,030 shares (Direct)
Holdings Before and After:
Director Stock Option (Right to Buy), 2,930 to 0 contracts (Direct);
Class A Common Stock, 24,030 to 24,030 shares (Direct)
Other Insiders: 1 other insider reported open-market sales of this stock in the 30 days up to this filing.
Footnotes (1)
- F1. Option granted under the Actuant Corporation 2009 Omnibus Incentive Plan.
Key Figures
Options Exercised: 2,930 shares
Option Exercise Price: $26.95 per share
Shares Sold: 2,930 shares
+2 more
5 metrics
Options Exercised
2,930 shares
Director stock options exercised into Class A Common Stock on 2026-07-23
Option Exercise Price
$26.95 per share
Exercise or conversion price for 2,930 director stock options
Shares Sold
2,930 shares
Class A Common Stock sale on 2026-07-23
Sale Price
$34.35 per share
Reported transaction price for sale of 2,930 Class A common shares
Net Shares Sold
2,930 shares
Net buy/sell shares across reported transactions, direction net-sell
Key Terms
Director Stock Option (Right to Buy), Class A Common Stock, Exercise or conversion of derivative security, Actuant Corporation 2009 Omnibus Incentive Plan, +1 more
5 terms
Director Stock Option (Right to Buy) financial
"Security title reported as Director Stock Option (Right to Buy)."
Class A Common Stock financial
"Underlying security title and sale security reported as Class A Common Stock."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Exercise or conversion of derivative security financial
"Transaction code M described as Exercise or conversion of derivative security."
Actuant Corporation 2009 Omnibus Incentive Plan financial
"Footnote states option granted under the Actuant Corporation 2009 Omnibus Incentive Plan."
Rule 10b5-1 financial
"Form-level checkbox affirms trades under a Rule 10b5-1 plan."
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Enerpac Tool Group (EPAC) director Danny L. Cunningham report?
Danny L. Cunningham reported exercising 2,930 stock options at $26.95 and acquiring 2,930 Class A common shares, then selling 2,930 shares at $34.35 on the same date. The filing indicates these trades occurred under a Rule 10b5-1 trading plan.
How many Enerpac Tool Group (EPAC) options did Danny L. Cunningham exercise and at what price?
He exercised 2,930 director stock options with an exercise price of $26.95 per share. The exercised options converted into 2,930 shares of Class A common stock, and the derivative position reported in this grant showed 0 options remaining after the transaction.
Were Danny L. Cunningham’s Enerpac Tool Group (EPAC) trades under a Rule 10b5-1 plan?
Yes. The Form 4 indicates the Rule 10b5-1 checkbox was marked, meaning the reported transactions were made under a pre-arranged trading plan. Such plans are designed to schedule trades in advance and can reduce the informational value of trade timing.
What happened to Danny L. Cunningham’s Enerpac Tool Group (EPAC) stock options after this Form 4?
The filing shows he exercised 2,930 director stock options tied to this grant and that the options’ post-transaction balance was 0. This indicates the specific option award referenced, granted under the 2009 Omnibus Incentive Plan, was fully exercised.
AI-generated analysis. How Rhea-AI works. Not financial advice.
