Enerpac Tool Group (EPAC) director has 638 shares withheld for taxes
Rhea-AI Filing Summary
Enerpac Tool Group director Alfredo Altavilla reported a routine share withholding related to equity compensation. On January 22, 2026, 638 shares of Class A common stock were withheld at $42.02 per share to satisfy backup withholding requirements of the Internal Revenue Service when restricted stock units vested. After this tax-related withholding, Altavilla beneficially owned 32,528 shares of Enerpac Tool Group common stock held directly.
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FAQ
What insider transaction did Enerpac Tool Group (EPAC) report for Alfredo Altavilla?
The filing reports that director Alfredo Altavilla had 638 shares of Class A common stock withheld on January 22, 2026, in connection with the vesting of restricted stock units.
What does the transaction code "F" mean in the EPAC Form 4?
The transaction code "F" indicates a tax-related transaction, here reflecting the issuer's withholding of shares to cover backup withholding when restricted stock units vested.
At what price were the Enerpac Tool Group shares withheld in this Form 4?
The 638 withheld shares of Enerpac Tool Group Class A common stock were valued at $42.02 per share for this tax-related transaction.
How many Enerpac Tool Group shares does Alfredo Altavilla own after the reported transaction?
Following the withholding of 638 shares, Alfredo Altavilla beneficially owned 32,528 shares of Enerpac Tool Group Class A common stock directly.
Was the EPAC Form 4 transaction a market sale by the director?
No. The footnote explains that the transaction reflects the issuer's withholding of shares for IRS backup withholding upon the vesting of restricted stock units, not an open market sale initiated by the director.
What triggered the share withholding reported in Enerpac Tool Group's Form 4?
The withholding occurred upon the vesting of restricted stock units on January 22, 2026, when shares were retained by the issuer to meet backup withholding requirements of the Internal Revenue Service.