Enerpac director awarded 3,134 phantom stock units
Enerpac Tool Group director Danny L. Cunningham reported receiving an award of 3,134 shares of phantom stock on February 6, 2026 under the company’s Outside Director’s Compensation Plan.
Rhea-AI Filing Summary
Enerpac Tool Group director Danny L. Cunningham reported receiving an award of 3,134 shares of phantom stock on February 6, 2026 under the company’s Outside Director’s Compensation Plan. These units represent deferred restricted stock units that vest in full 50 weeks after the grant date, subject to continued service.
Each phantom stock unit is convertible on a 1-for-1 basis into shares of Enerpac’s Class A common stock, and is settled in common stock after the director’s termination of service or a specified date. Following this transaction, Cunningham beneficially owns 47,315 phantom stock units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 3,134 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. The phantom stock is converted 1 for 1 into shares of Class A Common Stock.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Enerpac Tool Group (EPAC) report on this Form 4?
How many Enerpac (EPAC) phantom stock units did the director receive and at what price?
What is the total Enerpac (EPAC) phantom stock owned by the director after this transaction?
How do Enerpac (EPAC) phantom stock units convert into Class A common stock?
When do the Enerpac (EPAC) deferred restricted stock units granted to the director vest?
Is the Enerpac (EPAC) director’s phantom stock award part of an established compensation plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.