Simmons Sidney S. II 4

What Happened

• Sidney S. Simmons II, a director of Enerpac Tool Group Corp (EPAC), was granted 3,134 restricted stock units (reported as a derivative acquisition) on 2026-02-06. The Form 4 reports the grant at $0.00 (the filing shows acquisition code A for an award/grant).

Key Details

• Transaction date: 2026-02-06; Form 4 filed: 2026-02-09.
• Grant: 3,134 restricted stock units (phantom stock), reported at $0.00.
• Vesting/settlement: Units vest in full 50 weeks after the grant date, subject to continued service, and are settled into shares of Class A Common Stock (converted 1:1) following termination of service or on a specified date (per footnotes).
• Shares owned after the transaction: not specified in the filing summary provided.
• Filing timeliness: filing date is 2026-02-09 for a 2026-02-06 grant; check the 2-business-day reporting rule if timing is a concern.

Context

• This is an award of deferred restricted stock units (phantom stock), not an open-market purchase or sale. Such grants are common for outside directors as compensation and do not necessarily indicate immediate buying or selling intent. The RSUs convert 1:1 to common shares when settled, but they vest only after the stated service period.