Ferland E James Jr 4

What Happened

• E. James Ferland Jr., a director of Enerpac Tool Group Corp. (EPAC), exercised 2,930 stock options (strike $26.95) on July 23, 2026, paying $78,964 to acquire the shares, and then sold those 2,930 shares in the open market at $34.35 for $100,646. The net cash proceeds from the round‑trip were roughly $21,682.
• The filing also records the derivative (the option) being converted/terminated as part of the exercise (reported with $0 consideration for the derivative line).

Key Details

• Transaction date: 2026-07-23.
• Option exercise: 2,930 shares at $26.95 per share = $78,964 (code M).
• Open‑market sale: 2,930 shares at $34.35 per share = $100,646 (code S).
• Derivative disposition: the exercised option was reported as disposed (code M, $0) as part of the conversion.
• Footnote: F1 — Option granted under the Company’s 2009 Omnibus Incentive Plan.
• Shares owned after the transaction: not specified in the provided filing summary.
• Filing timeliness: Form 4 was filed 2026-07-27 for a 2026-07-23 transaction; this filing date is within the two business‑day reporting deadline (timely).

Context

• This is a routine option exercise followed by an immediate sale (a cashless or same‑day sale), which simply converts vested option value into cash and does not by itself indicate a long‑term change in the insider’s view on the company.