Enerpac (EPAC) EVP Eric Chack Withholds 1,745 Shares for Taxes

What Happened Eric Theodore Chack, EVP of Operations at Enerpac Tool Group (EPAC), had 1,745 shares withheld on 2026-09-15 to satisfy tax/exercise obligations (transaction code F). The shares were valued at $34.59 each, for a total of about $60,360. This was a withholding to cover taxes (a disposal on the Form 4), not an open-market sale.

Key Details

• Transaction date: 2026-09-15; Form 4 filed: 2026-09-17 (appears timely).
• Shares withheld/disposed: 1,745 at $34.59 per share — total ~$60,360.
• Footnote: 526 of these shares were acquired under the issuer’s employee stock purchase plan (ESPP) since Jan 15, 2026.
• Shares owned after the transaction: not specified in the filing.
• Transaction code F indicates tax withholding or payment of exercise price; this is routine and not a directional buy/sell signal.

Context Withholding shares to cover taxes is common after exercises or ESPP purchases and usually reflects vesting or purchase obligations rather than a CEO/exec choosing to sell shares on the open market. Because this is a tax-withholding disposal (not an open-market sale), it should be interpreted as an administrative action tied to compensation, not necessarily a signal about the insider’s view of the company.