Enerpac Tool Group Corp: elects Charles T. Lauber to board

What happened

• The board adopted resolutions expanding the size of the board from 8 to 9 and elected Charles T. Lauber as a director to fill the vacancy created by the expansion, on Oct 8, 2026.
• The filing states the board determined, consistent with its Governance and Sustainability Committee recommendation, that Mr. Lauber is independent under NYSE and SEC rules. The board appointed him to the Audit Committee and the Talent Development and Compensation Committee.

Key details

• Board size increased from 8 to 9 members, election effective Oct 8, 2026.
• The company will pay Mr. Lauber compensation consistent with other non-employee directors, as described on page 46 of the company’s definitive proxy statement for the annual meeting held Feb 4, 2026.
• The company intends to enter into an indemnification agreement with Mr. Lauber in the form filed as Exhibit 10.1 to the company’s Form 10‑K for the fiscal year ended Aug 31, 2025.
• The company furnished a press release dated Oct 8, 2026 under Regulation FD (Exhibit 99.1).

Why it may matter

• Reported items include Item 5.02 (departure/election of directors; appointment of certain officers; compensatory arrangements of certain officers) and Item 7.01 (Regulation FD disclosure), which cover director changes, committee appointments, director compensation references, and a related press release.

This filing does not show why the insider traded or why the company acted.