Enerpac Tool Group Corp. Reports Board and Executive Changes

Ticker: EPAC · Form: 8-K · Filed: Jan 23, 2025 · CIK: 6955

Sentiment: neutral

Topics: governance, executive-compensation, board-changes

TL;DR

Enerpac Tool Group Corp. filed an 8-K detailing board and executive compensation changes effective Jan 23, 2025.

AI Summary

Enerpac Tool Group Corp. announced on January 23, 2025, changes related to its board of directors and executive compensation. Specifically, the company reported the departure of certain officers and directors, the election of new directors, and adjustments to compensatory arrangements for its officers. The filing also includes financial statements and exhibits.

Why It Matters

Changes in board composition and executive compensation can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.

Risk Assessment

Risk Level: medium — Changes in executive and board personnel can introduce uncertainty regarding future strategy and operations.

Key Players & Entities

FAQ

What specific roles have seen departures of officers or directors?

The filing indicates the departure of certain officers and directors, but does not specify the exact roles in this summary section.

When were the new directors elected?

The filing reports on the election of directors as of January 23, 2025.

What is the nature of the compensatory arrangements being reported?

The filing mentions compensatory arrangements of certain officers, but the specific details of these arrangements are not provided in the summary.

What is the company's state of incorporation?

The company is incorporated in Wisconsin.

What is the company's primary business classification?

The company is classified under MISC INDUSTRIAL & COMMERCIAL MACHINERY & EQUIPMENT [3590].

Filing Stats: 632 words · 3 min read · ~2 pages · Grade level 10.9 · Accepted 2025-01-23 16:51:36

Key Financial Figures

Filing Documents

01 Exhibits

Item 9.01 Exhibits (d) Exhibits Exhibit No. Description 10.1 Form of Performance Share Award (PSU) Agreement under the 2017 Omnibus Incentive Plan (Total Shareholder Return) (for awards commencing in 2024) 10.2 Form of Performance Share Award (PSU) Agreement under the 2017 Omnibus Incentive Plan (Return on Invested Capital) (for awards commencing in 2024) 10.3 Form of Performance Share Award (PSU) Agreement under the 2017 Omnibus Incentive Plan (Earnings Per Share) (for awards commencing in 2024) 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: January 23, 2025 ENERPAC TOOL GROUP CORP. By: /s/ James Denis James Denis Executive Vice President, General Counsel, Secretary, and Chief Compliance Officer

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