Topercer Benjamin James has filed to sell 4,800 shares of Enerpac Tool Group Corp, valued at approximately $198,240. This transaction is significant as it reflects ongoing changes within the company and the broader machinery and equipment sector.
Background
Topercer Benjamin James is an officer at Enerpac Tool Group Corp, which is classified under the SIC code for Misc Industrial & Commercial Machinery & Equipment. The company, based in Milwaukee, Wisconsin, recently filed a Form 144 on November 2, 2026, indicating the intent to sell shares of its Class A stock.
What the Filing Says
The filing states that Topercer plans to sell 4,800 shares acquired through restricted stock vesting. The approximate sale date is noted as November 2, 2026. The aggregate market value of the shares is reported to be $198,240.
Impact
This sale may affect Enerpac Tool Group Corp's stock performance and investor sentiment. As an officer, Topercer's actions could signal confidence or concerns regarding the company's future. The filing indicates that there have been no other securities sold by Topercer in the past three months, suggesting this is a significant transaction.
What's Next
The filing does not say what happens next.
Details of the Transaction
The shares being sold are part of a restricted stock vesting that occurred on February 14, 2025. This indicates that Topercer received these shares as compensation, which aligns with common practices for executives in publicly traded companies.
Brokerage Information
The filing specifies that the transaction will be facilitated through Fidelity Brokerage Services LLC, located at 900 Salem Street, Smithfield, RI. This brokerage is responsible for executing the sale of the shares on behalf of Topercer.
Outstanding Shares
As of the filing date, Enerpac Tool Group Corp has a total of 51,305,685 shares outstanding. This figure provides context for the scale of the transaction relative to the overall equity of the company.
Company Background
Enerpac Tool Group Corp is incorporated in Wisconsin and operates under the SIC code for Misc Industrial & Commercial Machinery & Equipment. The company has undergone several name changes, previously known as Actuant Corp and Applied Power Inc, reflecting its evolving business focus over the years.
Future Considerations
The filing does not provide information on Topercer’s future plans regarding additional stock transactions or any insights into the company's strategic direction following this sale.
Read Next
Morgan Stanley files new Free Writing Prospectus for security
Cortland Growth & Income OP amends private offering details
Morgan Stanley Finance LLC Files Free Writing Prospectus
JPMorgan Chase Financial Co. files pricing supplement for notes
Morgan Stanley Files Free Writing Prospectus for New Securities
Morgan Stanley Finance files prospectus for new securities




