Hinnen Mart Theodore William, an executive at Enerpac Tool Group Corp, recently filed an SEC report detailing the sale of 350 shares of the company. This transaction, which took place on October 23, 2026, is significant as it reflects the ongoing adjustments in ownership stakes among key personnel.
Enerpac Tool Group Corp, identified under the SEC file number 001-11288, operates in the industrial machinery and equipment sector. The company is headquartered in Milwaukee, Wisconsin, and is known for its innovative solutions in the industrial and commercial machinery space.
According to the filing, Hinnen Mart Theodore William sold the shares at a price of $35.79 per share. Following this transaction, he retains ownership of 13,540 shares of Enerpac Tool Group Corp. The filing indicates that this change in ownership was reported under the SEC Act of 1934.
This update may affect stakeholders within Enerpac Tool Group as well as the broader industrial machinery industry. Changes in executive shareholdings can influence market perceptions and investor confidence.
Details were not available in the SEC filing regarding any further actions or implications stemming from this transaction.
Executive Role and Company Background
Hinnen Mart Theodore William serves as the Executive Vice President of Innovation and Technology at Enerpac Tool Group Corp, indicating his significant influence within the company. His role likely involves overseeing the development of new technologies and innovative solutions that align with the company's strategic objectives.
Enerpac Tool Group Corp, previously known as Actuant Corp, Applied Power Inc, and Applied Power Industries Inc, has a rich history in the industrial machinery sector. The company is incorporated in Wisconsin and has its fiscal year ending on August 31.
Transaction Details
The SEC filing specifies that the shares sold were Class A Common Stock, which is a common equity type for publicly traded companies. The transaction was coded as a disposal, indicating that it was a sale rather than an acquisition of shares.
“The transaction was reported under the SEC Act of 1934, ensuring compliance with regulatory requirements for insider trading and ownership disclosures.”
The filing does not include information on whether Hinnen Mart Theodore William plans any future transactions or changes in his ownership stake, nor does it provide insights into the rationale behind the sale of the shares.
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