leadership
confidence high
sentiment neutral
materiality 0.60
Enerpac grants CEO Paul Sternlieb $4.5M special equity award
ENERPAC TOOL GROUP CORP
- Award totals $4.5M stated value: $3M in time-vesting RSUs, $1.5M in performance-vesting PSUs.
- RSUs vest 50% on first anniversary and 50% on second anniversary of grant date.
- PSU vesting tied to net revenue and adjusted EBITDA margin goals over FY2026 (fiscal year ending Aug 31, 2026).
- Award granted under 2017 Omnibus Incentive Plan to incentivize growth and CEO retention.