Form 4: Enpro Director Acquires Deferred Stock Units

Enpro Inc. Director Adele M. Gulfo acquired 110.6195 phantom stock units under a deferred compensation plan, increasing her beneficial ownership to 5,143.3186 units.

Summary

• Adele M. Gulfo, a Director of Enpro Inc. (NPO), acquired 110.6195 phantom stock units.
• The acquisition occurred on September 30, 2025, under the Deferred Compensation Plan for Non-Employee Directors.
• Each phantom stock unit is convertible on a 1-for-1 basis into common stock.
• Following this transaction, Ms. Gulfo beneficially owns a total of 5,143.3186 phantom stock units.
• The phantom stock units do not have an expiration date and are exercisable upon retirement.
• The implied price of the derivative security at the time of acquisition was $226 per unit.

Sentiment

Score: 6

Explanation: The acquisition of phantom stock units by a director, even through a deferred compensation plan, is generally a neutral to slightly positive signal, indicating continued alignment of interests and participation in the company's equity.

Positives

• The acquisition of additional phantom stock units by a director aligns management's interests with those of shareholders, indicating continued commitment to the company's long-term performance.
• Participation in the Deferred Compensation Plan for Non-Employee Directors demonstrates a structured approach to executive compensation and retention.

Industry Context

This is a routine insider transaction related to a director's compensation plan, which is a common practice across various industries to align director incentives with company performance. It does not provide specific insights into broader industry trends or competitive positioning.

Stakeholder Impact

• Shareholders: The transaction signals continued commitment from a director, which can be viewed positively as it aligns their financial interests with the company's long-term success.

Key Dates

Keywords

Enpro Inc., NPO, Adele M. Gulfo, Director, Phantom Stock, Deferred Compensation, Insider Transaction, SEC Form 4, Equity Compensation