Form 4: Enpro Director Boosts Stake with Phantom Stock Acquisition
Insider Transaction Report
Enpro Inc. Director Judith A. Reinsdorf acquired 128.4267 phantom stock units under a deferred compensation plan, increasing her beneficial ownership to 997.0357 units.
Summary
- Judith A. Reinsdorf, a Director of Enpro Inc. (NPO), acquired phantom stock units.
- The acquisition involved 128.4267 phantom stock units.
- These units were acquired at a price of $214.13 per unit.
- The transaction date for the acquisition was December 31, 2025.
- The units were acquired under the Deferred Compensation Plan for Non-Employee Directors (as amended and restated) of EnPro Industries, Inc.
- Following this transaction, Ms. Reinsdorf beneficially owns 997.0357 phantom stock units directly.
- Each phantom stock unit is convertible 1-for-1 into Common Stock.
- The units are exercisable upon retirement and do not have an expiration date.
Sentiment
Score: 7
Explanation: The acquisition of phantom stock by a director under a deferred compensation plan is generally viewed positively as it aligns the director's interests with those of shareholders, indicating confidence in the company's future.
Positives
- Director Judith A. Reinsdorf increased her beneficial ownership in Enpro Inc. by acquiring 128.4267 phantom stock units.
- The acquisition was made under a deferred compensation plan, which aligns the director's financial interests with those of the company's shareholders.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Shareholders: Increased alignment of director's interests with shareholders due to increased equity ownership through the deferred compensation plan.
Key Dates
| Date | Description |
|---|---|
| 12/31/2025 | Transaction date for the acquisition of phantom stock units. |
| 01/05/2026 | Signature date of the reporting person's attorney-in-fact. |
Keywords
Enpro Inc., NPO, Form 4, Insider Transaction, Director Compensation, Phantom Stock, Deferred Compensation
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