Form 4: Enpro Director William Abbey Increases Stake Through Phantom Stock Acquisition

Enpro Inc. Director William Abbey acquired 130.5142 units of phantom stock under the company's Deferred Compensation Plan, increasing his beneficial ownership to 1,197.7656 units.

Summary

• William Abbey, a Director of Enpro Inc. (NPO), acquired 130.5142 phantom stock units.
• The acquisition occurred on June 30, 2025, under the Deferred Compensation Plan for Non-Employee Directors of EnPro Industries, Inc.
• Each phantom stock unit is convertible on a 1-for-1 basis into Enpro Inc. Common Stock.
• The acquisition price for these units was $191.55 per unit.
• Following this transaction, William Abbey's total beneficial ownership of phantom stock units increased to 1,197.7656.
• These phantom stock units are exercisable upon retirement and do not have an expiration date.

Sentiment

Score: 7

Explanation: The acquisition of additional phantom stock by a director, particularly through a deferred compensation plan, generally indicates alignment of interests and confidence in the company's long-term prospects.

Positives

• Director William Abbey increased his beneficial ownership in Enpro Inc. through the acquisition of 130.5142 phantom stock units, signaling confidence in the company.
• The acquisition was made under the company's Deferred Compensation Plan for Non-Employee Directors, indicating a structured and long-term alignment of interests.
• The phantom stock units are exercisable upon retirement and have no expiration date, reinforcing a long-term commitment to the company's performance.

Future Outlook

This Form 4 filing reports a completed insider transaction and does not contain forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This filing details an individual insider transaction and does not provide information relevant to broader industry trends or competitive analysis.

Related Party Transactions

• Acquisition of 130.5142 phantom stock units by Director William Abbey under the Deferred Compensation Plan for Non-Employee Directors of EnPro Industries, Inc.

Stakeholder Impact

• Shareholders: The transaction indicates increased alignment of a director's financial interests with those of the shareholders, potentially signaling confidence in the company's long-term value.

Key Dates

Recommendation

Keywords

Enpro Inc., NPO, William Abbey, Director, Phantom Stock, Deferred Compensation Plan, Insider Transaction, SEC Form 4