Form 4: Enpro Inc. Director Acquires Phantom Stock Under Equity Compensation Plan

Director Adele M. Gulfo acquired 685 shares of phantom stock in Enpro Inc. under the company's 2020 Equity Compensation Plan.

Summary

• On February 13, 2025, Adele M. Gulfo, a director of Enpro Inc., acquired 685 shares of phantom stock.
• The acquisition was made pursuant to the Enpro Industries, Inc. 2020 Equity Compensation Plan.
• The price of the phantom stock was $182.27 per share.
• Gulfo elected to defer receipt of the shares, which will be delivered in a lump sum upon separation from service.
• Following the transaction, Gulfo beneficially owns 4,727 shares of phantom stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to executive compensation, which is generally viewed neutrally to positively as it aligns management interests with shareholders.

Positives

• The acquisition of phantom stock by a director signals confidence in the company's future performance.
• The equity compensation plan aligns the director's interests with those of the shareholders.

Future Outlook

The director's deferred receipt of shares suggests a long-term commitment to the company.

Industry Context

Equity compensation plans are common in publicly traded companies to incentivize and retain key personnel.

Stakeholder Impact

• The acquisition of phantom stock by a director can positively influence shareholder sentiment.

Key Dates

Keywords

Enpro Inc., phantom stock, director, equity compensation plan, Form 4, Gulfo, NPO