Form 4: Enpro Inc. Director David L. Hauser Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director David L. Hauser reports acquisition of phantom stock units due to dividend equivalent rights under Enpro Inc.'s compensation plans.
Summary
- On March 19, 2025, David L. Hauser, a director of Enpro Inc., reported changes in beneficial ownership.
- The changes involve the acquisition of phantom stock units due to dividend equivalent rights.
- 52 phantom stock units were acquired under the Amended and Restated 2002 Equity Compensation Plan of EnPro Industries, Inc.
- An additional 15.052 phantom stock units were acquired under the Deferred Compensation Plan for Non-Employee Directors of EnPro Industries, Inc.
- The price of the underlying common stock for these phantom stock units is $175.76.
- Hauser's total holdings after these transactions amount to 38,196.874 phantom stock units.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as it reflects standard compensation practices and insider participation in company equity.
Positives
- The acquisition of phantom stock units reflects continued participation in Enpro Inc.'s compensation plans.
- Dividend equivalent rights provide additional value to existing phantom stock awards.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The report provides transparency to shareholders regarding insider ownership and compensation.
Key Dates
| Date | Description |
|---|---|
| 03/19/2025 | Date of transaction: Acquisition of phantom stock units. |
| 03/20/2025 | Date of signature by Attorney-in-Fact. |
Keywords
phantom stock, Enpro Inc., David L. Hauser, beneficial ownership, director, dividend equivalent rights, equity compensation, Form 4
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