Form 4: Enpro Inc. Director John Humphrey Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director John Humphrey reports acquisition of phantom stock units due to dividend equivalent rights under Enpro's compensation plans.
Summary
- On March 19, 2025, John Humphrey, a director of Enpro Inc., reported acquiring phantom stock units.
- These acquisitions are due to dividend equivalent rights accrued under Enpro's Deferred Compensation Plan for Non-Employee Directors and the Amended and Restated 2002 Equity Compensation Plan.
- Humphrey acquired 16.5657 phantom stock units and 16 phantom stock units, both at a price of $175.76.
- Following these transactions, Humphrey's total holdings amount to 17,738.7653 phantom stock units.
- The phantom stock units are 1-for-1 convertible to common stock and vest upon death, disability, or vesting and payout of the underlying award.
Sentiment
Score: 7
Explanation: The document is a standard regulatory filing detailing changes in beneficial ownership, which is neutral to slightly positive as it reflects ongoing compensation practices.
Industry Context
This filing is a routine disclosure related to executive compensation and holdings, common in publicly traded companies. It provides transparency regarding the alignment of director interests with shareholder value through equity-based compensation.
Stakeholder Impact
- The filing provides transparency to shareholders regarding director compensation and alignment of interests.
Key Dates
| Date | Description |
|---|---|
| 03/19/2025 | Date of transaction: Acquisition of phantom stock units. |
| 03/20/2025 | Date of report filing. |
Keywords
Form 4, Beneficial Ownership, Phantom Stock, Dividend Equivalent Rights, Enpro Inc., Director, John Humphrey
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.