NPO.NYSEEnpro INC

Form 4: Enpro Inc. Director John Humphrey Reports Changes in Beneficial Ownership

Sentiment:

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

DateDescription
03/19/2025Date of transaction: Acquisition of phantom stock units.
03/20/2025Date of report filing.

Keywords

Form 4, Beneficial Ownership, Phantom Stock, Dividend Equivalent Rights, Enpro Inc., Director, John Humphrey

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