Form 4: Enpro Inc. Director Judith A. Reinsdorf Reports Acquisition of Phantom Stock
SEC Filing Form 4
Director Judith A. Reinsdorf reports acquiring phantom stock in Enpro Inc. through a deferred compensation plan.
Summary
- Judith A. Reinsdorf, a director of Enpro Inc., filed a Form 4 with the SEC.
- The report details the acquisition of phantom stock units under the Deferred Compensation Plan for Non-Employee Directors.
- On March 31, 2025, Reinsdorf acquired 169.9734 phantom stock units at a price of $161.79 per unit.
- Following the transaction, Reinsdorf directly owns 601.9734 phantom stock units.
- These shares are exercisable upon retirement and do not have an expiration date.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing and has a neutral sentiment. It simply reports a transaction.
Positives
- The acquisition of phantom stock aligns the director's interests with the long-term performance of the company.
- The Deferred Compensation Plan allows directors to defer income and potentially benefit from future stock appreciation.
Future Outlook
The document does not contain any specific forward-looking statements regarding Enpro Inc.'s future performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Phantom stock plans are a common way to compensate directors and align their interests with shareholders.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it involves phantom stock and deferred compensation.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of phantom stock acquisition |
| 04/01/2025 | Date of Form 4 filing |
Keywords
Form 4, Enpro Inc., Judith A. Reinsdorf, phantom stock, director, Deferred Compensation Plan, SEC
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