Form 4: Enpro Inc. Director Reports Acquisition of Phantom Stock Due to Dividend Equivalent Rights

Director Adele M. Gulfo reports acquisition of phantom stock in Enpro Inc. due to dividend equivalent rights accrued under the company's equity compensation plan.

Summary

• On March 19, 2025, Adele M. Gulfo, a director of Enpro Inc., acquired phantom stock due to dividend equivalent rights.
• The acquisition is related to previously granted phantom stock awards under the Amended and Restated 2002 Equity Compensation Plan of EnPro Industries, Inc.
• The director acquired 7 phantom stock units at a price of $175.76, bringing the total holdings to 4,734 units.
• The phantom stock vests and pays out upon death, disability, or the vesting and payout of the underlying award.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The acquisition of phantom stock by a director may have a minor positive impact on shareholder confidence due to alignment of interests.

Key Dates

Keywords

Enpro Inc., Director, Phantom Stock, Dividend Equivalent Rights, Equity Compensation Plan, Form 4, NPO