Form 4: Enpro Inc. Director Ronald C. Keating Reports Changes in Beneficial Ownership

Director Ronald C. Keating reports changes in beneficial ownership of Enpro Inc. stock due to dividend equivalent rights accrued to previously acquired phantom stock.

Summary

• On September 18, 2024, Ronald C. Keating, a director of Enpro Inc., reported changes in his beneficial ownership of the company's stock.
• The changes are due to dividend equivalent rights accrued to previously acquired phantom stock under the Deferred Compensation Plan for Non-Employee Directors.
• Keating acquired 1.7153 shares of phantom stock at a price of $156.77, resulting in a balance of 2,496.0752 shares of phantom stock.
• The vesting and payout of the phantom stock occurs on the earliest of death, disability, or the vesting and payout of the underlying award.

Sentiment

Score: 7

Explanation: The document is a standard regulatory filing indicating routine compensation adjustments. It doesn't suggest any significant positive or negative implications for the company's financial health or future prospects.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It reflects standard practices for compensating non-employee directors with deferred compensation plans.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, primarily reflecting adjustments to director compensation.

Key Dates