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 March 20, 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 1.0777 shares of phantom stock at a price of $159.77, resulting in a total of 2,173.0139 shares of phantom stock beneficially owned.
• The phantom stock is held directly and 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 regarding changes in beneficial ownership, indicating a neutral sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies. It reflects the accrual of dividend equivalent rights on previously granted phantom stock awards, which is a common practice in executive compensation plans.

Stakeholder Impact

• The change in beneficial ownership is unlikely to have a significant impact on stakeholders as it relates to phantom stock accruals.

Key Dates