Form 4: Enpro Inc. Director William Abbey Reports Acquisition of Phantom Stock Units
SEC Form 4 Filing
Director William Abbey reports acquisition of phantom stock units in Enpro Inc. through a deferred compensation plan.
Summary
- On March 31, 2025, William Abbey, a director of Enpro Inc., acquired 154.5213 units of phantom stock under the Deferred Compensation Plan for Non-Employee Directors.
- These share units were acquired at a price of $161.79.
- Following the transaction, Abbey directly owns 1,065.4743 units of phantom stock.
- The phantom stock is exercisable upon retirement and does not have an expiration date.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, and the transaction itself doesn't necessarily indicate positive or negative sentiment. It reflects a director's participation in a deferred compensation plan.
Positives
- The acquisition of phantom stock demonstrates the director's continued investment and alignment with the company's long-term performance.
Future Outlook
Not applicable, as the document primarily reports a transaction.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of transaction: William Abbey acquired phantom stock units. |
| 04/01/2025 | Date of report filing. |
Keywords
phantom stock, director, Enpro Inc., NPO, William Abbey, deferred compensation, Form 4, beneficial ownership
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