NPO Form 4: William Abbey Adds Phantom Stock Dividend Equivalents

Rhea-AI Filing Summary

EnPro Industries insider William Abbey reported an acquisition of phantom stock dividend equivalents under the company's Deferred Compensation Plan for Non-Employee Directors. The reported transaction, dated 09/17/2025, shows an accrual of 1.7041 phantom shares with an indicated per-share value of $217.89, and a total beneficial ownership following the transaction of 1,199.4697 common-stock-equivalent shares held directly. The filing explains these are dividend equivalent rights tied to previously awarded phantom stock and will vest and pay out upon death, disability, or when the underlying awards vest and pay out. The Form 4 was signed by an attorney-in-fact on 09/18/2025.

Positive

• Dividend equivalents were accrued into the Deferred Compensation Plan, increasing the director's phantom-stock balance to 1,199.4697 common-stock equivalents
• Transaction is a non-cash, routine governance action under the Deferred Compensation Plan for Non-Employee Directors with clear vesting/payout triggers

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: Routine accrual of dividend equivalents into phantom stock for a non-employee director; governance mechanics, not a market-moving trade.

The reported entry documents dividend-equivalent accruals into the Deferred Compensation Plan for Non-Employee Directors rather than a cash purchase or sale of common stock. This increases the director's phantom-stock balance to 1,199.4697 common-stock equivalents held directly and clarifies payout triggers (death, disability, or vesting/payout of underlying awards). From a governance perspective, the disclosure is consistent with standard deferred-compensation administration and does not indicate active open-market buying or selling.

Securities Compliance Analyst

TL;DR: Filing meets Section 16 reporting requirements for an accrued, non-derivative-equivalent transaction; no regulatory issues apparent.

The Form 4 identifies the transaction code as an accrual (dividend equivalents) and reports direct beneficial ownership post-transaction. The signature by an attorney-in-fact is dated 09/18/2025, satisfying signature disclosure. There are no indications of amendments, thresholds crossed, or atypical patterns that would raise immediate compliance concerns based on the provided information.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Abbey William

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock	1.704	$217.89	$371.31

Holdings After Transaction: Phantom Stock — 1,199.47 shares (Direct)

Footnotes (1)

1. 1-for-1 Dividend equivalent rights accrued to previously acquired phantom stock under the Deferred Compensation Plan for Non-Employee Directors (as amended and restated) of EnPro Industries, Inc. Vesting and payout occurs on the earliest of death, disability or the vesting and payout of the underlying award with respect to which the dividend equivalents relate. Balance includes multiple phantom stock grants, phantom stock accruals and previously accrued dividend equivalents.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Abbey William

(Last) (First) (Middle)

5605 CARNEGIE BLVD.

SUITE 500

(Street)

CHARLOTTE NC 28209

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Enpro Inc. [ NPO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/17/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Phantom Stock	(1)	09/17/2025		A(2)		1.7041		(3)	(3)	Common Stock	1.7041	$217.89	1,199.4697(4)	D

Explanation of Responses:

1. 1-for-1

2. Dividend equivalent rights accrued to previously acquired phantom stock under the Deferred Compensation Plan for Non-Employee Directors (as amended and restated) of EnPro Industries, Inc.

3. Vesting and payout occurs on the earliest of death, disability or the vesting and payout of the underlying award with respect to which the dividend equivalents relate.

4. Balance includes multiple phantom stock grants, phantom stock accruals and previously accrued dividend equivalents.

	Angela P. Winter, attorney-in-fact of William Abbey	09/18/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did EnPro (NPO) director William Abbey report on Form 4?

The report discloses an accrual of 1.7041 phantom stock dividend equivalents dated 09/17/2025, bringing his direct beneficial ownership to 1,199.4697 common-stock equivalents.

Was this Form 4 a purchase or sale of EnPro common stock (NPO)?

No. The filing records dividend equivalent accruals into phantom stock under the Deferred Compensation Plan, not an open-market purchase or sale.

What value is associated with the reported phantom stock accrual?

The filing shows a per-share value of $217.89 for the underlying common-stock-equivalent unit related to the accrual.

When do these phantom stock dividend equivalents vest or pay out?

Vesting and payout occur on the earliest of death, disability, or the vesting and payout of the underlying award to which the dividend equivalents relate.

Who signed the Form 4 for William Abbey and when?

The Form 4 was signed by Angela P. Winter, attorney-in-fact, on 09/18/2025.