NPO Form 4 reports multiple insider transactions
McLean Robert Savage reported multiple insider transaction types in a Form 4 filing for NPO.
Rhea-AI Filing Summary
McLean Robert Savage reported multiple insider transaction types in a Form 4 filing for NPO. The filing lists transactions totaling 6,851 shares at a weighted average price of $272.63 per share. Following the reported transactions, holdings were 32,430 shares.
Positive
- None.
Negative
- None.
Insights
Routine executive equity vesting with tax-share withholding, no thesis-changing move.
These transactions reflect standard equity compensation mechanics for Enpro EVP, GC, and CAO Robert Savage McLean. Restricted stock units converted into common shares at $0 exercise price, and additional shares were granted at $0.0000, consistent with typical RSU and stock award structures.
Codes M and A indicate derivative conversions and grants, while code F shows 217 and 1,295 shares withheld at $272.63 per share to satisfy tax or exercise obligations, rather than discretionary open-market selling. After these routine events, McLean held 31,909 common shares directly, with remaining RSUs vesting in thirds through 2027.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 774 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 2,589 | $0.00 | $0.00 |
| Exercise | Common Stock | 774 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,295 | $272.63 | $353K |
| Exercise | Restricted Stock Units | 601 | $0.00 | $0.00 |
| Exercise | Common Stock | 601 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 217 | $272.63 | $59K |
Footnotes (3)
- F1. Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
- F2. The restricted stock units will vest, subject to continued employment, in approximate equal thirds on 2/15/2025, 2/15/2026 and 2/15/2027.
- F3. The restricted stock units will vest, subject to continued employment, in approximate equal thirds on 2/16/2024, 2/16/2025 and 2/16/2026.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Enpro (NPO) EVP Robert McLean report?
What RSU activity did Enpro (NPO) report for Robert McLean on this Form 4?
What was the Enpro (NPO) stock price used in Robert McLean’s tax-withholding transactions?
What types of equity awards did Enpro (NPO) executive Robert McLean receive?
AI-generated analysis. How Rhea-AI works. Not financial advice.