Enpro (NYSE: NPO) director receives new phantom stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Reinsdorf Judith A reported acquisition or exercise transactions in this Form 4 filing.
Enpro Inc. director Judith A. Reinsdorf received a grant of phantom stock units as part of her board compensation. She was awarded 111.7096 phantom stock units, each valued at $250.65, credited under the company’s Deferred Compensation Plan for Non-Employee Directors.
These phantom stock units are settled on a 1-for-1 basis into common stock upon retirement and do not have an expiration date. Following this grant, Reinsdorf holds a total of 1109.4668 phantom stock units linked to Enpro common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Reinsdorf Judith A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 111.71 | $250.65 | $28K |
Holdings After Transaction:
Phantom Stock — 1,109.467 shares (Direct)
Footnotes (1)
- 1-for-1 Share units acquired under the Deferred Compensation Plan for Non-Employee Directors (as amended and restated) of EnPro Industries, Inc. Upon retirement These shares do not have an expiration date and they are exercisable upon retirement
Key Figures
Phantom stock units granted: 111.7096 units
Unit value: $250.65 per unit
Total phantom units after grant: 1109.4668 units
+1 more
4 metrics
Phantom stock units granted
111.7096 units
Grant under Deferred Compensation Plan for Non-Employee Directors
Unit value
$250.65 per unit
Value used for phantom stock grant on 2026-03-31
Total phantom units after grant
1109.4668 units
Director’s phantom stock balance following the transaction
Conversion ratio
1-for-1
Each phantom stock unit converts into one share of common stock
Key Terms
Phantom Stock, Deferred Compensation Plan for Non-Employee Directors, 1-for-1, exercisable upon retirement
4 terms
Phantom Stock financial
"security_title: "Phantom Stock""
A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.
Deferred Compensation Plan for Non-Employee Directors financial
"Share units acquired under the Deferred Compensation Plan for Non-Employee Directors"
1-for-1 financial
"1-for-1"
exercisable upon retirement financial
"These shares do not have an expiration date and they are exercisable upon retirement"
FAQ
What did Enpro (NPO) director Judith A. Reinsdorf report on this Form 4?
She reported receiving a grant of phantom stock units as non-cash board compensation. The award adds 111.7096 phantom stock units tied to Enpro common stock, increasing her total phantom stock holdings to 1109.4668 units under the company’s deferred compensation plan.
How many phantom stock units did the Enpro (NPO) director receive?
Judith A. Reinsdorf received 111.7096 phantom stock units. These units are part of Enpro’s Deferred Compensation Plan for Non-Employee Directors and are designed to mirror the value of Enpro common stock, settling in shares when she retires from the board.
What is the value per phantom stock unit in the Enpro (NPO) Form 4 filing?
Each phantom stock unit was valued at $250.65. This per-unit value is used to credit compensation under the deferred compensation plan and reflects the notional value linked to Enpro’s common stock rather than a cash purchase in the open market.
When do the Enpro (NPO) phantom stock units become exercisable for the director?
The phantom stock units become exercisable upon retirement. According to the disclosure, the units have no expiration date and are settled on a 1-for-1 basis into Enpro common stock when Judith A. Reinsdorf retires from her role as a non-employee director.
How many total phantom stock units does the Enpro (NPO) director hold after this grant?
After this award, Judith A. Reinsdorf holds 1109.4668 phantom stock units. This total reflects all phantom stock credited to her under Enpro’s Deferred Compensation Plan for Non-Employee Directors, providing equity-linked compensation that settles in stock at retirement.