Form 4: EnPro director granted phantom stock units convertible 1-for-1 at retirement

Rhea-AI Filing Summary

EnPro Industries director Adele M. Gulfo was reported as acquiring 110.6195 phantom stock units under the company's Deferred Compensation Plan for Non-Employee Directors on 09/30/2025. The filing states a 1-for-1 conversion of those phantom units into common stock upon retirement, with the units tied to 110.6195 underlying shares and a referenced price of $226. After this reported transaction, the form shows 5,143.3186 shares beneficially owned following the transaction. The acquisition was reported via Form 4 and signed by an attorney-in-fact on 10/01/2025.

Insights

Corporate Governance Expert

TL;DR: Routine director compensation entry: phantom units granted under an established deferred compensation plan, exercisable at retirement.

The report documents a non-employee director receiving 110.6195 phantom stock units under the Deferred Compensation Plan for Non-Employee Directors, converted 1-for-1 into common shares upon retirement. This is a standard governance practice to align long-term director incentives with shareholder outcomes. The Form 4 shows the change in beneficial ownership to 5,143.3186 shares following the transaction. There is no indication of an unusual timing, accelerated vesting, or cashless exercise in the filing; disclosures are limited to the grant, conversion ratio, and exercisability upon retirement.

Securities Analyst

TL;DR: A small, routine grant of phantom units to a director; immaterial to EnPro's capitalization in isolation.

The filing records acquisition of 110.6195 phantom stock units with a noted price reference of $226 and an aggregate beneficial ownership of 5,143.3186 shares post-transaction. This appears to be compensation-related rather than open-market trading, and the units convert 1-for-1 into common stock upon retirement. The disclosure is concise and limited; it does not provide valuation methodology, tax treatment, or timing beyond exercisability at retirement, so material impact assessment is constrained by the document's narrow scope.

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
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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^*

Gulfo Adele M.

(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)
09/30/2025

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)	09/30/2025		A(2)		110.6195		(3)	(4)	Common Stock	110.6195	$226	5,143.3186	D

Explanation of Responses:

1. 1-for-1

2. Share units acquired under the Deferred Compensation Plan for Non-Employee Directors (as amended and restated) of EnPro Industries, Inc.

3. Upon retirement

4. These shares do not have an expiration date and they are exercisable upon retirement

	Angela P. Winter, Attorney-in-Fact of Adele M. Gulfo	10/01/2025
	** 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 Adele M. Gulfo acquire on 09/30/2025?

The Form 4 reports acquisition of 110.6195 phantom stock units under the Deferred Compensation Plan for Non-Employee Directors.

How many shares does Adele M. Gulfo beneficially own after the reported transaction?

The filing shows 5,143.3186 shares beneficially owned following the reported transaction.

When are the phantom units exercisable or convertible to common stock?

The filing states the phantom units convert 1-for-1 and are exercisable upon retirement.

What price is referenced in the Form 4 for the transaction?

The document references a price of $226 alongside the reported units; no further valuation detail is provided.

Who signed the Form 4 for Adele M. Gulfo and when?

The Form 4 was signed by Angela P. Winter, Attorney-in-Fact on 10/01/2025.