EnPro director grant: 121.68 deferred phantom shares added to holdings

Rhea-AI Filing Summary

Judith A. Reinsdorf, a director of EnPro Inc. (NPO), received 121.6814 share units of Phantom Stock under the company’s Deferred Compensation Plan for Non-Employee Directors on 09/30/2025. These units convert 1-for-1 into common stock and are exercisable upon retirement; the filing reports a per-share price figure of $226 and shows Ms. Reinsdorf beneficially owns 867.9504 shares following the award. The grant reflects deferred compensation for a non-employee director and vests upon retirement rather than immediately.

Positive

• Grant is under an established Deferred Compensation Plan, indicating a standard, pre-approved director compensation mechanism
• Units vest upon retirement, so there is no immediate issuance of common shares or immediate cash payout
• Reported increase in beneficial ownership to 867.9504 shares, aligning the director’s interests with shareholders

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: Routine deferred-compensation award to a director that vests on retirement; limited immediate dilution and standard governance treatment.

The filing documents a non-cash grant of 121.6814 phantom share units under the Deferred Compensation Plan for Non-Employee Directors, converting 1-for-1 to common shares upon retirement. This is a standard method to compensate and retain directors without immediate cash payout. The reported per-share price figure ($226) appears to be a reference value used for recordkeeping; the units are exercisable only upon retirement, so there is no immediate issuance of common stock. For investors, this is a routine governance disclosure with limited near-term impact on share count or operations.

Securities Compliance Analyst

TL;DR: Disclosure meets Section 16 reporting requirements for an insider award; no unusual transaction types or immediate dispositions reported.

The Form 4 reports acquisition code A for phantom stock units granted to a director under an established deferred compensation arrangement. The award increases the director’s beneficial holdings to 867.9504 shares on a direct basis. The award’s exercisability is contingent on retirement and the units do not expire, which should be tracked for future reporting when the conversion event occurs. From a compliance standpoint, the transaction is properly documented as a single-person filing and uses standard transaction codes and explanatory notes.

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^*

Reinsdorf Judith A

(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)		121.6814		(3)	(4)	Common Stock	121.6814	$226	867.9504	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 Judith A. Reinsdorf	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 director Judith A. Reinsdorf receive according to the Form 4 (NPO)?

She received 121.6814 phantom stock share units under the Deferred Compensation Plan for Non-Employee Directors, convertible 1-for-1 to common stock.

When are the phantom stock units exercisable for Ms. Reinsdorf?

The units are exercisable upon retirement and have no expiration date according to the filing.

How many shares does Ms. Reinsdorf beneficially own after the reported transaction?

The filing reports 867.9504 shares beneficially owned following the award.

Was this a cash purchase or a compensation award?

This was a compensation award of phantom stock share units under the company’s deferred compensation plan (transaction code A).

Is there any immediate dilution from this award?

No immediate dilution is reported because the units convert upon retirement rather than representing currently issued common shares.