Enpro director granted 99.74 phantom stock units
Enpro Inc. director William Abbey reported receiving a grant of phantom stock tied to the company’s common stock.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
Enpro Inc. director William Abbey reported receiving a grant of phantom stock tied to the company’s common stock. He acquired 99.7407 phantom stock share units under Enpro’s Deferred Compensation Plan for Non-Employee Directors.
Each unit represents a 1-for-1 interest in Enpro common stock and is exercisable upon retirement with no expiration date. Following this grant, Abbey directly holds a total of 1,530.3853 phantom stock share units linked to Enpro common stock.
Insider Trade Summary
Grant/Award: 99.7407 shares
Grant/Award
1 txn
Insider
Abbey William
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 99.7407 | $250.65 | $25K |
Holdings After Transaction:
Phantom Stock — 1,530.3853 contracts (Direct)
Footnotes (4)
- F1. 1-for-1
- F2. Share units acquired under the Deferred Compensation Plan for Non-Employee Directors (as amended and restated) of EnPro Industries, Inc.
- F3. Upon retirement
- F4. These shares do not have an expiration date and they are exercisable upon retirement
Key Figures
Phantom stock units granted: 99.7407 units
Price per phantom stock unit: $250.6500 per unit
Total phantom units after grant: 1,530.3853 units
+2 more
5 metrics
Phantom stock units granted
99.7407 units
Grant under Deferred Compensation Plan for Non-Employee Directors on 2026-03-31
Price per phantom stock unit
$250.6500 per unit
Transaction price per phantom stock unit on 2026-03-31
Total phantom units after grant
1,530.3853 units
Director’s phantom stock balance following the reported transaction
Underlying common stock
99.7407 shares
Underlying Enpro common shares corresponding to granted phantom stock units
Conversion or exercise price
$0.0000
Conversion or exercise price for the phantom stock units
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" and underlying_security_title: "Common 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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Enpro Inc. (NPO) director William Abbey report on this Form 4?
William Abbey reported an acquisition of phantom stock share units. He received 99.7407 phantom stock units tied to Enpro common stock under the Deferred Compensation Plan for Non-Employee Directors, increasing his total phantom stock holdings to 1,530.3853 units following the transaction.
How many Enpro Inc. (NPO) phantom stock units did William Abbey receive?
He received 99.7407 phantom stock share units. These units were granted as part of Enpro’s Deferred Compensation Plan for Non-Employee Directors and are linked on a 1-for-1 basis to Enpro common stock, becoming exercisable upon his retirement according to the filing footnotes.
What is the relationship between Enpro Inc. (NPO) phantom stock units and common stock?
Each phantom stock unit corresponds 1-for-1 to Enpro common stock. The filing notes a 1-for-1 relationship and states that the share units are exercisable upon retirement, providing a direct linkage between the phantom stock units and Enpro’s common shares for the director.
When can William Abbey’s Enpro Inc. (NPO) phantom stock units be exercised?
The phantom stock units are exercisable upon retirement. Footnotes specify that these shares do not have an expiration date and they are exercisable when the director retires, indicating that settlement is tied to the timing of William Abbey’s retirement from board service.
What is William Abbey’s total Enpro Inc. (NPO) phantom stock holding after this grant?
After this grant, he directly holds 1,530.3853 phantom stock share units. This total reflects his position in phantom stock linked to Enpro common shares following the acquisition of 99.7407 additional units under the company’s Deferred Compensation Plan for Non-Employee Directors.
Does the Enpro Inc. (NPO) phantom stock grant to William Abbey have an expiration date?
The phantom stock grant does not have an expiration date. According to the footnotes, these phantom stock share units are exercisable upon retirement and explicitly described as having no expiration, which means the grant remains outstanding until the director retires and exercises them.
AI-generated analysis. How Rhea-AI works. Not financial advice.
