EnPro Form 4: Director William Abbey Gains 110.62 Deferred Share Units

Rhea-AI Filing Summary

William Abbey, a director of EnPro Industries, Inc. (NPO), acquired 110.6195 phantom share units 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 the reporting person's retirement; they have no expiration date. Following the reported acquisition, Mr. Abbey beneficially owns 1,310.0892 shares of common stock directly. The Form 4 was executed by Angela P. Winter as attorney-in-fact and dated 10/01/2025.

Positive

• Beneficial ownership increased to 1,310.0892 shares following the acquisition of 110.6195 phantom units
• Phantom units convert 1-for-1 into common stock and are exercisable upon retirement, aligning director compensation with shareholder outcomes
• No expiration date on the acquired units provides long-term alignment until retirement

Negative

• None.

Insights

Financial Analyst

TL;DR: Routine director deferred-compensation conversion increases direct ownership modestly; immaterial to company valuation.

The filing documents a non-cash acquisition of 110.6195 phantom stock units under EnPro's Deferred Compensation Plan for Non-Employee Directors, converting 1-for-1 into common shares upon retirement. This is a compensation-related issuance to a director rather than an open-market purchase, and it increases the director's direct beneficial ownership to 1,310.0892 shares. No exercise price or expiration applies to the phantom units, and the reported price of $226 appears as the reference value in the filing. The transaction is routine and does not disclose any change in control, cash outlay, or immediate market-facing transaction.

Corporate Governance Expert

TL;DR: Standard deferred-compensation mechanics for a non-employee director; aligns long-term interests through retirement-vested units.

The disclosure specifies the grant and conversion mechanics: units are granted under the amended and restated Deferred Compensation Plan for Non-Employee Directors and become exercisable upon the director's retirement with no expiration date. Such arrangements are common for non-employee directors to defer compensation and align incentives over tenure. The Form 4 was properly signed via attorney-in-fact and lists the reporting person as a director, indicating compliance with Section 16 reporting obligations.

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^*

Abbey William

(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	1,310.0892	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 William Abbey	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 William Abbey report on Form 4 (NPO)?

He reported acquiring 110.6195 phantom stock units under the Deferred Compensation Plan for Non-Employee Directors on 09/30/2025, increasing direct beneficial ownership to 1,310.0892 shares.

Are the phantom stock units exercisable and do they expire?

The units are exercisable upon retirement and the filing states they do not have an expiration date.

What is the conversion ratio for the reported phantom units?

The filing states a 1-for-1 conversion ratio into common stock.

Was this a cash purchase or a compensation-related issuance?

This was a compensation-related acquisition under the Deferred Compensation Plan for Non-Employee Directors, not an open-market cash purchase.

Who signed the Form 4 and when was it dated?

Angela P. Winter signed as attorney-in-fact for William Abbey and the signature is dated 10/01/2025.