Enpro (NPO) director awarded 74 phantom stock units under deferred plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Enpro Inc. director Judith A. Reinsdorf received a grant of 74 phantom stock units tied to the company’s common stock. The units were valued at $376.93 per unit for reporting purposes and increase her phantom stock balance to 1,184.063 units.
The award was made under Enpro’s Deferred Compensation Plan for Non-Employee Directors and converts on a 1-for-1 basis into common stock equivalents. The phantom units have no expiration date and become exercisable upon retirement, reinforcing long-term alignment with the company’s performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Reinsdorf Judith A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 74 | $376.93 | $28K |
Holdings After Transaction:
Phantom Stock — 1,184.063 shares (Direct, null)
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: 74 units
Reported unit value: $376.93 per unit
Total phantom units after grant: 1,184.063 units
+2 more
5 metrics
Phantom stock units granted
74 units
Grant of phantom stock on 2026-06-30
Reported unit value
$376.93 per unit
Phantom stock transaction price per unit
Total phantom units after grant
1,184.063 units
Phantom stock balance following transaction
Underlying common stock equivalents
74 shares
Underlying common stock for the new phantom units
Conversion/exercise price
$0.00
Conversion or exercise price for phantom stock units
Key Terms
Phantom Stock, Deferred Compensation Plan for Non-Employee Directors, underlying security, conversion or exercise price
4 terms
Phantom Stock financial
"security_title: "Phantom Stock" and underlying security tied to 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"
underlying security financial
"underlying_security_title: "Common Stock" and underlying_security_shares"
conversion or exercise price financial
"conversion_or_exercise_price: "0.0000" for the phantom stock units"
FAQ
What did Enpro (NPO) director Judith A. Reinsdorf report in this Form 4?
She reported receiving 74 phantom stock units tied to Enpro common stock. The award is compensation under the Deferred Compensation Plan for Non-Employee Directors and increases her phantom stock balance to 1,184.063 units.
How large is Judith Reinsdorf’s new phantom stock award at Enpro (NPO)?
The new award covers 74 phantom stock units valued at $376.93 per unit. These units track Enpro’s common stock and are part of her non-employee director compensation package under the company’s deferred compensation plan.
What are Judith Reinsdorf’s total phantom stock holdings in Enpro (NPO) after this grant?
After the grant, she holds 1,184.063 phantom stock units. This figure reflects cumulative awards under Enpro’s deferred compensation plan and represents common stock equivalents linked to the company’s share price performance.
How do Enpro (NPO) phantom stock units convert into common stock?
Each phantom stock unit converts on a 1-for-1 basis into common stock equivalents. The filing states a 1-for-1 relationship between phantom units and Enpro’s common stock, aligning the director’s compensation with shareholder value.
When do Judith Reinsdorf’s Enpro (NPO) phantom stock units become exercisable?
The phantom stock units have no expiration date and are exercisable upon retirement. This structure encourages long-term service and ties a director’s compensation to Enpro’s performance over the duration of their board tenure.
Is Judith Reinsdorf’s Enpro (NPO) Form 4 transaction a market purchase or sale?
No, it is a grant, not an open-market trade. The Form 4 describes a compensation-related acquisition of phantom stock units under Enpro’s Deferred Compensation Plan for Non-Employee Directors, rather than a public market buy or sell.