Enpro (NYSE: NPO) details director phantom stock dividend credits
Rhea-AI Filing Summary
Enpro Inc. director Judith A. Reinsdorf reported a small deferred compensation-related transaction dated 12/17/2025. On that date, 0.6586 phantom stock units were acquired as dividend equivalent rights under the Deferred Compensation Plan for Non-Employee Directors (as amended and restated) of EnPro Industries, Inc., at a listed price of $205.19 per unit.
The phantom stock is described as having a 1-for-1 relationship with Enpro common stock. These dividend equivalent rights vest and are paid on the earliest of death, disability, or the vesting and payout of the underlying award to which they relate. Following this accrual, Reinsdorf beneficially owned 868.609 phantom stock units, held directly.
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FAQ
What transaction involving Enpro (NPO) did Judith A. Reinsdorf report?
Judith A. Reinsdorf, a director of Enpro Inc., reported acquiring 0.6586 phantom stock units on 12/17/2025. The entry is shown as an acquisition of derivative securities coded "A" and relates to phantom stock tied to Enpro common stock.
What are the dividend equivalent rights reported for Enpro (NPO)?
The explanation states that the 0.6586 phantom stock units are dividend equivalent rights that accrued to previously acquired phantom stock under the Deferred Compensation Plan for Non-Employee Directors (as amended and restated) of EnPro Industries, Inc.
How does the Enpro (NPO) phantom stock described in this report relate to common stock?
The disclosure notes a 1-for-1 relationship, indicating that each phantom stock unit corresponds on a one-for-one basis with Enpro common stock, as referenced in the table of derivative securities.
When do the Enpro (NPO) dividend equivalent phantom stock units vest and pay out?
The vesting and payout of these dividend equivalent rights occur on the earliest of three events: death, disability, or the vesting and payout of the underlying award with respect to which the dividend equivalents relate.
What is Judith A. Reinsdorf’s phantom stock balance with Enpro after this transaction?
After the reported 0.6586-unit accrual, Judith A. Reinsdorf beneficially owned 868.609 phantom stock units. The ownership form is listed as direct (D) in the derivative securities table.
At what price were the new Enpro (NPO) phantom stock dividend equivalents recorded?
The table lists the price of the derivative security as $205.19 per phantom stock unit for the 0.6586 units acquired on 12/17/2025.