Enpro (NPO) SVP Steven Bower exercises RSUs, grants and tax-share disposals
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Enpro Inc. executive Steven R. Bower, SVP, Controller and CAO, reported multiple equity compensation transactions in Enpro common stock. On 02/15/2026 and 02/16/2026, restricted stock units were exercised into common shares at an exercise price of $0, and new common shares were granted at $0.0000 per share.
To cover tax obligations, Bower disposed of common shares through tax-withholding transactions at $272.63 per share. After these activities, he held 3,651 common shares directly and 6,428 common shares indirectly through an IRA, along with 218 restricted stock units that remain outstanding.
Positive
- None.
Negative
- None.
Insider Trade Summary
497 shares exercised/converted
Mixed
8 txns
Insider
Bower Steven R.
Role
SVP, Controller and CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 280 | $0.00 | -- |
| Grant/Award | Common Stock | 935 | $0.00 | -- |
| Exercise | Common Stock | 280 | $0.00 | -- |
| Tax Withholding | Common Stock | 365 | $272.63 | $100K |
| Exercise | Restricted Stock Units | 217 | $0.00 | -- |
| Exercise | Common Stock | 217 | $0.00 | -- |
| Tax Withholding | Common Stock | 57 | $272.63 | $16K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 3,736 shares (Direct);
Common Stock — 6,428 shares (Indirect, By IRA)
Footnotes (1)
- Each restricted stock unit represents the right to receive, at settlement, one share of common stock. The restricted stock units will vest, subject to continued employment, in approximate equal thirds on 2/15/2025, 2/15/2026 and 2/15/2027. The restricted stock units will vest, subject to continued employment, in approximate equal thirds on 2/16/2024, 2/16/2025 and 2/16/2026.
FAQ
What insider transactions did Enpro (NPO) executive Steven R. Bower report?
Steven R. Bower reported exercises of restricted stock units into Enpro common stock, a grant of additional common shares at no cost, and share dispositions to satisfy tax withholding obligations related to these equity awards, all recorded over two days in February 2026.
What prices were used in Steven R. Bower’s Enpro (NPO) Form 4 transactions?
Equity awards and RSU conversions were recorded at exercise or grant prices of $0 or $0.0000 per share, while shares withheld to cover tax liabilities were valued at $272.63 per share in the Form 4, reflecting the price used for those tax-related dispositions.
What do the RSU transactions mean in the Enpro (NPO) Form 4 filing?
The restricted stock unit transactions show units being converted into Enpro common stock as they vest, consistent with the award terms. Each RSU represents a right to receive one common share at settlement, subject to continued employment and the specific vesting schedules disclosed in the footnotes.
What vesting schedules apply to Steven R. Bower’s Enpro (NPO) restricted stock units?
One RSU grant vests in approximate equal thirds on 2/15/2025, 2/15/2026, and 2/15/2027, while another vests in approximate equal thirds on 2/16/2024, 2/16/2025, and 2/16/2026, in each case subject to continued employment with Enpro.