Enpro director awarded phantom stock units
Humphrey John reported acquisition or exercise transactions in this Form 4 filing.
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Form Type
4
Rhea-AI Filing Summary
Humphrey John reported acquisition or exercise transactions in this Form 4 filing.
Enpro Inc. director John Humphrey received additional phantom stock units as compensation. On June 17, 2026, he was granted 8 phantom stock units and a further 11.1015 units at $363.62 per unit as dividend equivalent rights tied to earlier phantom stock awards.
The phantom stock is credited on a 1-for-1 basis with Enpro common stock under the company’s deferred compensation and equity compensation plans. These awards vest and are paid out on the earliest of death, disability, or the vesting and payout of the related underlying awards, and his balance reflects multiple prior grants and accrued dividend equivalents.
Insider Trade Summary
Grant/Award: 19.1015 shares
Grant/Award
2 txns
Insider
Humphrey John
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 11.1015 | $363.62 | $4K |
| Grant/Award | Phantom Stock | 8 | $363.62 | $3K |
Holdings After Transaction:
Phantom Stock — 17,869.0115 contracts (Direct)
Footnotes (5)
- F1. 1-for-1
- F2. Dividend equivalent rights accrued to previously acquired phantom stock under the Deferred Compensation Plan for Non-Employee Directors (as amended and restated) of EnPro Industries, Inc.
- F3. Vesting and payout occurs on the earliest of death, disability or the vesting and payout of the underlying award with respect to which the dividend equivalents relate.
- F4. Balance includes multiple phantom stock grants, phantom stock accruals and previously accrued dividend equivalents.
- F5. Dividend equivalent rights accrued to previously granted phantom stock awards under the Amended and Restated 2002 Equity Compensation Plan of EnPro Industries, Inc.
Key Figures
Phantom stock units granted: 8 units
Additional phantom stock units: 11.1015 units
Phantom stock credit price: $363.62 per unit
+1 more
4 metrics
Phantom stock units granted
8 units
Dividend equivalent rights on June 17, 2026
Additional phantom stock units
11.1015 units
Dividend equivalent rights on June 17, 2026
Phantom stock credit price
$363.62 per unit
Value used for both phantom stock accruals
Share equivalence ratio
1-for-1
Phantom stock to Enpro common stock linkage
Key Terms
Phantom Stock, dividend equivalent rights, Deferred Compensation Plan for Non-Employee Directors, equity compensation plan
4 terms
Phantom Stock financial
"Enpro Inc. director John Humphrey received additional phantom stock units as compensation."
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.
dividend equivalent rights financial
"he was granted 8 phantom stock units and a further 11.1015 units as dividend equivalent rights tied to earlier awards."
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
Deferred Compensation Plan for Non-Employee Directors financial
"under the Deferred Compensation Plan for Non-Employee Directors of EnPro Industries, Inc."
equity compensation plan financial
"previously granted phantom stock awards under the Amended and Restated 2002 Equity Compensation Plan of EnPro Industries, Inc."
A plan by which a company gives employees, directors or contractors ownership or the right to buy ownership in the company through stock, options or similar awards — think of promising slices of the company pie as part of someone's pay. It matters to investors because these awards can change the number of shares outstanding, affect reported profits and influence management’s decisions; large or generous plans can dilute existing holders and alter incentives over time.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Enpro (NPO) director John Humphrey report in this Form 4?
John Humphrey reported receiving additional phantom stock units as compensation. The grants are credited as dividend equivalent rights on existing phantom stock awards, linked to Enpro common shares under the company’s deferred compensation and equity compensation plans for non-employee directors.
How many phantom stock units did John Humphrey receive from Enpro (NPO)?
He received two small phantom stock accruals: 8 units and 11.1015 units. Both are derivative awards connected to prior grants, reflecting dividend equivalent rights rather than open-market purchases, and are credited under Enpro’s director compensation and equity compensation programs.
At what value were the new Enpro (NPO) phantom stock units credited?
The phantom stock units were credited at $363.62 per unit. This price applies to both the 8-unit and 11.1015-unit dividend equivalent accruals and reflects the value used to determine the size of these phantom stock awards for the director.
When do Enpro (NPO) phantom stock awards granted to John Humphrey vest and pay out?
These phantom stock awards vest and pay out on the earliest of death, disability, or the vesting and payout of the related underlying award. This timing follows the terms of Enpro’s director deferred compensation and equity compensation arrangements.
What do the dividend equivalent rights mean in Enpro (NPO) phantom stock grants?
Dividend equivalent rights credit additional phantom stock units corresponding to dividends on the underlying awards. For Enpro, these credits accrue to previously granted phantom stock under its director deferred compensation and equity compensation plans, increasing the phantom balance over time without cash transactions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
