NPO Form 4: Reinsdorf Logs Routine Phantom Stock Dividend Accrual

Rhea-AI Filing Summary

Form 4 filing for Enpro Inc. (NPO)

Director Judith A. Reinsdorf reported an automatic acquisition of 0.2835 phantom stock units on 18-Jun-2025. The units represent dividend-equivalent rights under Enpro’s Deferred Compensation Plan for Non-Employee Directors and carry a 1-for-1 economic equivalence to common shares. Vesting and payout will occur upon death, disability, or settlement of the underlying award, per plan terms. Following the transaction, the director now directly holds 602.2569 phantom stock units. There were no open-market purchases or sales of Enpro common stock, no cash consideration exchanged, and no change in voting power, making the event primarily an administrative update rather than a market-moving transaction.

Insights

Financial Analyst

TL;DR: Routine dividend-equivalent accrual; negligible share change, no valuation impact.

The filing reflects an immaterial addition of 0.2835 phantom units—approximately US$52 in notional value—credited to Director Reinsdorf’s deferred compensation account. Because phantom stock is cash-settled at a future date and carries no current voting rights, today’s disclosure neither affects Enpro’s share count nor signals insider sentiment. Such micro-accruals are common with dividend reinvestment mechanisms and have no earnings, liquidity, or governance ramifications for current shareholders.

Corporate Governance Expert

TL;DR: Administrative update; complies with Section 16 reporting, minimal governance significance.

Timely reporting under Section 16(a) confirms Enpro’s insider-compliance discipline. The phantom units arise from a pre-existing deferred plan, not opportunistic trading, and fall under Rule 10b5-1 protections. No red flags: the director’s beneficial ownership change is de minimis and does not alter board independence or alignment. Investors should view the filing as standard housekeeping rather than an indicator of strategic direction or insider conviction.

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
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Reinsdorf Judith A

(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)
06/18/2025

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)	06/18/2025		A(2)		0.2835		(3)	(3)	Common Stock	0.2835	$185.86	602.2569(4)	D

Explanation of Responses:

1. 1-for-1

2. 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.

3. 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.

4. Balance includes multiple phantom stock grants, phantom stock accruals and previously accrued dividend equivalents.

	Angela P. Winter, Attorney-in-Fact of Judith A. Reinsdorf	06/20/2025
	** 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 the Enpro (NPO) Form 4 filed on 20 Jun 2025 report?

It disclosed Director Judith Reinsdorf’s acquisition of 0.2835 phantom stock units credited as dividend equivalents on 18 Jun 2025.

How many phantom stock units does Director Reinsdorf now hold?

After the transaction, she directly holds 602.2569 phantom stock units.

Was there any open-market purchase or sale of Enpro common stock?

No. The filing records only a non-cash phantom stock accrual; no common shares were bought or sold.

When will the phantom stock units vest and be paid out?

Vesting and payout occur upon death, disability, or settlement of the underlying award, per plan rules.

Does this Form 4 materially affect Enpro’s share count or earnings?

No. Phantom stock is cash-settled later and does not change the outstanding share count or current earnings.