NPO Form 4: Vaillancourt acquires options, sells 2,321 shares on 08/07/2025
Rhea-AI Filing Summary
Reporting person: Eric A. Vaillancourt, President and CEO and Director of Enpro Inc. (NPO).Report date: 08/07/2025; form filed 08/08/2025 by attorney-in-fact Angela P. Botkin.
Transactions disclosed: Multiple acquisitions and option-related entries on 08/07/2025 and one disposition. Non-derivative entries show acquisitions of 5,577, 1,250 and 938 common shares (codes M) at prices listed as $53.78, $80 and $106.54, respectively, and a disposition of 2,321 common shares (code F) at $215.50. The report records 2,989 shares held indirectly by a 401(k).
Derivatives: Stock options reported with strike prices $53.78 (5,577), $80 (1,250) and $106.54 (938). Exercise/expiration dates and post-transaction option totals are shown in the filing. An explanation section lists vesting in approximate equal thirds on specific past dates for each option series as provided.
Positive
- Disclosure completeness: Filing lists transaction dates, amounts, option strike prices, vesting explanations, and indirect holdings by 401(k).
- Option acquisition information: Reports addition of stock options with strikes of $53.78, $80 and $106.54, increasing potential insider alignment with shareholders.
Negative
- Insider sale: Disposition of 2,321 common shares at $215.50 on 08/07/2025.
- Complex presentation: Tabular formatting in the filing is ambiguous in places, which may complicate immediate interpretation of post-transaction totals.
Insights
TL;DR: CEO filed option-related acquisitions and a small share sale the same date; appears routine rather than a clear market signal.
Analysis: The Form 4 reports multiple option-related entries and an outright sale of 2,321 shares at $215.50 on 08/07/2025. The filing lists option tranches with strikes of $53.78, $80.00 and $106.54 and underlying amounts of 5,577, 1,250 and 938 shares. The report also discloses 2,989 shares held indirectly via a 401(k). The filing includes vesting schedules in the explanation section. Because the filing documents option vesting/exercise activity and a modest sale, it reads as routine insider compensation and portfolio activity rather than a material corporate event.
Impact assessment: not impactful
TL;DR: Disclosure meets Section 16 reporting: exercises/option holdings and a sale are reported; documentation of vesting schedules provided.
Analysis: The Form 4 identifies the reporting person, relationship to the issuer, transaction date and signatures. It records acquisitions tied to option exercises (codes M) and one disposition (code F), and it documents indirect ownership by 401(k). The Explanation section specifies vesting in approximate equal thirds for the option series. From a governance and compliance perspective, the filing appears complete in listing transactions, option terms, and vesting language as required by Form 4.
Impact assessment: not impactful