Enpro Inc. (NPO) director receives additional phantom stock awards
Rhea-AI Filing Summary
Enpro Inc. director Adele M. Gulfo reported awards of phantom stock units that track the company’s common shares on a 1-for-1 basis. The filing shows two grant-type acquisitions, including 5.0000 phantom stock units, credited as dividend equivalent rights under Enpro equity and deferred compensation plans. These awards vest and pay out on the earliest of death, disability, or the vesting and payout of the related underlying awards. After these credits, Gulfo holds a total of 5,272.3248 phantom stock units, reflecting multiple prior grants, accruals, and dividend equivalents rather than any open-market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 5 | $250.59 | $1K |
| Grant/Award | Phantom Stock | 0.656 | $250.59 | $164.36 |
Footnotes (1)
- 1-for-1 Dividend equivalent rights accrued to previously granted phantom stock awards under the Amended and Restated 2002 Equity Compensation Plan of EnPro Industries, Inc. 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. Balance includes multiple phantom stock grants, phantom stock accruals and previously accrued dividend equivalents. 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.
FAQ
What insider transaction did Enpro Inc. (NPO) director Adele M. Gulfo report?
What is the phantom stock reported in Enpro Inc. (NPO) director’s Form 4?
How many phantom stock units does Adele M. Gulfo hold after these Enpro (NPO) transactions?
When do the Enpro Inc. (NPO) phantom stock awards for Adele M. Gulfo vest and pay out?
Are the Enpro Inc. (NPO) phantom stock transactions open-market buys or sells?