Enpro director granted additional phantom stock units
Enpro Inc. director Judith A. Reinsdorf reported a routine compensation-related grant of phantom stock tied to common shares.
Rhea-AI Filing Summary
Enpro Inc. director Judith A. Reinsdorf reported a routine compensation-related grant of phantom stock tied to common shares. She acquired 0.7215 phantom stock units at a reference value of 250.5900 per unit and now holds a total of 997.7572 phantom stock units directly.
The phantom stock reflects a 1-for-1 relationship with Enpro common stock and represents dividend equivalent rights accruing under the Deferred Compensation Plan for Non-Employee Directors. These awards vest and are paid out on the earliest of death, disability, or vesting and payout of the related underlying award and include multiple prior grants and accrued dividend equivalents.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 0.7215 | $250.59 | $180.80 |
Footnotes (4)
- 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.
FAQ
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What did Enpro Inc. (NPO) director Judith A. Reinsdorf report in this Form 4?
How many Enpro (NPO) phantom stock units does Judith A. Reinsdorf hold after this transaction?
What is the nature of the phantom stock granted to Enpro (NPO) director Judith A. Reinsdorf?
At what value were the new Enpro (NPO) phantom stock units credited to Judith A. Reinsdorf?
When do Judith A. Reinsdorf’s Enpro (NPO) phantom stock and dividend equivalents vest and pay out?
What does the balance of Enpro (NPO) phantom stock for Judith A. Reinsdorf include?
AI-generated analysis. How Rhea-AI works. Not financial advice.