[Form 4] Enpro Inc. Insider Trading Activity
David L. Hauser, a director of Enpro Inc. (NPO), reported acquisitions of phantom stock awards on 09/17/2025.
Rhea-AI Filing Summary
David L. Hauser, a director of Enpro Inc. (NPO), reported acquisitions of phantom stock awards on 09/17/2025. The filing shows dividend-equivalent rights credited to previously granted phantom stock under EnPro's equity and deferred compensation plans, resulting in two reported accruals: 42 phantom shares and 12.1833 phantom shares, each valued at $217.89 per underlying share. The filing lists resulting beneficial ownership balances of 38,302.1331 and 38,314.3164 common stock equivalent shares respectively, held directly. Vesting/payout is tied to death, disability or vesting/payout of underlying awards. The Form 4 was signed by an attorney-in-fact on 09/18/2025.
Positive
- None.
Negative
- None.
Insights
TL;DR: Director received additional phantom stock dividend equivalents, slightly increasing his equity-linked stake without cash purchase.
The reported transactions are accruals of dividend-equivalent rights to existing phantom stock awards, not open-market purchases or option exercises. The increments—42 and 12.1833 phantom shares at an implicit per-share value of $217.89—increase the director's equity-linked exposure and align compensation with shareholder value. These are routine, non-cash adjustments tied to plan terms and contingent vesting events, indicating no immediate cash flow or dilution to shareholders.
TL;DR: Standard director compensation mechanics: dividend equivalents credited to phantom awards with contingent vesting/payout.
This Form 4 documents dividend-equivalent accruals under the Amended and Restated 2002 Equity Compensation Plan and the Deferred Compensation Plan for Non-Employee Directors. The nature of vesting/payout—earliest of death, disability or payout of the underlying award—is disclosed. The filing was made by one reporting person and executed by an attorney-in-fact, consistent with typical governance practices for non-employee director deferred compensation.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 42 | $217.89 | $9K |
| Grant/Award | Phantom Stock | 12.1833 | $217.89 | $3K |
Footnotes (5)
- F1. 1-for-1
- F2. Dividend equivalent rights accrued to previously granted phantom stock awards under the Amended and Restated 2002 Equity Compensation Plan 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 acquired phantom stock under the Deferred Compensation Plan for Non-Employee Directors (as amended and restated) of EnPro Industries, Inc.
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