Enpro director receives phantom stock units
Enpro Inc. director Judith A. Reinsdorf received a small grant of phantom stock tied to common shares as part of non-employee director compensation.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Enpro Inc. director Judith A. Reinsdorf received a small grant of phantom stock tied to common shares as part of non-employee director compensation. She acquired 0.5962 phantom stock units at a reference value of $363.6200 per unit, bringing her total phantom stock balance to 1,110.0630 units. This award reflects dividend equivalent rights under the company’s deferred compensation plan rather than an open-market stock purchase or sale.
Insider Trade Summary
Grant/Award: 0.5962 shares
Grant/Award
1 txn
Insider
Reinsdorf Judith A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 0.5962 | $363.62 | $216.79 |
Holdings After Transaction:
Phantom Stock — 1,110.063 contracts (Direct)
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.
Key Figures
Phantom stock units granted: 0.5962 units
Reference price per phantom unit: $363.6200 per unit
Total phantom stock after grant: 1,110.0630 units
+1 more
4 metrics
Phantom stock units granted
0.5962 units
Dividend equivalent rights on 2026-06-17
Reference price per phantom unit
$363.6200 per unit
Grant valuation for phantom stock
Total phantom stock after grant
1,110.0630 units
Balance following 2026-06-17 transaction
Underlying common stock equivalent
0.5962 shares
1-for-1 link to common stock
Key Terms
Phantom Stock, Dividend equivalent rights, Deferred Compensation Plan for Non-Employee Directors, underlying award
4 terms
Phantom Stock financial
"security_title: "Phantom Stock""
A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.
Dividend equivalent rights financial
"Dividend equivalent rights accrued to previously acquired phantom stock"
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
Deferred Compensation Plan for Non-Employee Directors financial
"under the Deferred Compensation Plan for Non-Employee Directors (as amended and restated)"
underlying award financial
"the vesting and payout of the underlying award with respect to which the dividend equivalents relate"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Enpro Inc. (NPO) disclose in this Form 4 for Judith A. Reinsdorf?
Enpro Inc. reported that director Judith A. Reinsdorf received 0.5962 phantom stock units. These were dividend equivalent rights under the Deferred Compensation Plan for Non-Employee Directors, increasing her total phantom stock balance to 1,110.0630 units, with no open-market share purchase or sale.
How many Enpro (NPO) phantom stock units were granted to Judith A. Reinsdorf?
Judith A. Reinsdorf was granted 0.5962 phantom stock units. These units accrue as dividend equivalent rights linked 1-for-1 to Enpro common stock under the deferred compensation plan, modestly increasing her existing phantom stock balance rather than representing a large new equity position.
What is the total phantom stock balance reported for the Enpro (NPO) director?
After this transaction, Judith A. Reinsdorf’s total phantom stock balance is 1,110.0630 units. The balance reflects multiple prior phantom stock grants, accruals, and previously accrued dividend equivalents, all under Enpro’s Deferred Compensation Plan for Non-Employee Directors.
Is the Enpro (NPO) phantom stock award an open-market transaction?
No, the phantom stock award is not an open-market trade. It represents dividend equivalent rights credited under Enpro’s non-employee director deferred compensation plan, rather than a purchase or sale of common shares on the market by Judith A. Reinsdorf.
When will the Enpro (NPO) phantom stock units for Judith A. Reinsdorf vest and pay out?
The phantom stock units vest and pay out on the earliest of death, disability, or the vesting and payout of the related underlying award. This timing is determined by the terms of Enpro’s Deferred Compensation Plan for Non-Employee Directors.
AI-generated analysis. How Rhea-AI works. Not financial advice.
