Enpro director granted additional phantom stock units
Enpro Inc. director William Abbey reported an acquisition of phantom stock units under the company’s Deferred Compensation Plan for Non-Employee Directors.
Rhea-AI Filing Summary
Enpro Inc. director William Abbey reported an acquisition of phantom stock units under the company’s Deferred Compensation Plan for Non-Employee Directors. He received 1.8246 phantom stock units as dividend equivalent rights tied to previously acquired phantom stock, bringing his total phantom stock balance to 1430.6446 units.
Each phantom stock unit represents a 1-for-1 economic interest in Enpro common stock but is payable in accordance with the plan. Vesting and payout occur on the earliest of death, disability, or the vesting and payout of the related underlying award.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 1.8246 | $250.59 | $457.23 |
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 insider transaction did Enpro Inc. (NPO) report for William Abbey?
What is the nature of the phantom stock granted to Enpro (NPO) director William Abbey?
Why did William Abbey receive 1.8246 phantom stock units from Enpro Inc. (NPO)?
When do William Abbey’s Enpro (NPO) phantom stock and dividend equivalents vest and pay out?
How large is William Abbey’s phantom stock position at Enpro Inc. (NPO) after this Form 4?
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