Vaillancourt Eric A. 4

What Happened

• Eric A. Vaillancourt, President & CEO and a director of Enpro (NPO), was awarded 7,707 restricted stock units (RSUs) on 2026-02-12 valued at $246.91 each (total ≈ $1,902,935).
• On 2026-02-13, 3,107 derivative units were converted/exercised into shares (no cash exercise price shown). To satisfy tax withholding related to the conversion/award, 1,277 shares were surrendered/withheld at a price of $271.21 each for a value of $346,335. The filing also lists conversion/exercise line items for 3,107 shares (M code) and a derivative disposal line at $0 consistent with conversion/settlement mechanics.

Key Details

• Dates and prices: RSU grant 2/12/2026 at $246.91 (7,707 units, ≈ $1.90M); tax withholding 2/13/2026, 1,277 shares at $271.21 (≈ $346,335). Conversion/exercise entries dated 2/13/2026 for 3,107 units (M code) show $0 exercise price.
• Shares owned after transaction: total post-transaction holdings are not specified in the provided filing.
• Footnotes: RSUs represent rights to receive one share at settlement (plus cash for dividends) under the Enpro 2020 Equity Compensation Plan. Vesting is time-based in approximately equal thirds (see footnotes for specific vesting schedules).
• Filing timeliness: Reported for the period ending 2026-02-12 and filed 2026-02-13 (appears timely).
• Transaction codes: A = grant/award; M = exercise/conversion of derivative; F = shares surrendered/withheld to cover taxes (routine tax withholding).

Context

• This was primarily an equity award (RSUs) to the CEO, increasing potential ownership over the vesting period; the share surrender was a routine tax-withholding event, not a market sale intended to raise cash.
• For retail investors: awards and subsequent tax-withholdings are common following vesting/conversion of equity compensation and do not alone signal the insider’s market view.