Enpro Inc.·4

Feb 13, 4:42 PM ET

Joiner Larisa R. 4

Research Summary

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Enpro (NPO) SVP/CIO Larisa R. Joiner Receives RSUs and Exercises Derivatives

What Happened Larisa R. Joiner, Senior Vice President and CIO of Enpro Inc. (NPO), received a grant of 570 restricted stock units (RSUs) on 2026-02-12 valued at $246.91 each for a total of about $140,739. On 2026-02-13 she exercised/converted 219 derivative units into common shares (exercise price reported as $0). To satisfy tax withholding related to the exercise/settlement, 105 shares were surrendered at $271.21 per share, generating proceeds of about $28,477 (disposed).

Key Details

  • Grant: 570 RSUs on 2026-02-12 at $246.91 each — total value ~$140,739 (awarded under the Enpro 2020 Equity Compensation Plan).
  • Exercise/Conversion: 219 derivative units on 2026-02-13 reported with $0 exercise price (code M).
  • Tax withholding: 105 shares disposed on 2026-02-13 at $271.21/share for ~$28,477 (code F — tax/payment withholding).
  • Shares owned after the transactions: not specified in the provided filing details.
  • Filing/timeliness: Report filed 2026-02-13 for transactions on 2/12–2/13; appears to be timely.

Context

  • The 570-unit award are RSUs (each represents a contingent right to one share and a cash equivalent for dividends) and vest in roughly equal thirds over future years per the plan’s footnotes. The exercised/conversion of 219 units had no cash exercise price and some shares were withheld to cover taxes — a common, routine outcome of equity settlement rather than an open-market sale. This filing reflects compensation-related equity activity, not an opportunistic market sale or a purchase indicating a new personal investment.