|4Feb 17, 5:57 PM ET

Bower Steven R. 4

Research Summary

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Enpro (NPO) SVP Steven Bower Receives RSUs, Sells Shares for Taxes

What Happened

  • Steven R. Bower, Senior VP, Controller and CAO of Enpro Inc. (NPO), received a total of 1,432 shares through stock awards/conversions on Feb 15–16, 2026 (217 + 935 + 280 shares). Those acquired shares are reported at $0 per share (typical for RSU settlement/award).
  • To cover tax withholding related to the awards, 422 shares were surrendered/disposed (57 shares on 2/15 and 365 shares on 2/16) at $272.63 per share, generating proceeds of $15,540 and $99,510 respectively (total ~$115,050).
  • These transactions reflect award vesting/conversion and routine tax withholding rather than an open-market purchase or sale.

Key Details

  • Transaction dates and prices:
    • 2026-02-15: Converted/received 217 shares (reported $0); 57 shares withheld for taxes at $272.63 ($15,540).
    • 2026-02-16: Awarded/received 935 shares (reported $0) and converted/received 280 shares (reported $0); 365 shares withheld for taxes at $272.63 ($99,510).
  • Net increase in shares held from these events: +1,010 shares (1,432 acquired − 422 withheld).
  • Footnotes: F1 notes each restricted stock unit (RSU) equals one share; F2 and F3 describe multi‑year vesting schedules (approximate thirds on 2/15/2025–2027 and 2/16/2024–2026, respectively).
  • Shares owned after the transactions are not specified in the filing.
  • Filing date: 2026-02-17 covering transactions on 2026-02-15/16. The filing does not indicate a late filing flag.

Context

  • These were RSU conversions/awards and related tax-withholding (code F), not open-market sales; withholding of shares to satisfy taxes is a routine administrative step following vesting and does not necessarily indicate a change in insider sentiment.
  • The exercise/conversion entries (code M) reflect conversion/exercise of derivative awards (RSUs or similar) into shares; the subsequent withholding (F) represents shares surrendered to cover tax obligations.