Joiner Larisa R. 4

What Happened

• Larisa R. Joiner, Senior Vice President & Chief Information Officer of Enpro (NPO), exercised options and received a grant of restricted stock units (RSUs). The filing reports acquisition of 505 shares via exercise (249 shares on 2026-02-15 and 256 shares on 2026-02-16) and a grant of 854 RSUs on 2026-02-16. To cover taxes, 593 shares were withheld/sold (120 shares on 2/15 and 473 shares on 2/16) at $272.63 per share, totaling $161,670. The exercise/conversion entries were reported at $0.00 per share in the filing.

Key Details

• Transaction dates and prices:
  • 2026-02-15: exercised/converted 249 shares (M) @ $0.00; 120 shares withheld for taxes (F) @ $272.63 ($32,716).
  • 2026-02-16: granted 854 RSUs (A) @ $0.00; exercised/converted 256 shares (M) @ $0.00; 473 shares withheld for taxes (F) @ $272.63 ($128,954).
• Net shares recorded: +1,359 shares acquired (505 from exercise + 854 RSUs) less 593 shares withheld = net increase of 766 shares.
• Shares owned after the transactions: not provided in the supplied data.
• Footnotes: F1 = each RSU converts to one share at settlement; F2/F3 = RSUs vest in approximately equal thirds over three years (vesting schedules shown in the filing).
• Codes: M = exercise/conversion of derivative; F = shares withheld to pay exercise price or tax liability (sell-to-cover). The filing was submitted 2026-02-17 covering 2/15–2/16 transactions — appears timely.

Context

• This appears to be a routine exercise + grant with a sell-to-cover (tax withholding). The exercise entries and subsequent withholding are commonly used to satisfy tax obligations and do not by themselves indicate a directional bet. The RSUs are subject to multi-year vesting per the footnotes and therefore represent future potential ownership rather than an immediate market sale.