Vaillancourt Eric A. 4
4 · Enpro Inc. · Filed Feb 17, 2026
Research Summary
AI-generated summary of this filing
Enpro (NPO) CEO Eric Vaillancourt Exercises Awards; 8,800 Shares Withheld
What Happened
Eric A. Vaillancourt, President, CEO and a director of Enpro Inc. (NPO), converted/ exercised derivative awards and received a grant of restricted stock units in transactions on Feb 15–16, 2026. He acquired 3,211 shares (2/15) and 4,011 shares (2/16) via derivative conversion (exercise code M) and received a grant/award of 13,418 shares (2/16, code A). To satisfy tax obligations, 1,320 shares were withheld on 2/15 and 7,480 shares were withheld on 2/16 (code F) at $272.63 per share, totaling $2,399,144. Exercise/conversion entries show a $0 exercise price, indicating conversion/settlement of awards rather than a cash purchase. Net result: 20,640 shares acquired gross, 8,800 shares withheld for taxes, net +11,840 shares.
Key Details
- Transaction dates and amounts:
- 2026-02-15: Converted/exercised 3,211 shares (M); 1,320 shares withheld for taxes at $272.63 each (= $359,872).
- 2026-02-16: Received 13,418-share award (A) and converted/exercised 4,011 shares (M); 7,480 shares withheld for taxes at $272.63 each (= $2,039,272).
- Total tax withholding disposed: 8,800 shares valued at $2,399,144.
- Exercise/conversion price reported as $0.00 for the derivative conversions; withholding price per share $272.63.
- Footnotes: RSUs convert one-for-one into common shares (F1); vesting schedules apply (approx. equal thirds on specified 2/15 and 2/16 dates per F2/F3).
- Shares owned after the reported transactions were not disclosed in the provided filing details.
- Filing date: Form 4 filed Feb 17, 2026 (appears timely based on reported transaction dates).
Context
- These entries reflect award settlement and derivative conversion with shares withheld to cover tax liability (common when RSUs or exercised awards vest/settle). This is not an open‑market sale or purchase; withheld shares (code F) are routine for tax withholding.
- Because exercise/conversion was at $0.00 and awards were granted/settled, this is primarily an issuance/settlement event rather than a discretionary buy or sale by the insider.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-02-15+3,211→ 42,646 total - Tax Payment
Common Stock
2026-02-15$272.63/sh−1,320$359,872→ 41,326 total - Award
Common Stock
2026-02-16+13,418→ 54,744 total - Exercise/Conversion
Common Stock
[F1]2026-02-16+4,011→ 58,755 total - Tax Payment
Common Stock
2026-02-16$272.63/sh−7,480$2,039,272→ 51,275 total - Exercise/Conversion
Restricted Stock Units
[F1][F2]2026-02-15−3,211→ 3,222 totalExp: 2027-02-15→ Common Stock (3,211 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F3]2026-02-16−4,011→ 0 totalExp: 2026-02-16→ Common Stock (4,011 underlying)
- 2,997(indirect: By 401(k))
Common Stock
Footnotes (3)
- [F1]Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
- [F2]The restricted stock units will vest, subject to continued employment, in approximate equal thirds on 2/15/2025, 2/15/2026 and 2/15/2027.
- [F3]The restricted stock units will vest, subject to continued employment, in approximate equal thirds on 2/16/2024, 2/16/2025 and 2/16/2026.