Earnings Feed
Start Free
Enpro Inc.·4

Feb 17, 5:57 PM ET

Vaillancourt Eric A. 4

Research Summary

AI-generated summary

Updated

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.