Botts Thomas M. 4

What Happened
Thomas M. Botts, a director of Enpro Inc. (NPO), was granted derivative awards on 2026-03-18 consisting of 19.000 phantom shares valued at $250.59 each ($4,761) and 3.795 phantom shares valued at $250.59 each ($951), for a combined value of about $5,712. These are awards/grants (transaction code A) of phantom stock and related dividend equivalents — not open-market stock purchases.

Key Details

• Transaction date: 2026-03-18; Form 4 filed 2026-03-19 (timely filing).
• Price per share used for valuation: $250.59.
• Shares/units acquired: 19.000 and 3.795 (total 22.795). Total reported value ≈ $5,712.
• Nature: Derivative awards (phantom stock and accrued dividend equivalents), not tradable equity.
• Shares owned after transaction: Not itemized in the provided summary; footnote F4 indicates the reported balance includes multiple phantom stock grants, accruals and previously accrued dividend equivalents.
• Notable footnotes: F1 = 1-for-1; F2/F5 = dividend equivalent rights accrued to previously granted phantom stock or deferred director compensation; F3 = vesting/payout occurs on death, disability, or vesting/payout of underlying award.

Context
Phantom stock and dividend-equivalent awards are deferred, cash- or stock-settled compensation that track the economic value of company shares but are not immediately tradable. These grants are typically routine compensation for non-employee directors and do not indicate an open-market purchase or sale signal about the insider's market view.