Brueck Felix M. 4
Research Summary
AI-generated summary
Enpro (NPO) Director Felix Brueck Receives Phantom Stock Awards
What Happened
Felix M. Brueck, a director of Enpro Inc. (NPO), received derivative awards (phantom stock/dividend equivalents) on 2026-03-18. The filing shows two awards: 15.000 shares at $250.59 each ($3,759) and 12.835 shares at $250.59 each ($3,216), for a combined 27.835 derivative shares valued at roughly $6,975. This transaction is an award/grant (code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-03-18; filing date: 2026-03-19 (filed the next day).
- Price shown: $250.59 per share for both entries.
- Shares/units received: 15.000 and 12.835 (total 27.835 derivative shares).
- Total reported value: about $3,759 and $3,216 respectively (≈ $6,975 combined).
- Ownership after transaction: the filing does not list a simple common-stock balance; footnote F4 says the balance includes multiple phantom stock grants, accruals, and dividend equivalents.
- Notable footnotes: F1 (1-for-1), F2 & F5 (dividend equivalent rights accrued to previously granted/acquired phantom stock under Enpro plans), F3 (vesting/payout occurs on earliest of death, disability or vesting/payout of underlying award), F4 (balance aggregates multiple phantom awards and accruals).
- Transaction type: derivative award (A). Not reported as late.
Context
These entries reflect phantom stock and accrued dividend-equivalent rights under Enpro’s director and equity compensation plans. Such derivative awards typically settle per plan terms (cash or stock) and vest or pay out under specified triggers — they are not the same as an open-market buy or sale and do not by themselves indicate immediate trading intent.