HAUSER DAVID L 4
Research Summary
AI-generated summary
Enpro (NPO) Director David Hauser Receives Award of ~49 Shares
What Happened
- David L. Hauser, a director of Enpro Inc. (NPO), was granted two derivative awards on 2026-03-18 totaling 48.967 shares (38.000 and 10.967). Each unit was valued at $250.59, with values of $9,522 and $2,748, respectively, for a combined value of approximately $12,270. These are recorded as awards/grants (transaction code A) and reflect phantom stock/dividend-equivalent accruals rather than an open-market purchase of tradable shares.
Key Details
- Transaction date and prices: 2026-03-18 — 38 shares @ $250.59 ($9,522) and 10.967 shares @ $250.59 ($2,748).
- Transaction type: Award/Grant (A) — derivative phantom stock and dividend-equivalent accruals.
- Shares owned after transaction: Not specified in the filing; filing notes the balance includes multiple phantom stock grants, accruals and previously accrued dividend equivalents (see F4).
- Notable footnotes: F1 (1-for-1), F2/F5 (dividend equivalents accrued to previously granted phantom stock under the company’s equity and director deferred-compensation plans), F3 (vesting/payout triggers: death, disability or vesting/payout of underlying award).
- Filing timeliness: Report filed 2026-03-19 for a 2026-03-18 transaction — appears to be timely (no late-filing flag shown).
Context
- These awards are phantom stock/dividend equivalents, meaning they represent a right to receive value (cash or shares) later under the plan; they are not immediately tradable common stock. Grants to non-employee directors are commonly used as compensation and do not necessarily indicate the insider is buying or selling shares for investment reasons.