Botts Thomas M. 4

What Happened

• Thomas M. Botts, a director of Enpro Inc. (NPO), was granted derivative/phantom stock awards on 2026-06-17. He acquired 13.000 phantom shares at $363.62 each (value $4,727) and 2.619 phantom shares at $363.62 each (value $952), totaling ~15.619 units worth ~$5,679. These are reported as derivative awards (not open-market purchases).

Key Details

• Transaction date and price: 2026-06-17; $363.62 per unit for both grants.
• Report filed: 2026-06-18 (filed the day after the transaction).
• Shares owned after transaction: not specified as a single total in the filing; footnote F4 notes the balance includes multiple phantom stock grants, accruals and previously accrued dividend equivalents.
• Notable footnotes:
  • F1: 1-for-1 (conversion factor).
  • F2/F5: Dividend equivalent rights accrued to previously granted/acquired phantom stock under the company’s equity and deferred compensation plans.
  • F3: Vesting/payout occurs on earliest of death, disability, or vesting/payout of the related underlying award.
  • F4: Balance aggregates multiple grants and accrued dividend equivalents.
• Transaction type code: A (grant/award/acquisition) — an award of derivative units, not a market buy or sale.

Context

• These are phantom/derivative awards that track the value of Enpro shares and typically settle later in cash or stock per the plan terms; they are not immediate stock purchases. Such awards are common for non-employee directors as compensation and do not by themselves indicate the director bought or sold stock on the open market.