Reinsdorf Judith A 4
Research Summary
AI-generated summary
Enpro (NPO) Director Judith A. Reinsdorf Receives Award — 0.596 Shares
What Happened
- Judith A. Reinsdorf, a director of Enpro Inc. (NPO), was granted/credited 0.596 phantom shares (derivative award) on 2026-06-17. The award is reported at a per-share value of $363.62, for a total reported value of approximately $217. This was an award/accrual under Enpro’s Deferred Compensation Plan for Non-Employee Directors, not an open-market purchase.
Key Details
- Transaction date: 2026-06-17; filing date: 2026-06-18 (timely).
- Transaction type: A = Award / acquisition of derivative security (phantom stock).
- Quantity and valuation: 0.596 phantom shares × $363.62 per share = ~$217 total.
- Shares owned after transaction: Filing does not state a single total; it notes the balance includes multiple phantom stock grants, accruals and previously accrued dividend equivalents.
- Relevant footnotes:
- F1: 1-for-1 (phantom share to common share ratio).
- F2: Dividend equivalent rights accrued to previously acquired phantom stock under the Deferred Compensation Plan for Non-Employee Directors.
- F3: Vesting/payout occurs on the earliest of death, disability, or vesting/payout of the underlying award.
- F4: Balance reflects multiple phantom grants and accrued dividend equivalents.
- No indication of a 10b5-1 plan, cashless exercise, sale, or tax-withholding sale in this filing.
Context
- These are phantom (derivative) units in a deferred compensation plan that mirror economic exposure to shares but are typically paid out in cash or stock at a later date under plan rules. They are routine non-employee director compensation and do not represent an open-market purchase or sale. The small dollar value (~$217) suggests a routine accrual rather than a meaningful market signal.