Enpro (NPO) Director Judith Reinsdorf Receives 0.838-Share Award

What Happened

• Judith A. Reinsdorf, a director of Enpro Inc. (NPO), was credited with a derivative award of 0.838 shares on 2026-09-16 at an attributable value of $287.16 per share, totaling about $241. This was an award/acquisition of phantom stock under EnPro’s Deferred Compensation Plan for Non‑Employee Directors — not an open-market purchase or sale.

Key Details

• Transaction date: 2026-09-16; Form 4 filed 2026-09-17 (timely filing).
• Amount: 0.838 phantom shares at $287.16 per share; total value reported ≈ $241.
• Transaction type: A = Award/Grant (derivative phantom stock units), not a cash purchase or sale.
• Shares owned after transaction: filing notes a balance that “includes multiple phantom stock grants, phantom stock accruals and previously accrued dividend equivalents” but does not list a single total share count in the disclosure.
• Relevant footnotes: (1) 1-for-1 conversion reference; (2) dividend equivalent rights accrued to previously acquired phantom stock under the deferred compensation plan; (3) vesting/payout triggers include death, disability, or vesting/payout of the underlying award; (4) balance includes multiple grants and accrued dividend equivalents.

Context

• Phantom stock awards are derivative units that track the company’s share value and dividend equivalents and are typically settled per plan terms (often in cash or shares) when they vest or are paid out; they do not represent an immediate purchase of common stock. This small-value award (~$241) appears to be a routine director compensation accrual rather than a material insider bet on the stock.