Bower Steven R. 4

What Happened

• Steven R. Bower, Enpro’s Senior VP, Controller and CAO, exercised 1,551 stock option-derived shares on March 2, 2026 at an exercise price of $53.78 per share (cost $83,413).
• The same filing shows an open-market sale of 507 shares at $265.15 each, generating $134,430.
• The filing also reports 1,551 derivative-share disposals at $0.00; filings commonly show $0 disposals when shares are surrendered to satisfy tax withholding or other option-related obligations (see footnotes).

Key Details

• Transaction date: 2026-03-02 (filed 2026-03-02).
• Option exercise: 1,551 shares acquired @ $53.78, total $83,413.
• Open-market sale: 507 shares sold @ $265.15, total $134,430.
• Derivative disposal: 1,551 shares reported disposed @ $0.00 (derivative).
• Shares owned after transaction: Not specified in the filing.
• Footnotes: F1 notes the options vesting schedule (approx. equal thirds on 2/27/2021, 2/27/2022 and 2/27/2023); F2 notes a 2/27/2030 date (likely expiration).
• No indication in the filing that this report was late.

Context

• This filing documents an option exercise with a same-day partial sale. That pattern (exercise plus immediate sale or share surrender) is commonly used to cover exercise costs and tax withholding; the filing’s $0.00 derivative disposition line is consistent with surrender/withholding treatment, though the filing does not provide additional detail.
• Sales by executives can be routine (liquidity or tax-related) and are not, by themselves, a clear signal of company outlook.