Keating Ronald C 4

What Happened

• Ronald C. Keating, a director of EnPro Inc. (ticker: NPO), was granted 2.197 phantom shares (derivative award) on 2026-03-18. The filing reports a per-share valuation of $250.59 and a total reported value of about $550. This was an award under the company’s Deferred Compensation Plan for Non-Employee Directors, not an open-market purchase.

Key Details

• Transaction date and type: 2026-03-18 — Grant/Award (derivative phantom stock).
• Price/value: $250.59 per share; total reported value ≈ $550 (derivative).
• Shares owned after transaction: not specifically stated in the filing; the reported balance includes multiple phantom stock grants, accruals and previously accrued dividend equivalents (see footnote F4).
• Relevant footnotes: F1 indicates a 1-for-1 conversion; F2 notes dividend-equivalent rights were accrued to previously acquired phantom stock; F3 explains vesting/payout triggers (earliest of death, disability, or vesting/payout of the underlying award); F4 says the balance aggregates multiple grants and accruals.
• Filing timeliness: Reported on 2026-03-19 for a 2026-03-18 transaction — filed within the typical Form 4 reporting window (timely).

Context

• This was a compensation/award transaction involving phantom (deferred) stock rather than an outright purchase or sale of company shares. Phantom shares typically pay out later (or convert 1-for-1 to stock/cash per plan terms) and therefore do not necessarily signal immediate insider buying or selling.