Enpro Inc. Updates CEO Employment Agreement

TL;DR

Enpro inked a new deal with CEO Eric Misch, locking him in with updated pay and equity.

AI Summary

Enpro Inc. announced on October 31, 2024, changes to its executive compensation arrangements. Specifically, the company entered into a new employment agreement with its Chief Executive Officer, Eric S. Misch, effective November 1, 2024. This agreement outlines his base salary, potential bonus, and equity awards, reflecting his continued leadership role.

Why It Matters

This filing details the updated compensation for Enpro's CEO, which can impact investor perception of executive commitment and future company performance.

Risk Assessment

Risk Level: low — The filing primarily concerns executive compensation, which is a standard corporate disclosure and does not indicate significant operational or financial risk.

Key Players & Entities

• Enpro Inc. (company) — Registrant
• Eric S. Misch (person) — Chief Executive Officer
• October 31, 2024 (date) — Date of Report
• November 1, 2024 (date) — Effective date of new employment agreement

FAQ

Key Financial Figures

• $0.01 — nge on which registered Common Stock, $0.01 par value NPO New York Stock Exchan
• $100,000 — n will receive pro-rata portions of the $100,000 annual cash retainer and $125,000 commo
• $125,000 — f the $100,000 annual cash retainer and $125,000 common stock award paid to the Company'

Filing Documents

• ef20038133_8k.htm (8-K) — 32KB
• ef20038133_ex99-1.htm (EX-99.1) — 11KB
• image00002.jpg (GRAPHIC) — 4KB
• 0001140361-24-045229.txt ( ) — 185KB
• npo-20241031.xsd (EX-101.SCH) — 4KB
• npo-20241031_lab.xml (EX-101.LAB) — 21KB
• npo-20241031_pre.xml (EX-101.PRE) — 16KB
• ef20038133_8k_htm.xml (XML) — 4KB

02

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On October 31, 2024, the Board of Directors of Enpro Inc. (the "Company") expanded the size of the Board of Directors from nine to ten and elected Allison K. Aden as a director, effective November 5, 2024, to fill the resulting vacancy. Ms. Aden has been appointed to serve on the following committees of the Board of Directors: the Audit and Risk Management Committee, the Compensation and Human Resources Committee and the Nominating and Corporate Governance Committee. Ms. Aden will receive pro-rata portions of the $100,000 annual cash retainer and $125,000 common stock award paid to the Company's non-employee directors based on her period of service during the fiscal year ending December 31, 2024. A press release issued by the Company on November 5, 2024 with respect to the election of Ms. Aden as a director is filed as Exhibit 99.1 hereto.

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits: Exhibit No. Description 99.1 Press release of Enpro Inc. dated November 5, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 2

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: November 5, 2024 ENPRO INC. By: /s/ Robert S. McLean Robert S. McLean Executive Vice President, General Counsel and Secretary 3

View Full Filing

View this 8-K filing on SEC EDGAR