NPO - Smart Decision: Steven R Bower Acquires Enpro Stock Options | Benzinga
In a new SEC filing on February 28, it was unveiled that Bower, SVP at Enpro (NYSE:NPO), acquired stock options for 1,148 shares.
What Happened: Disclosed in a Form 4 filing on Wednesday with the U.S. Securities and Exchange Commission, Bower, SVP at Enpro, made a strategic derivative acquisition. This involved acquiring stock options for 1,148 shares of NPO, providing the right to buy the company's stock at an exercise price of $156.2 per share.
The Thursday morning update indicates Enpro shares down by 0.0%, currently priced at $159.14. At this value, Bower's 1,148 shares are worth $3,375.
Unveiling the Story Behind Enpro
Enpro Inc formerly EnPro Industries Inc is a United States-based company that designs, develops, manufactures, and markets proprietary engineered industrial products. The company operates through three segments: Sealing Technologies, which manufactures and markets sealing products, wheel-end components & systems, and others; Advanced Surface Technologies manufactures wafer processing sub-systems, thin-film coatings, optical filters, and other services like cleaning, coating, testing, refurbishment, and verification services; Engineered Materials manufactures components for reciprocating compressors & engines, metal-polymer, engineered plastics, composite bearing products, and others. Its geographical segments are United States, Europe, and other foreign countries.
Unraveling the Financial Story of Enpro
Revenue Challenges: Enpro's revenue ...