In a new SEC filing on February 28, it was unveiled that McLean, EVP at Enpro (NYSE:NPO), acquired stock options for 3,181 shares.
What Happened: McLean, EVP at Enpro, acquired stock options for 3,181 shares of NPO. This information was disclosed in a Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday. The options allow McLean to buy the company's stock at $156.2 per share.
As of Thursday morning, Enpro shares are up by 0.63%, with a current price of $160.15. This implies that McLean's 3,181 shares have a value of $12,549.
Delving into Enpro's Background
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.
Financial Milestones: Enpro's Journey
Negative Revenue Trend: Examining Enpro's financials ...