Company: NPO
Filing Date: 2025-03-24
Form Type: DEF 14A
Source: 0001171200-25-000088
Chunk: 65

Company: Enpro Inc.
Filing Date: 2025-03-24
Form: DEF 14A
Chunk 65
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 over the exercise price of the stock option). The balance of the participant’s gain on a disqualifying disposition, if any, will be taxed as short-term or long-term capital gain, as the case may be. With respect to both nonqualified stock options and incentive stock options, special rules apply if a participant uses shares of common stock already held by the participant to pay the exercise price or if the shares received upon exercise of the stock option are subject to a substantial risk of forfeiture by the participant.

| 2025            
 PROXY STATEMENT | 63 | ENPRO 
 INC.  |

| PROPOSAL 3—APPROVAL OF AN AMENDMENT AND RESTATEMENT OF OUR 2020 EQUITY COMPENSATION PLAN |     | FEDERAL INCOME TAX INFORMATION |

Stock appreciation rights A participant generally will not recognize taxable income upon the grant or vesting of a SAR with a grant price at least equal to the fair market value of our common stock on the date of grant and no additional deferral feature. Upon the exercise of a SAR, a participant generally will recognize compensation taxable as ordinary income in an amount equal to the difference between the fair market value of the shares underlying the SAR on the date of exercise and the grant price of the SAR. Restricted stock awards, restricted stock units, and performance awards A participant generally will not have taxable income upon the grant of restricted stock, restricted stock units or performance awards. Instead, the participant will recognize ordinary income at the time of vesting or payout equal to the fair market value (on the vesting or payout date) of the shares or cash received minus any amount paid. For restricted stock only, a participant may instead elect to be taxed at the time of grant. Other stock or cash-based awards The U.S. federal income tax consequences of other stock or cash-based awards will depend upon the specific terms of each award. Tax consequences to the company In the foregoing cases, we generally will be entitled to a deduction at the same time, and in the same amount, as a participant recognizes ordinary income, subject to certain limitations imposed under the Internal Revenue Code. Section 409A We intend that awards granted under the Equity Plan comply with, or otherwise be exempt from, Section 409A of the Internal Revenue Code, but make no representation or warranty to that effect. Tax withholding We are authorized to deduct or withhold from any award granted or payment due under the Equity Plan, or require a participant to remit to us, the amount of any withholding taxes due in