Form 4: COO CFO Andrews Reports RSU Vesting & Share Disposition

Sentiment:

Insider Transaction Report


Cooper Companies' EVP, CFO & Treasurer, Brian G. Andrews, reported the vesting of 3,528 restricted stock units and the subsequent disposition of 1,893 shares for tax withholding.

Summary

  • Brian G. Andrews, EVP, CFO & Treasurer of Cooper Companies, Inc. (COO), reported transactions on January 8, 2026.
  • He acquired 3,528 shares of Common Stock at a price of $0.00, resulting from the vesting of Restricted Stock Units.
  • Concurrently, he disposed of 1,893 shares of Common Stock at $83.13 per share, likely to cover tax obligations related to the RSU vesting.
  • Following these transactions, Andrews directly holds 8,537 shares of Common Stock and indirectly holds 22,191 shares through the Andrews Family Trust.
  • He also holds 7,052 unvested Restricted Stock Units directly.
  • The RSU award vests 25% annually over four years, with future vesting dates on January 8, 2027 (3,524 shares) and January 8, 2028 (3,528 shares).

Sentiment

Score: 6

Explanation: The filing reports a routine vesting of restricted stock units and a subsequent disposition of shares to cover tax obligations, which is a standard practice for executive equity compensation and does not indicate any significant operational or financial changes for the company.

Positives

  • Vesting of 3,528 Restricted Stock Units indicates continued long-term incentive compensation for a key executive.
  • The acquisition of shares at $0.00 reflects the successful realization of equity compensation.

Negatives

  • Disposition of 1,893 shares, although for tax purposes, reduces the executive's direct ownership stake.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

  • Indirect beneficial ownership of 22,191 shares of Common Stock through the Andrews Family Trust, of which the Reporting Person and his spouse are co-trustees.

Stakeholder Impact

  • Shareholders: Minor dilution from RSU vesting, but offset by executive retention and alignment of interests. The disposition for tax purposes is a routine event.
  • Employees: Reflects ongoing executive compensation practices.

Next Steps

  • Future vesting of 3,524 Restricted Stock Units on January 8, 2027.
  • Future vesting of 3,528 Restricted Stock Units on January 8, 2028.

Key Dates

DateDescription
01/08/2025Vesting date for 3,528 Restricted Stock Units (past event, mentioned in vesting schedule).
01/08/2026Transaction date for RSU vesting and share disposition.
01/12/2026Signature date of the filing.
01/08/2027Future vesting date for 3,524 Restricted Stock Units.
01/08/2028Future vesting date for 3,528 Restricted Stock Units.

Recommendation

hold

This Form 4 filing details a routine executive compensation event involving the vesting of restricted stock units and a subsequent sale of shares to cover tax liabilities. Such transactions are standard and do not provide new fundamental information about the company's operational performance, financial health, or strategic direction that would warrant a change in investment recommendation. Therefore, a "hold" recommendation is appropriate as the filing itself does not present a catalyst for a buy or sell decision.

Keywords

Cooper Companies, COO, Brian G Andrews, Form 4, Insider Trading, Restricted Stock Units, RSU Vesting, Share Disposition, Executive Compensation, CFO, Equity Compensation, Tax Withholding

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