Form 4: COO Executive Awarded Performance and Restricted Stock Units

Daniel G. McBride, EVP & COO of The Cooper Companies, Inc., was granted 10,508 Performance Stock Units and 21,016 Restricted Stock Units.

Summary

• Daniel G. McBride, Executive Vice President and Chief Operating Officer of The Cooper Companies, Inc. (COO), was granted derivative securities on December 9, 2025.
• The award includes 10,508 Performance Stock Units (PSUs) and 21,016 Restricted Stock Units (RSUs).
• The PSUs will vest based on The Cooper Companies, Inc.'s Total Shareholder Return (TSR) performance relative to an index over a three-year period ending October 31, 2028.
• Between 0% and 200% of the target number of PSUs may vest, with no shares vesting if minimum TSR performance is not achieved.
• The RSUs will vest 25% per year over four years, with the first vesting date on January 8, 2026.
• Both PSUs and RSUs were granted at a price of $0.00 and have no expiration date, settling after performance certification for PSUs or vesting/forfeiture for RSUs.

Sentiment

Score: 7

Explanation: The filing reports a standard equity compensation award to a key executive, aligning management's interests with shareholder returns through performance-based units, which is generally viewed positively for corporate governance.

Positives

• The grant of equity awards to a key executive aligns management's interests with shareholder returns.
• Performance Stock Units incentivize achieving specific Total Shareholder Return targets, linking executive compensation directly to company performance relative to peers.

Risks

• The actual number of shares received from Performance Stock Units is contingent on the company's TSR performance relative to an index, meaning the full target amount may not vest.
• No shares will vest from PSUs if minimum TSR performance is not achieved by October 31, 2028.

Future Outlook

The Performance Stock Units are subject to a three-year performance period ending October 31, 2028, with vesting contingent on Total Shareholder Return performance. The Restricted Stock Units will vest in 25% annual increments over four years, beginning January 8, 2026.

Industry Context

This filing represents a routine disclosure of executive equity compensation, a common practice across publicly traded companies to incentivize and retain key management personnel by aligning their financial interests with long-term shareholder value creation.

Stakeholder Impact

• Shareholders: Potential alignment of executive incentives with shareholder returns through performance-based equity awards, fostering long-term value creation.

Next Steps

• Vesting of Restricted Stock Units will commence on January 8, 2026, and continue annually for four years.
• The performance of The Cooper Companies, Inc.'s Total Shareholder Return will be evaluated against an index at the end of the three-year period on October 31, 2028, to determine the final vesting percentage of Performance Stock Units.

Key Dates

Keywords

The Cooper Companies, COO, Daniel G. McBride, Form 4, SEC filing, Performance Stock Units, Restricted Stock Units, Equity Compensation, Executive Compensation, TSR