Form 4: COO Executive Reports RSU Vesting and Stock Sales

Daniel G. McBride, EVP & COO of The Cooper Companies, reported the vesting of restricted stock units and subsequent tax-related dispositions of common stock.

Summary

• Daniel G. McBride, Executive Vice President & Chief Operating Officer of The Cooper Companies, Inc. (COO), reported changes in his beneficial ownership of company securities on January 8, 2026.
• McBride acquired a total of 12,887 shares of Common Stock through the vesting of Restricted Stock Units (RSUs) across three separate awards (4,168, 4,556, and 4,163 shares), with an exercise price of $0.00.
• To cover tax liabilities associated with these vestings, McBride disposed of a total of 6,655 shares of Common Stock (2,415, 2,121, and 2,119 shares) at a price of $83.13 per share.
• Following these transactions, McBride directly beneficially owns 69,352 shares of Common Stock.
• Additionally, McBride indirectly beneficially owns 94,496 shares of Common Stock through The McBride Family Trust.
• The transactions were made pursuant to a Rule 10b5-1(c) contract, instruction, or written plan.

Sentiment

Score: 5

Explanation: The filing reports routine insider transactions related to executive compensation (RSU vesting and tax-related sales), which is a neutral event for company operations or financial performance.

Positives

• The vesting of 12,887 Restricted Stock Units represents the realization of executive compensation, aligning the executive's interests with long-term company performance.
• Continued holding of a significant number of shares, both directly and indirectly, demonstrates ongoing commitment to the company's success.

Negatives

• A total of 6,655 shares of Common Stock were sold to cover tax obligations, resulting in a reduction of direct beneficial ownership.

Risks

• The value of the remaining directly and indirectly held Common Stock is subject to general market fluctuations and company-specific performance.
• Future vesting of Restricted Stock Units is contingent upon continued service, posing a risk of forfeiture if employment ceases prior to vesting dates.

Future Outlook

Future compensation for Daniel G. McBride includes additional Restricted Stock Unit vestings scheduled for January 8, 2027 (4,168 shares, 4,552 shares, and 4,164 shares), January 8, 2028 (4,556 shares and 4,163 shares), and January 8, 2029 (4,163 shares), all subject to continued service.

Stakeholder Impact

• Shareholders: The transactions represent a routine change in an executive's direct ownership, with a minor reduction due to tax-related sales. The overall impact on the company's share structure or value is negligible.
• Employees: The vesting of RSUs is a standard component of executive compensation, which can serve as an example of long-term incentive programs within the company.

Next Steps

• Future Restricted Stock Unit vestings are scheduled for January 8, 2027, January 8, 2028, and January 8, 2029, contingent on continued service.

Key Dates

Keywords

Cooper Companies, COO, Form 4, Insider Transaction, Restricted Stock Units, Executive Compensation, Stock Vesting, Daniel G McBride