Form 4: Cooper Companies Director Kozy Acquires Shares Through RSU Vesting

Sentiment:

SEC Form 4 Filing


Director William A. Kozy acquired 2,857 shares of Cooper Companies common stock through the vesting of restricted stock units on April 1, 2024.

Summary

  • On April 1, 2024, William A. Kozy, a director of Cooper Companies, acquired 2,857 shares of common stock.
  • This acquisition resulted from the vesting of restricted stock units (RSUs).
  • Kozy also disposed of 3,036 shares to cover taxes related to the vesting of the RSUs.
  • Following these transactions, Kozy directly owns 28,292 shares of Cooper Companies common stock and 2,857 restricted stock units.
  • The transactions were reported on a Form 4 filed with the SEC on April 3, 2024.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Positives

  • The acquisition of shares by a director can be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors for insights into management's perspective on the company's stock.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders by slightly increasing the number of outstanding shares.

Key Dates

DateDescription
02/16/2024Issuer's 4-for-1 stock split effected
04/01/2024Date of transaction: Acquisition of shares through RSU vesting and disposal of shares for tax obligations.
04/03/2024Date of Form 4 filing.

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