Form 4: Cooper Companies Director Maria Rivas Reports Stock Transactions

Sentiment:

SEC Form 4


Director Maria Rivas reports acquisition of shares through restricted stock unit vesting and grants, as well as shares held by The Maria Rivas Trust.

Summary

  • Maria Rivas, a director of Cooper Companies, reported transactions involving the company's common stock.
  • On April 1, 2025, Rivas acquired 2,721 shares of common stock through the vesting of restricted stock units.
  • These shares were acquired at a price of $0.00.
  • Rivas also acquired 3,322 restricted stock units on April 1, 2025, which are exercisable on April 1, 2026.
  • Following these transactions, Rivas directly owns 2,721 shares and indirectly owns 7,420 shares through The Maria Rivas Trust Dated June 24, 2013.
  • The report was filed by Aloma Avery, as Attorney-in-Fact, on April 3, 2025.
  • A power of attorney document was included, effective June 14, 2024, granting authority to Nicholas S. Khadder, Aloma Avery, Asad Sattar, and Michelle Cloutier to execute SEC filings on Rivas's behalf.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing reflecting stock transactions by a company director. The vesting of restricted stock units and grant of new units are typical compensation practices.

Positives

  • The acquisition of shares through vesting of restricted stock units can be seen as a positive sign, indicating confidence in the company's future performance.
  • The grant of additional restricted stock units suggests continued alignment of the director's interests with those of the shareholders.

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 to gauge sentiment and potential future actions of key personnel.

Stakeholder Impact

  • The reported transactions provide transparency to shareholders regarding the stock ownership of a company director.
  • These filings help stakeholders understand the alignment of interests between management and shareholders.

Key Dates

DateDescription
June 14, 2024Date of Power of Attorney execution.
April 1, 2025Date of stock acquisition and restricted stock unit grant.
April 1, 2026Date from which the restricted stock units are exercisable.
April 3, 2025Date of Form 4 filing.

Keywords

Form 4, Cooper Companies, Maria Rivas, Director, Stock, Restricted Stock Units, Beneficial Ownership, SEC, Transaction

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