Form 4: Cooper Companies Director Reports Stock Transactions
Insider Transaction Report
Robert S. Weiss, a Director at The Cooper Companies, Inc., reported transactions involving the acquisition of common stock and restricted stock units.
Summary
- Robert S. Weiss, a Director of The Cooper Companies, Inc. (COO), reported a transaction on April 1, 2026.
- He acquired 3,654 shares of common stock at no cost.
- Following this transaction, he beneficially owns 292,599 shares of common stock directly.
- Additionally, 257,860 shares are held indirectly through the Robert and Marilyn Weiss Trust.
- Weiss also acquired 3,779 Restricted Stock Units (RSUs) on April 1, 2026, with an effective date of April 1, 2027, for vesting.
- These RSUs are held directly.
Sentiment
Score: 6
Explanation: StockSavvy.ai views this as a neutral to slightly positive filing, as it reflects an insider increasing their stake, which can be interpreted as a sign of confidence, but it does not provide new financial performance data.
Positives
- Director Robert S. Weiss acquired additional equity in the company, indicating confidence.
- The acquisition of 3,654 common shares and 3,779 RSUs increases the director's stake.
- The indirect ownership through a trust suggests long-term family wealth tied to the company.
Negatives
- The filing does not indicate any negative financial performance or operational issues.
Risks
- No specific risks were detailed in this Form 4 filing.
Future Outlook
The filing does not contain forward-looking statements or guidance.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions, providing transparency into the holdings and activities of company directors and officers. These transactions can offer insights into management's perception of the company's value.
Related Party Transactions
- The filing notes that 257,860 shares are held indirectly by the Robert and Marilyn Weiss Trust, of which the Reporting Person and his spouse are co-trustees.
Stakeholder Impact
- Shareholders may view the director's acquisition of stock positively, as it aligns insider interests with those of other shareholders.
- Employees may see this as a sign of management's commitment to the company's future.
Next Steps
- Vesting of Restricted Stock Units on April 1, 2027.
Key Dates
| Date | Description |
|---|---|
| 04/01/2026 | Transaction Date for acquisition of common stock and restricted stock units. |
| 04/01/2027 | Vesting date for Restricted Stock Units. |
| 04/06/2026 | Date of signature for the filing. |
Keywords
Form 4, SEC Filing, Cooper Companies, COO, Director, Stock Transaction, Beneficial Ownership, Common Stock, Restricted Stock Units, Equity Award
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