Form 4: Cooper Companies Director Robert Weiss Donates 30,000 Shares to Charity

Director Robert Weiss of Cooper Companies (COO) gifted 30,000 shares of common stock to a charitable donor-advised fund on March 13, 2024.

Summary

• Robert S. Weiss, a director at Cooper Companies, filed a Form 4 indicating a change in beneficial ownership.
• On March 13, 2024, Weiss donated 30,000 shares of Cooper Companies common stock to a charitable donor-advised fund.
• The transaction was a gift, with a value of $0 listed for the transfer.
• Following the transaction, Weiss directly owns 282,772 shares of Cooper Companies common stock.
• Weiss also indirectly owns 265,360 shares through the Robert and Marilyn Weiss Trust dated 5/17/06.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing related to a charitable donation, which doesn't inherently indicate positive or negative financial performance for the company.

Positives

• The donation of shares to a charitable fund could be viewed positively from a corporate social responsibility perspective.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This particular filing reflects a charitable donation by a director, which is not uncommon.

Stakeholder Impact

• The donation may have a minor positive impact on the company's reputation due to its charitable nature.

Key Dates