Form 4: Cooper Companies Director Robert Weiss Reports Stock Transactions
SEC Form 4 Filing
Director Robert Weiss reports acquisition and disposal of Cooper Companies stock and restricted stock units on April 1, 2024.
Summary
- On April 1, 2024, Robert Weiss, a director of Cooper Companies, engaged in transactions involving the company's stock and restricted stock units (RSUs).
- Weiss acquired 3,180 shares of common stock through the vesting of restricted stock units.
- Following these transactions, Weiss directly owns 285,952 shares of common stock.
- Weiss also indirectly owns 265,360 shares through the Robert S. Weiss and Marilyn A. Weiss Trust dated 5/17/06.
- Additionally, Weiss acquired 2,993 restricted stock units that vest on 04/01/2025.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company director, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for directors and officers of publicly traded companies. These filings are monitored 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 upon vesting of the RSUs.
Key Dates
| Date | Description |
|---|---|
| 5/17/06 | Date of the Robert and Marilyn Weiss Trust |
| 04/01/2024 | Date of stock and RSU transactions |
| 04/01/2025 | Vesting date for 2,993 restricted stock units |
| 04/03/2024 | Date of signature on the Form 4 |
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