Form 4: Cooper Companies EVP Exercises Stock Options and Disposes of Shares
SEC Form 4 Filing
Daniel G. McBride, EVP & Chief Operating Officer of Cooper Companies, exercised stock options and disposed of shares on January 8, 2025.
Summary
- On January 8, 2025, Daniel G. McBride, the EVP & Chief Operating Officer of Cooper Companies, exercised restricted stock units and disposed of shares to cover tax obligations.
- He exercised 4,172 restricted stock units that vested on 1/8/2025, part of an award vesting 25% per year over four years.
- He also exercised 4,556 restricted stock units that vested on 1/8/2025, part of an award vesting 25% per year over four years.
- Following these transactions, McBride directly owns 48,910 shares of common stock and indirectly owns 94,496 shares through The McBride Family Trust.
- He also directly owns 8,336 restricted stock units related to the first award and 13,664 restricted stock units related to the second award.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions by an executive. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives regarding their holdings of company stock.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the number of shares held by an executive.
Key Dates
| Date | Description |
|---|---|
| 01/08/2025 | Date of transaction: Exercise of restricted stock units and disposal of shares. |
| 01/10/2025 | Date of signature on the Form 4 filing. |
| 12/13/2032 | Expiration date of some restricted stock units. |
| 12/12/2033 | Expiration date of some restricted stock units. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.