Form 4: Cooper Companies Executive Brian Andrews Reports Stock Transactions
SEC Form 4 Filing
Brian Andrews, EVP, CFO & Treasurer of Cooper Companies, reports the acquisition and disposal of company stock on February 1, 2025, including shares from performance stock unit vesting and shares disposed of to cover tax obligations.
Summary
- On February 1, 2025, Brian Andrews, the EVP, CFO & Treasurer of Cooper Companies, engaged in transactions involving the company's common stock.
- Andrews acquired 16,850 shares of common stock through the vesting of performance stock units.
- He also disposed of 8,557 shares to satisfy tax obligations at a price of $96.55 per share.
- Following these transactions, Andrews directly owns 14,907 shares and indirectly owns 12,373 shares through the Andrews Family Trust.
- 3,077 directly held shares were transferred to Andrews Family Trust on January 15, 2025.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive, with no inherent positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities in the company's stock. It is a standard practice for executives to receive stock-based compensation and to sell shares to cover tax liabilities.
Key Dates
| Date | Description |
|---|---|
| 01/15/2025 | 3,077 directly held shares transferred to Andrews Family Trust |
| 02/01/2025 | Date of stock transactions: acquisition of shares from performance stock units and disposal of shares for tax obligations |
| 02/04/2025 | Date of signature on the Form 4 filing |
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