Form 4: Cooper Companies Executive Holly R. Sheffield Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Holly R. Sheffield, President of CSI at Cooper Companies, reports the vesting and subsequent disposal of shares to cover tax obligations.

Summary

  • On February 1, 2025, Holly R. Sheffield, President of CSI at Cooper Companies, reported transactions involving Cooper Companies common stock.
  • These transactions included the vesting of 17,309 performance stock units, which converted into common stock.
  • Following the vesting, 8,021 shares were disposed of at a price of $96.55 to satisfy tax obligations.
  • After these transactions, Sheffield directly owns 37,822 shares of Cooper Companies common stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the document simply reports stock transactions by an executive, which is a routine occurrence.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

  • The transactions have a minimal direct impact on stakeholders, as they represent a small percentage of the company's outstanding shares.
  • However, transparency in insider transactions is important for maintaining investor confidence.

Key Dates

DateDescription
02/01/2025Date of the reported transactions: vesting of performance stock units and disposal of shares.
02/04/2025Date of signature on the Form 4 filing.

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