Form 4: Cooper Companies SVP & CAO, Agostino Ricupati, Executes Stock Option Exercises and Sales
SEC Form 4
Agostino Ricupati, SVP & CAO of Cooper Companies, exercised stock options and sold shares on March 18, 2024, resulting in adjustments to his beneficial ownership.
Summary
- On March 18, 2024, Agostino Ricupati, SVP & CAO of Cooper Companies, engaged in transactions involving Cooper Companies' common stock.
- Ricupati exercised stock options to acquire a total of 54,724 shares at prices ranging from $32.90 to $76.135 per share.
- Concurrently, Ricupati sold 54,724 shares at a weighted average price of $100.8923, with individual sales ranging from $100.71 to $101.29.
- Following these transactions, Ricupati's directly held beneficial ownership of common stock decreased to 5,081.44 shares.
- Ricupati also continues to hold options to purchase Cooper Companies' stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it simply reports transactions. It doesn't indicate positive or negative outlook.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Investors often monitor these filings for insights into management's perspective on the company's stock.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the increased volume of shares traded.
Key Dates
| Date | Description |
|---|---|
| 12/09/2024 | Expiration date for some stock options. |
| 12/09/2025 | Expiration date for some stock options. |
| 12/12/2027 | Expiration date for some stock options. |
| 12/11/2028 | Expiration date for some stock options. |
| 12/10/2029 | Expiration date for some stock options. |
| 02/16/2024 | Issuer's 4-for-1 stock split effected. |
| 03/18/2024 | Date of stock option exercises and sales. |
| 03/20/2024 | Date of signature on the Form 4. |
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