Form 4: Director Teresa Madden Reports Stock Transactions in Cooper Companies
SEC Form 4 Filing
Director Teresa Madden reports the acquisition and disposal of Cooper Companies stock and restricted stock units on April 1, 2024, following a 4-for-1 stock split.
Summary
- On April 1, 2024, Teresa S. Madden, a director of Cooper Companies, reported transactions involving the company's stock and restricted stock units (RSUs).
- Madden acquired 2,892 shares of common stock at $0.00 per share.
- These shares were acquired through the vesting of restricted stock units.
- Following the transaction, Madden directly owns 9,636 shares of common stock.
- Madden also acquired 2,721 restricted stock units, which are exercisable on April 1, 2025.
- The reported transactions also reflect an adjustment for a 4-for-1 stock split that occurred on February 16, 2024.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC for company insiders, providing transparency into their trading activities and ownership positions. This filing indicates routine transactions related to stock-based compensation.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 02/16/2024 | Issuer's 4-for-1 stock split effected |
| 04/01/2024 | Date of transaction: Acquisition and disposal of stock and RSUs |
| 04/01/2025 | Date RSUs are exercisable |
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