Form 4: Director Walter Rosebrough Jr. Exercises COO Stock Units
Statement of Changes in Beneficial Ownership
Director Walter M. Rosebrough Jr. acquired 832 shares of The Cooper Companies, Inc. common stock through the vesting of restricted stock units.
Summary
- Director Walter M. Rosebrough Jr. exercised 832 restricted stock units (RSUs) on April 1, 2026.
- The RSUs were converted into 832 shares of common stock at a price of $0.00 per share.
- Following the transaction, the director holds 832 shares directly and 10,000 shares indirectly through a revocable trust.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event; it is a standard administrative update regarding director compensation that carries no material impact on the company's financial outlook.
Positives
- Director maintains a significant indirect stake of 10,000 shares, indicating continued alignment with shareholder interests.
Negatives
- The filing was submitted after the regulatory deadline due to an inadvertent administrative oversight.
Risks
- Administrative oversight in regulatory reporting compliance.
Future Outlook
No forward-looking guidance provided in this filing.
Industry Context
StockSavvy.ai notes that this is a routine insider transaction involving the settlement of equity-based compensation for a board member, which is standard practice for publicly traded companies like The Cooper Companies.
Comparison to Industry Standards
- The transaction follows standard equity compensation vesting schedules common in the medical device and healthcare sector.
- The late filing is a minor compliance deviation that does not reflect on the company's operational performance.
Related Party Transactions
- The reporting person is the sole trustee of the Walter M. Rosebrough, Jr. Revocable Trust, which holds 10,000 shares of the issuer.
Stakeholder Impact
- Minimal impact on shareholders as this represents the fulfillment of existing equity compensation agreements.
Next Steps
- No future actions or milestones were disclosed in this filing.
Key Dates
| Date | Description |
|---|---|
| 01/03/2026 | Grant date of the restricted stock units. |
| 04/01/2026 | Vesting and exercise date of the restricted stock units. |
| 04/21/2026 | Date of filing for the Form 4. |
Keywords
Cooper Companies, COO, Insider Trading, Form 4, Director Ownership, Restricted Stock Units
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