Form 4: Director Weiss Gifts Shares, Updates POA
Insider Transaction Report and Power of Attorney
The Cooper Companies director Robert S. Weiss reported a gift of 7,500 common shares to a charitable fund and updated his Power of Attorney for SEC filings.
Summary
- Director Robert S. Weiss gifted 7,500 shares of The Cooper Companies, Inc. common stock on December 12, 2025.
- The transaction was a gift to a charitable donor-advised fund and was executed pursuant to a Rule 10b5-1(c) plan.
- Following the gift, Mr. Weiss directly holds 288,945 shares and indirectly holds 257,860 shares through the Robert and Marilyn Weiss Trust dated May 17, 2006.
- A Power of Attorney, executed on November 4, 2025, designates Daniel G. McBride, Greta Kolcon, Mindy Gonzales, Michelle Cloutier, and Lauren Hernandez to execute SEC Forms 3, 4, and 5 on behalf of Mr. Weiss.
Sentiment
Score: 5
Explanation: The filing reports a routine insider transaction (a gift) and an administrative update to a Power of Attorney. These are neutral events for the company's operational or financial performance.
Positives
- The gift to a charitable donor-advised fund demonstrates philanthropic activity by a director.
- The transaction was made pursuant to a Rule 10b5-1(c) plan, indicating a pre-arranged and transparent disposition of shares.
Negatives
- A reduction in direct beneficial ownership by a director, though for a charitable purpose, slightly decreases insider alignment with shareholders.
Future Outlook
No forward-looking statements or guidance are provided in this transactional filing.
Industry Context
This is an insider transaction report and a power of attorney, which are routine compliance filings and do not typically relate to broader industry trends or competitors.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney Update | Robert S. Weiss executed a new Power of Attorney, effective November 4, 2025, designating Daniel G. McBride, Greta Kolcon, Mindy Gonzales, Michelle Cloutier, and Lauren Hernandez to execute Forms 3, 4, and 5 on his behalf. This document revokes any previously granted Powers of Attorney for these purposes. | 2025-11-04 | Enhances administrative efficiency and ensures timely compliance with Section 16(a) of the Securities Exchange Act of 1934 for the reporting person. |
Stakeholder Impact
- Shareholders: A minor reduction in direct insider ownership, but for a charitable purpose, is generally viewed as neutral to slightly positive due to philanthropy. The 10b5-1 plan indicates planned activity.
- Employees, Customers, Suppliers, Creditors: No direct impact from this filing.
Key Dates
| Date | Description |
|---|---|
| 2006-05-17 | Date of the Robert and Marilyn Weiss Trust. |
| 2025-11-04 | Execution date of the Power of Attorney by Robert S. Weiss. |
| 2025-12-12 | Date of the common stock gift transaction. |
| 2025-12-15 | Signature date of the Form 4 by Attorney-in-Fact. |
Keywords
The Cooper Companies, COO, Robert S. Weiss, Form 4, Insider Transaction, Stock Gift, Charitable Donation, Director, Beneficial Ownership, SEC Filing, Power of Attorney, Rule 10b5-1
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