Form 4: Director Albert J. Neupaver Reports Acquisition of Dividend Equivalent Rights in Koppers Holdings Inc.
SEC Form 4 Filing
Director Albert J. Neupaver reports acquiring 17 dividend equivalent rights related to restricted stock units of Koppers Holdings Inc.
Summary
- On March 24, 2025, Albert J. Neupaver, a director of Koppers Holdings Inc., acquired 17 dividend equivalent rights (DERs).
- These DERs accrued with respect to additional time-based restricted stock units (RSUs) credited to Neupaver related to RSUs granted on May 2, 2024.
- Each DER is the economic equivalent of one share of Koppers Holdings Inc. common stock.
- The reporting person directly owns 17 of these derivative securities.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The acquisition of dividend equivalent rights by a director can be seen as a positive sign, aligning the director's interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| May 2, 2024 | Date of restricted stock units (RSUs) grant related to the dividend equivalent rights. |
| 03/24/2025 | Date of transaction: Acquisition of 17 dividend equivalent rights. |
| 03/26/2025 | Date of signature on the Form 4 filing. |
Keywords
dividend equivalent rights, Koppers Holdings Inc., Form 4, director, Albert J. Neupaver, RSUs, DERs
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.