Form 4: Director Stephen R. Tritch Acquires Dividend Equivalent Rights in Koppers Holdings Inc.
SEC Form 4 Filing
Director Stephen R. Tritch acquired 17 dividend equivalent rights related to restricted stock units of Koppers Holdings Inc. on March 24, 2025.
Summary
- On March 24, 2025, Stephen R. Tritch, a director of Koppers Holdings Inc., acquired 17 dividend equivalent rights (DERs).
- These DERs are associated with additional time-based restricted stock units (RSUs) credited to Mr. Tritch concerning RSUs granted on May 2, 2024.
- Each DER represents the economic equivalent of one share of Koppers Holdings Inc. common stock.
- Following the transaction, Mr. Tritch directly owns 17 dividend equivalent rights.
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 may be of interest to shareholders as it reflects insider compensation and alignment with company performance.
Key Dates
| Date | Description |
|---|---|
| 05/02/2024 | 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, Stephen R. Tritch, RSUs, DERs
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