Form 4: Director Vartanian Acquires Dividend Equivalent Rights in Koppers Holdings Inc.

Sentiment:

SEC Form 4 Filing


Director Nishan J. Vartanian acquired dividend equivalent rights related to restricted stock units in Koppers Holdings Inc.

Summary

  • On March 24, 2025, Nishan J. Vartanian, 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 Vartanian 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 derivative securities.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, indicating a neutral sentiment. It simply reports a transaction.

Industry Context

This Form 4 filing is a routine disclosure related to insider transactions and is a standard practice for publicly traded companies. It provides transparency into the holdings and transactions of company insiders.

Stakeholder Impact

  • The transaction has a minimal direct impact on stakeholders, as it involves the acquisition of dividend equivalent rights by a director, which is a form of compensation.

Key Dates

DateDescription
05/02/2024Date of restricted stock units grant related to the dividend equivalent rights.
03/24/2025Date of transaction: Acquisition of 17 dividend equivalent rights.
03/26/2025Date of signature on the Form 4 filing.

Keywords

Koppers Holdings Inc., Dividend Equivalent Rights, Restricted Stock Units, Form 4, Director, Vartanian, Insider Trading

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