Form 4: Koppers Holdings CEO, M Leroy Ball, Executes Stock Option and Sells Shares
SEC Form 4 Filing
Koppers Holdings CEO, M Leroy Ball, exercised stock options and sold shares in multiple transactions on November 14th and 15th, 2024.
Summary
- M Leroy Ball, CEO of Koppers Holdings Inc., executed stock options to acquire 11,103 shares of common stock at a price of $17.57 per share on November 14th and 15th, 2024.
- Concurrently, Mr. Ball sold 11,103 shares of common stock in multiple transactions at weighted average prices ranging from $36.38 to $37.77 per share.
- The transactions resulted in a net decrease of 0 shares held by Mr. Ball, but a change in the form of ownership from options to common stock.
- Following these transactions, Mr. Ball directly owns 315,129.4007 shares of Koppers Holdings Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing detailing insider transactions. It does not indicate any positive or negative sentiment.
Industry Context
This is a routine filing related to insider transactions and is common for executives who hold stock options. It does not indicate any specific trend in the industry.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the US, and the transactions reported are typical for executives exercising stock options and selling shares.
- The reported transactions are similar to those of other CEOs in comparable companies who receive stock options as part of their compensation packages.
- The weighted average sale prices are within the typical range for market transactions of this type.
Stakeholder Impact
- The transactions have a neutral impact on shareholders as they are routine and do not indicate a change in the company's fundamentals.
Key Dates
| Date | Description |
|---|---|
| 03/03/2016 | Date stock options were granted, vesting in annual installments of 25 percent over four years. |
| 11/14/2024 | Date of the first set of stock option exercises and share sales. |
| 11/15/2024 | Date of the second set of stock option exercises and share sales. |
| 11/18/2024 | Date the Form 4 was signed. |
| 03/03/2025 | Expiration date of the stock options. |
Keywords
Koppers Holdings, M Leroy Ball, stock options, insider trading, share sales, CEO, Form 4, equity securities
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