Form 4: Koppers Holdings CEO M Leroy Ball Reports Stock Transactions
SEC Form 4 Filing
M Leroy Ball, CEO of Koppers Holdings Inc., reports the acquisition and disposal of common stock and dividend equivalent rights related to vested restricted stock units.
Summary
- On March 1, 2024, M Leroy Ball, CEO of Koppers Holdings Inc., reported transactions involving the company's common stock.
- Ball acquired 92 shares of common stock upon the release of dividend equivalent rights (DERs).
- He also surrendered 2,882 shares to the issuer to cover tax withholding related to the vesting of time-based restricted stock units (RSUs).
- Following these transactions, Ball directly owns 324,942.4007 shares of Koppers Holdings Inc. common stock and 917 dividend equivalent rights.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of key executives and their potential impact on the company's stock.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the CEO's holdings, but the overall effect is likely negligible.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of stock transactions (acquisition of shares via DERs and disposal of shares for tax withholding). |
| 03/03/2020 | Date of RSU grant connected to the released DERs. |
| 03/05/2024 | Date of signature for the Form 4 filing. |
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.