Form 4: Koppers Holdings Director Nishan J. Vartanian Reports Stock Award and Disposal

Director Nishan J. Vartanian of Koppers Holdings Inc. reports acquisition of restricted stock units and disposal of common stock on May 2, 2024.

Summary

• On May 2, 2024, Nishan J. Vartanian, a director of Koppers Holdings Inc., acquired 2,079 shares of common stock through the awarding of time-based restricted stock units (RSUs).
• On the same day, Vartanian disposed of 2,539 shares of common stock.
• Following these transactions, Vartanian beneficially owns 2,539 shares of Koppers Holdings Inc.

Sentiment

Score: 5

Explanation: Neutral sentiment as the document simply reports transactions without providing additional context.

Positives

• The acquisition of restricted stock units suggests confidence in the company's future performance.

Negatives

• The disposal of 2,539 shares could be interpreted negatively, although the reason for disposal is not specified.

Risks

• The document does not provide enough context to fully assess the implications of these transactions.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders.

Stakeholder Impact

• Shareholders may be interested in the trading activity of company insiders as an indicator of company performance.

Key Dates