Form 4: Koppers Holdings Director Stephen R. Tritch Reports Acquisition of Common Stock Through Dividend Equivalent Rights

Sentiment:

SEC Form 4 Filing


Director Stephen R. Tritch acquired 17 shares of Koppers Holdings Inc. common stock through the release of dividend equivalent rights.

Summary

  • On May 2, 2025, Stephen R. Tritch, a director of Koppers Holdings Inc., acquired 17 shares of common stock.
  • The acquisition was a result of the release of dividend equivalent rights (DERs) associated with previously granted restricted stock units (RSUs).
  • The DERs were released in connection with the vesting of RSUs granted on May 2, 2024.
  • Each DER is equivalent to one share of Koppers Holdings Inc. common stock.
  • Following the transaction, Tritch directly owns 47,754 shares of Koppers Holdings Inc. common stock.

Sentiment

Score: 5

Explanation: This is a routine filing related to executive compensation and doesn't indicate any significant positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

  • The transaction has a negligible impact on shareholders as it involves a small number of shares.

Key Dates

DateDescription
05/02/2024Date of RSU grant that led to the released DERs.
05/02/2025Date of transaction: Acquisition of common stock through release of dividend equivalent rights.
05/06/2025Date of signature on the Form 4 filing.

Keywords

Koppers Holdings Inc., Stephen R. Tritch, Form 4, Dividend Equivalent Rights, DERs, RSUs, Beneficial Ownership, Director, Stock Acquisition

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