Form 4: Koppers Holdings Director Traci L. Jensen Reports Stock Acquisition Through Dividend Equivalent Rights
SEC Form 4 Filing
Director Traci L. Jensen acquired 17 shares of Koppers Holdings Inc. common stock through the release of dividend equivalent rights on May 2, 2025.
Summary
- On May 2, 2025, Traci L. Jensen, 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).
- Each DER is equivalent to one share of Koppers Holdings Inc. common stock.
- Following the transaction, Jensen directly owns 27,231.104 shares of Koppers Holdings Inc. common stock.
Sentiment
Score: 5
Explanation: This is a neutral report on a routine transaction. It doesn't indicate positive or negative sentiment about the company's performance.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and provides transparency to the market regarding the holdings of company directors.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it involves a small number of shares.
Key Dates
| Date | Description |
|---|---|
| 05/02/2024 | Date of RSU grant linked to the released dividend equivalent rights. |
| 05/02/2025 | Date of transaction: Acquisition of 17 shares through release of dividend equivalent rights. |
| 05/06/2025 | Date of signature on the Form 4 filing. |
Keywords
Koppers Holdings Inc., Director, Stock Acquisition, Dividend Equivalent Rights, RSUs, Form 4, Beneficial Ownership
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