Form 4: Koppers Holdings Director Vartanian Acquires Shares Through Dividend Equivalent Rights
SEC Form 4
Director Nishan J. Vartanian acquired 17 shares of Koppers Holdings Inc. common stock on May 2, 2025, through the release of dividend equivalent rights.
Summary
- On May 2, 2025, Nishan J. Vartanian, 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) 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, Vartanian directly owns 2,556 shares of Koppers Holdings Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing an insider transaction, which is neutral in sentiment.
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 stakeholders as it involves a small number of shares acquired by a director through existing compensation plans.
Key Dates
| Date | Description |
|---|---|
| 05/02/2024 | Date of RSU grant linked to the released DERs |
| 05/02/2025 | Date of transaction: Acquisition of 17 shares through DER release |
| 05/06/2025 | Date of Form 4 filing |
Keywords
Koppers Holdings Inc., Nishan J. Vartanian, Director, Common Stock, Dividend Equivalent Rights, DERs, RSUs, Beneficial Ownership, Form 4
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.