Form 4: Koppers Holdings Inc. Director Sonja Wilkerson Reports Acquisition of Dividend Equivalent Rights

Director Sonja Wilkerson reports acquiring dividend equivalent rights related to restricted stock units under the Koppers Holdings Inc. Director Deferred Compensation Plan.

Summary

• On September 16, 2024, Sonja Michelle Wilkerson, a director of Koppers Holdings Inc., reported the acquisition of 8.345 dividend equivalent rights (DERs).
• These DERs are associated with additional time-based restricted stock units (RSUs) credited to Wilkerson's account under the Koppers Holdings Inc. Director Deferred Compensation Plan.
• Each DER represents the economic equivalent of one share of Koppers Holdings Inc. common stock.
• The reporting person directly owns 79,216 shares of common stock.
• The RSUs corresponding to these DERs will become payable either as a lump sum or in annual installments commencing on May 31st following separation from service, as defined under the Plan.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing an insider transaction, with neutral sentiment.

Future Outlook

The RSUs corresponding to the DERs will become payable either as a lump sum or in annual installments commencing on May 31st following separation from service, as defined under the Plan.

Industry Context

This Form 4 filing is a routine disclosure related to insider transactions and compensation arrangements, which is standard practice for publicly traded companies.

Key Dates