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

Sentiment:

SEC Form 4 Filing


Director Sonja Wilkerson reports acquiring dividend equivalent rights related to restricted stock units and deferred compensation.

Summary

  • On March 24, 2025, Sonja Wilkerson, a director of Koppers Holdings Inc., reported the acquisition of dividend equivalent rights (DERs) related to restricted stock units (RSUs) and deferred compensation.
  • She acquired 17 DERs related to RSUs granted on May 2, 2024, and 22.202 DERs related to deferred compensation.
  • Each DER is economically equivalent to one share of Koppers Holdings Inc. common stock.
  • The RSUs corresponding to these DERs will become payable either in a lump sum or in annual installments following her separation from service, according to her election under the Koppers Holdings Inc. Director Deferred Compensation Plan.
  • The report also includes 0.80 DERs that were inadvertently not previously reported.
  • Following the reported transactions, Wilkerson directly owns 145.834 DERs and 168.036 DERs.

Sentiment

Score: 5

Explanation: This is a neutral filing related to standard compensation practices. It doesn't indicate positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure related to insider transactions and is required by the SEC to ensure transparency in the market.

Key Dates

DateDescription
May 2, 2024Date of RSU grant related to some of the dividend equivalent rights.
03/24/2025Date of transaction: Acquisition of dividend equivalent rights.
03/26/2025Date of signature on the Form 4 filing.

Keywords

Dividend Equivalent Rights, Koppers Holdings Inc., Director, Form 4, RSUs, DERs, Deferred Compensation, Beneficial Ownership

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