Form 4: Koppers Holdings Inc. Director Sonja Wilkerson Reports Stock Transactions

Director Sonja Wilkerson reports acquisition of common stock and dividend equivalent rights, along with the grant of restricted stock units.

Summary

• On May 2, 2024, Sonja Wilkerson, a director of Koppers Holdings Inc., reported transactions involving the company's stock.
• Wilkerson acquired 20 shares of common stock upon the release of dividend equivalent rights (DERs).
• She also acquired 2,079 restricted stock units (RSUs) which represent the right to receive shares of common stock on a one-for-one basis.
• The DERs were released in connection with the vesting of time-based restricted stock units granted on May 4, 2023.
• The RSUs become payable according to the election of payment designation that was filed by the reporting person subject to the Koppers Holdings Inc. Director Deferred Compensation Plan.
• Following these transactions, Wilkerson beneficially owns 20,749 shares of common stock and 6,405 derivative securities.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock transactions by a company director, with no inherent positive or negative sentiment.

Future Outlook

The RSUs become payable according to the election of payment designation that was filed by the reporting person subject to the Koppers Holdings Inc. Director Deferred Compensation Plan.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is a common practice for publicly traded companies.

Stakeholder Impact

• The transactions reported may have a minor impact on shareholders due to the change in ownership, but it is unlikely to be significant.

Key Dates