Form 4: Koppers Holdings Inc. Executive Bradley A. Pearce Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Bradley A. Pearce, Chief Accounting Officer of Koppers Holdings Inc., reports transactions involving common stock and restricted stock units, resulting in adjustments to his beneficial ownership.
Summary
- On January 3, 2025, Bradley A. Pearce, Chief Accounting Officer of Koppers Holdings Inc., reported changes in his beneficial ownership of the company's securities.
- These changes include the acquisition of 6,016 shares of common stock, the acquisition of 1,748 shares through the conversion of restricted stock units (RSUs), and the acquisition of 106 shares through dividend equivalent rights (DERs).
- Pearce also disposed of 3,152 shares to cover tax withholding related to the vesting of RSUs and performance share units (PSUs) at a price of $31.72 per share.
- Following these transactions, Pearce's direct ownership of common stock is 31,184 shares.
- He also holds 1,748 restricted stock units and 161 dividend equivalent rights.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the document simply reports transactions related to executive compensation.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but it is unlikely to be significant.
Key Dates
| Date | Description |
|---|---|
| 01/04/2021 | Date of grant of RSUs and PSUs |
| 01/04/2022 | Date of grant of PSUs |
| 01/04/2023 | Date of grant of RSUs and PSUs |
| 01/04/2024 | Date of grant of RSUs and PSUs |
| 01/03/2025 | Date of transactions: acquisition/disposal of shares, conversion of RSUs, release of DERs |
| 01/07/2025 | Date of signature for the Form 4 filing |
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