Form 4: Koppers Holdings Inc. Executive James A. Sullivan Reports Stock Transactions
SEC Form 4 Filing
James A. Sullivan, President and COO of Koppers Holdings Inc., reports the exercise of employee stock options and subsequent sale of shares on March 4, 2024.
Summary
- On March 4, 2024, James A. Sullivan, President and COO of Koppers Holdings Inc., engaged in multiple transactions involving Koppers common stock.
- Sullivan exercised employee stock options to acquire a total of 700 shares at prices ranging from $19.63 to $44.1.
- Simultaneously, Sullivan sold 700 shares at a price of $54.01 per share.
- Following these transactions, Sullivan directly owns 111,191.738 shares of Koppers common stock.
- Sullivan also holds derivative securities, specifically employee stock options, for a total of 49,281 shares.
Sentiment
Score: 5
Explanation: This is a neutral reporting of stock transactions. It doesn't inherently indicate positive or negative sentiment.
Industry Context
Executive stock transactions are a common occurrence in publicly traded companies and are often related to compensation packages. The transactions themselves don't necessarily indicate a positive or negative outlook for the company.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the number of shares outstanding, but the effect is likely negligible.
Key Dates
| Date | Description |
|---|---|
| 03/03/2018 | Date of initial grant for some of the employee stock options exercised. |
| 03/02/2019 | Date of initial grant for some of the employee stock options exercised. |
| 03/03/2021 | Date of initial grant for some of the employee stock options exercised. |
| 01/04/2022 | Date of initial grant for some of the employee stock options exercised. |
| 01/04/2023 | Date of initial grant for some of the employee stock options exercised. |
| 03/04/2024 | Date of the stock option exercise and sale transactions. |
| 03/06/2024 | Date of the Form 4 filing. |
| 03/03/2027 | Expiration date for some of the employee stock options. |
| 03/02/2028 | Expiration date for some of the employee stock options. |
| 03/03/2030 | Expiration date for some of the employee stock options. |
| 01/04/2031 | Expiration date for some of the employee stock options. |
| 01/04/2032 | Expiration date for some of the employee stock options. |
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.