Form 4: Koppers Holdings Inc. Executive Joseph P. Dowd Sells 1,300 Shares

Sentiment:

SEC Form 4 Filing


VP, Zero Harm of Koppers Holdings Inc., Joseph P. Dowd, sold 1,300 shares of common stock at an average price of $52.32 on March 6, 2024.

Summary

  • On March 6, 2024, Joseph P. Dowd, VP, Zero Harm at Koppers Holdings Inc., sold 1,300 shares of the company's common stock.
  • The shares were sold at a weighted average price of $52.32.
  • The price range for the sales was between $52.12 and $52.54.
  • Following the transaction, Dowd directly owns 21,772 shares of Koppers Holdings Inc.

Sentiment

Score: 5

Explanation: This is a neutral event. An executive selling shares doesn't necessarily indicate a positive or negative outlook for the company. It could be for personal financial reasons.

Industry Context

This is a standard Form 4 filing, indicating a change in beneficial ownership by a company insider. Such filings are common and provide transparency into the trading activities of company executives.

Stakeholder Impact

  • The sale of shares by an executive could be perceived negatively by some shareholders, although it is a relatively small transaction.

Key Dates

DateDescription
03/06/2024Date of the stock sale transaction
03/07/2024Date of signature for the Form 4 filing

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.