Form 4: Koppers Holdings Inc. Executive Joseph P. Dowd Sells Shares
SEC Form 4 Filing
VP, Zero Harm of Koppers Holdings Inc., Joseph P. Dowd, sold 6,000 shares of common stock on May 17, 2024.
Summary
- On May 17, 2024, Joseph P. Dowd, VP, Zero Harm at Koppers Holdings Inc., sold 5,900 shares of common stock at a weighted average price of $44.45.
- An additional 100 shares were sold at $45.21.
- Following these transactions, Dowd directly owns 15,792 shares of Koppers Holdings Inc.
- This includes 20 shares acquired through the Employee Stock Purchase Plan on March 28, 2024.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction. The sentiment is neutral as it simply reports the sale of shares.
Industry Context
Executive stock sales are a common occurrence and are often scrutinized by investors for insights into a company's prospects. However, without additional context, it's difficult to determine the specific reasons behind the sale.
Stakeholder Impact
- The sale of shares by an executive could be perceived negatively by some shareholders, potentially leading to minor price fluctuations.
Key Dates
| Date | Description |
|---|---|
| 03/28/2024 | Acquisition of 20 shares through the Employee Stock Purchase Plan |
| 05/17/2024 | Sale of 5,900 shares of common stock at a weighted average price of $44.45 |
| 05/17/2024 | Sale of 100 shares of common stock at $45.21 |
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