Form 4: Koppers Holdings Inc. Executive Pearce Bradley A. Reports Changes in Beneficial Ownership

Chief Accounting Officer Pearce Bradley A. reports transactions involving Koppers Holdings Inc. common stock, including the acquisition of shares through dividend equivalent rights and the disposal of shares for tax withholding.

Summary

• On March 1, 2024, Pearce Bradley A., Chief Accounting Officer of Koppers Holdings Inc., reported changes in beneficial ownership of the company's common stock.
• He acquired 22 shares of common stock through the release of dividend equivalent rights (DERs) at a price of $0.00 per share.
• He also disposed of 664 shares to cover tax withholding obligations related to the vesting of time-based restricted stock units (RSUs) at a price of $52.97 per share.
• Following these transactions, Pearce Bradley A. directly owns 29,466 shares of Koppers Holdings Inc. common stock.
• He also owns 80 dividend equivalent rights.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions by an officer. It doesn't inherently convey positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock. It reflects standard compensation practices involving RSUs and dividend equivalent rights.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they primarily reflect internal compensation adjustments and tax obligations.

Key Dates