Form 4: Koppers Holdings Inc. Executive Stephanie L. Apostolou Reports Stock Transactions
SEC Form 4 Filing
Stephanie L. Apostolou, General Counsel & Secretary of Koppers Holdings Inc., reports the acquisition and disposal of common stock and dividend equivalent rights related to vesting restricted stock units.
Summary
- On March 1, 2024, Stephanie L. Apostolou, General Counsel & Secretary of Koppers Holdings Inc., reported transactions involving Koppers Holdings Inc. common stock.
- Apostolou acquired 26 shares of common stock upon the release of dividend equivalent rights (DERs) at a price of $0.00.
- She also surrendered 788 shares to the issuer at $52.97 per share to cover tax withholding related to the vesting of time-based restricted stock units (RSUs).
- Following these transactions, Apostolou directly owns 33,539 shares of Koppers Holdings Inc. common stock and 130 dividend equivalent rights.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by an executive, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor the actions of key personnel.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine equity compensation adjustments for a company executive.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of stock transactions: acquisition of shares from DERs and disposal of shares for tax withholding. |
| 03/03/2020 | Date of RSU grant connected to the released DERs. |
| 03/05/2024 | Date of signature for the Form 4 filing. |
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