Form 4: Koppers Holdings Inc. Executive Stephen G. Lucas Reports Acquisition of Dividend Equivalent Rights

Stephen G. Lucas, VP of Culture and Engagement at Koppers Holdings Inc., reports the acquisition of 98 dividend equivalent rights related to restricted stock units and performance-based stock units.

Summary

• On December 16, 2024, Stephen G. Lucas, VP of Culture and Engagement at Koppers Holdings Inc., reported acquiring 98 dividend equivalent rights (DERs).
• These DERs are associated with time-based restricted stock units (RSUs) and performance-based stock units (PSUs).
• 88 DERs accrued from RSUs granted on April 11, 2022, January 4, 2023, and January 4, 2024.
• 10 DERs accrued from PSUs granted on January 4, 2023.
• Each DER is economically equivalent to one share of Koppers Holdings Inc. common stock.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of an insider transaction. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the compensation structure and equity ownership of company executives.

Stakeholder Impact

• The acquisition of dividend equivalent rights by a company executive may be of interest to shareholders as it reflects part of the executive's compensation package and alignment with shareholder interests.

Key Dates