Form 4: Koppers Holdings Inc. Executive Stephen G. Lucas Reports Dividend Equivalent Rights Acquisition
SEC Form 4 Filing
Stephen G. Lucas, SVP of Culture and Engagement at Koppers Holdings Inc., reports the acquisition of dividend equivalent rights related to previously granted restricted stock units.
Summary
- On March 24, 2025, Stephen G. Lucas, SVP of Culture and Engagement at Koppers Holdings Inc., reported acquiring 18 dividend equivalent rights (DERs).
- These DERs accrued with respect to additional time-based restricted stock units (RSUs) credited to Lucas related to RSUs granted on April 11, 2022.
- Each DER is the economic equivalent of one share of Koppers Holdings Inc. common stock.
- Following the transaction, Lucas directly owns 205 derivative securities.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, indicating a neutral sentiment. It simply reports a transaction related to executive compensation.
Industry Context
This filing is a routine disclosure of insider transactions, required by the SEC to ensure transparency and prevent insider trading. It provides insight into executive compensation and ownership structure within Koppers Holdings Inc.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it relates to executive compensation and does not significantly alter the company's financial position.
Key Dates
| Date | Description |
|---|---|
| April 11, 2022 | Date of the original grant of restricted stock units (RSUs) to which the dividend equivalent rights (DERs) relate. |
| March 24, 2025 | Date of the transaction: acquisition of 18 dividend equivalent rights. |
| March 26, 2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Dividend Equivalent Rights, Restricted Stock Units, Koppers Holdings Inc., Insider Trading, Beneficial Ownership, Stephen G. Lucas
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