Form 4: Koppers Holdings Inc.: General Counsel Reports Acquisition of Dividend Equivalent Rights

Stephanie L. Apostolou, General Counsel & Secretary of Koppers Holdings Inc., reports the acquisition of 115 Dividend Equivalent Rights related to restricted stock units.

Summary

• On December 16, 2024, Stephanie L. Apostolou, General Counsel & Secretary of Koppers Holdings Inc., acquired 115 Dividend Equivalent Rights (DERs).
• These DERs are associated with time-based and performance-based restricted stock units (RSUs and PSUs).
• 73 DERs accrued with respect to RSUs granted on January 4, 2021, January 4, 2022, January 4, 2023, and January 4, 2024.
• 42 DERs accrued with respect to PSUs granted on January 4, 2022 and January 4, 2023.
• Each DER is equivalent to one share of Koppers Holdings Inc. common stock.
• Following the transaction, Ms. Apostolou directly owns 245 Dividend Equivalent Rights.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing and does not inherently convey positive or negative sentiment. It simply reports a transaction.

Positives

• The acquisition of dividend equivalent rights suggests continued alignment of the General Counsel's interests with those of the shareholders.

Industry Context

Form 4 filings are a routine part of regulatory compliance for publicly traded companies, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it involves the acquisition of dividend equivalent rights by a company insider.

Key Dates