Form 4: Koppers Holdings VP Kevin Washington Reports Routine Stock Transactions

Koppers Holdings Inc. VP of External Relations, Kevin Washington, reported the acquisition of shares from dividend equivalent rights and the disposition of shares for tax withholding related to restricted stock unit vesting.

Summary

• Kevin Washington, VP of External Relations at Koppers Holdings Inc. (KOP), filed a Form 4 detailing recent stock transactions.
• On June 13, 2025, Mr. Washington acquired 33 shares of Common Stock at a price of $0, representing shares obtained from the release of dividend equivalent rights (DERs).
• These DERs were released in connection with the vesting of Restricted Stock Units (RSUs) granted on June 13, 2022.
• Concurrently, on June 13, 2025, Mr. Washington disposed of 818 shares of Common Stock at a price of $31.91 per share.
• This disposition was for the purpose of surrendering shares to the issuer as payment for tax withholding obligations related to the vesting of time-based RSUs.
• Following these transactions, Mr. Washington's direct beneficial ownership of Koppers Holdings Inc. Common Stock stands at 7,951 shares.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the document reports routine insider transactions related to equity compensation vesting and tax withholding, which are standard occurrences and do not indicate significant positive or negative operational or financial developments for the company.

Positives

• The acquisition of 33 shares indicates the vesting of previously granted equity awards (DERs), which is a routine part of executive compensation.
• The transaction reflects the continued alignment of management's interests with shareholders through equity ownership.

Negatives

• The disposition of 818 shares, while for tax withholding purposes, reduces the direct beneficial ownership of the reporting person.

Future Outlook

The document does not provide any forward-looking statements or guidance.

Industry Context

This Form 4 filing is a routine disclosure of an insider stock transaction, common across all publicly traded companies. It reflects standard executive compensation practices involving equity awards and their associated tax implications upon vesting.

Stakeholder Impact

• Shareholders: The transaction is a routine insider filing and is unlikely to have a significant direct impact on shareholders. It provides transparency into executive equity ownership and compensation practices.
• Employees: No direct impact on general employees is indicated by this filing.
• Management: The transaction reflects the vesting of equity compensation for a key executive, aligning their interests with company performance.

Key Dates

Keywords

Koppers Holdings Inc., KOP, Form 4, Insider Transaction, Stock Vesting, Restricted Stock Units, RSU, Dividend Equivalent Rights, DERs, Executive Compensation, Tax Withholding, Kevin Washington