Cooper Companies (NYSE: COO) discloses officer PSU and RSU grants
Rhea-AI Filing Summary
Cooper Companies reported that officer Holly R. Sheffield, President of CSI, received new equity awards on 12/09/2025. The grants consist of 7,960 Performance Stock Units and 15,921 Restricted Stock Units, each with an exercise price of $0.00 and each linked to an equivalent number of shares of common stock. Following these grants, 7,960 PSUs and 15,921 RSUs are beneficially owned directly.
The PSUs will vest based on The Cooper Companies, Inc. total shareholder return performance relative to an index over a three-year performance period ending October 31, 2028, with between 0% and 200% of the target number eligible to vest and no shares vesting if minimum performance is not achieved. The RSUs vest 25% per year over four years on January 8 of each year beginning on January 8, 2026, and any units that do not vest will be forfeited.
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FAQ
What equity awards did Cooper Companies (COO) grant on December 9, 2025?
On 12/09/2025, Cooper Companies granted officer Holly R. Sheffield 7,960 Performance Stock Units and 15,921 Restricted Stock Units, each tied to common stock and carrying a $0.00 exercise price.
How many Performance Stock Units were granted to the Cooper Companies (COO) officer?
The officer received 7,960 Performance Stock Units (PSUs), each corresponding to one share of Cooper Companies common stock, with a stated exercise price of $0.00.
What are the vesting conditions for Cooper Companies (COO) Performance Stock Units?
The PSUs vest based on Total Shareholder Return (TSR) relative to an index over a three-year performance period ending October 31, 2028. Between 0% and 200% of the target PSUs may vest, and no shares vest if minimum TSR performance is not achieved. They settle after certification of performance results.
How do the Cooper Companies (COO) Restricted Stock Units vest?
The Restricted Stock Units (RSUs) vest 25% per year over four years on a January 8 vest date, beginning on January 8, 2026. The award has no expiration date; RSUs will either vest according to this schedule or be forfeited.
What is the exercise price of the Cooper Companies (COO) stock unit awards?
Both the Performance Stock Units and the Restricted Stock Units were granted with an exercise or conversion price of $0.00 per unit, as shown in the derivative securities table.
When does the performance period for Cooper Companies (COO) PSUs end?
The performance period for the Performance Stock Units runs for three years and ends on October 31, 2028, after which performance results are certified and PSUs that have vested will settle.