Koppers (NYSE: KOP) director awarded new dividend equivalent rights
Rhea-AI Filing Summary
WILKERSON SONJA MICHELLE reported acquisition or exercise transactions in this Form 4 filing.
Koppers Holdings Inc. director Sonja Michelle Wilkerson received a grant of 30.347 Dividend Equivalent Rights tied to time-based restricted stock units under the company’s director deferred compensation plan. Each right is the economic equivalent of one share of Koppers common stock.
Following this compensation-related award, Wilkerson holds a total of 355.850 Dividend Equivalent Rights. The related restricted stock units will be paid in a lump sum or annual installments according to her prior deferral elections, generally beginning on the May 31 following her separation from service or a later elected May 31 date.
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Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
WILKERSON SONJA MICHELLE
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Rights | 30.347 | $0.00 | $0.00 |
Holdings After Transaction:
Dividend Equivalent Rights — 355.85 shares (Direct)
Footnotes (2)
- F1. The dividend equivalent rights ("DERs") accrued with respect to additional time-based restricted stock units ("RSUs") credited to the reporting person with respect to deferred compensation. Each DER is the economic equivalent of one share of Koppers Holdings Inc. common stock.
- F2. Once released, the RSUs corresponding to these DERs will become payable according to the election of payment designation that was filed by the reporting person subject to the Koppers Holdings Inc. Director Deferred Compensation Plan (the "Plan"). Such payment will be either lump sum or in annual installments commencing on the May 31st next following the reporting person's separation from service (as defined under the Plan) or, if later, and elected by the reporting person at the time he/she first elects to defer any payment under the Plan, May 31st of the year specified by the reporting person.
Key Figures
Dividend Equivalent Rights granted: 30.347 rights
Total Dividend Equivalent Rights after grant: 355.850 rights
Grant price per right: $0.0000
+1 more
4 metrics
Dividend Equivalent Rights granted
30.347 rights
Award dated June 15, 2026
Total Dividend Equivalent Rights after grant
355.850 rights
Holdings following transaction
Grant price per right
$0.0000
Non-cash compensation award
Underlying common stock equivalent
30.347 shares
Each right equals one Koppers common share economically
Key Terms
Dividend Equivalent Rights, restricted stock units, deferred compensation, Director Deferred Compensation Plan
4 terms
Dividend Equivalent Rights financial
"The dividend equivalent rights ("DERs") accrued with respect to additional time-based restricted stock units"
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
restricted stock units financial
"additional time-based restricted stock units ("RSUs") credited to the reporting person with respect to deferred compensation"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
deferred compensation financial
"RSUs credited to the reporting person with respect to deferred compensation"
Deferred compensation is pay that employees or executives have earned now but will receive at a later date, such as delayed bonuses, retirement benefits, or stock grants. It matters to investors because it creates future obligations and shapes incentives—like a promise to pay later that can affect a company’s reported profits, cash needs and potential stock dilution—so it helps signal how a business manages costs and retains key people.
Director Deferred Compensation Plan financial
"subject to the Koppers Holdings Inc. Director Deferred Compensation Plan (the "Plan")"
FAQ
What insider transaction did Koppers (KOP) report for Sonja Michelle Wilkerson?
Koppers reported that director Sonja Michelle Wilkerson received 30.347 Dividend Equivalent Rights, a form of stock-based compensation. Each right equals one Koppers common share economically, increasing her total Dividend Equivalent Rights holdings to 355.850 after this award.
What are Dividend Equivalent Rights in the Koppers (KOP) Form 4 filing?
Dividend Equivalent Rights are compensation instruments that mirror the value of Koppers common stock dividends. In this filing, each right is the economic equivalent of one share, accruing on time-based restricted stock units credited under the director deferred compensation arrangement.
How many Dividend Equivalent Rights does the Koppers (KOP) director hold after the grant?
After the grant, director Sonja Michelle Wilkerson holds 355.850 Dividend Equivalent Rights. This total includes the newly awarded 30.347 rights that accrued on additional time-based restricted stock units tied to her deferred compensation under the company’s director plan.
When will the restricted stock units linked to these Koppers (KOP) Dividend Equivalent Rights be paid?
The restricted stock units tied to these Dividend Equivalent Rights will be paid based on Wilkerson’s prior elections, either in a lump sum or annual installments, starting on the May 31 following her separation from service or a later May 31 date she previously selected.
AI-generated analysis. How Rhea-AI works. Not financial advice.
