Option exercise and tax-share withholding by Koppers (NYSE: KOP) CEO
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Koppers Holdings Inc. CEO Leroy M. Ball, who is also a director, reported option and stock transactions dated February 10, 2026. He exercised 30,000 employee stock options at an exercise price of $18.11 per share, receiving an equivalent number of common shares.
To cover the exercise price or related tax liability, 22,241 common shares were disposed of in a transaction coded "F" at $33.20 per share. Following these transactions, Ball directly beneficially owned 419,098.4007 shares of Koppers common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
30,000 shares exercised/converted
Mixed
3 txns
Insider
BALL M LEROY
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Emplooyee Stoock Options (Rights to Buy) | 30,000 | $0.00 | -- |
| Exercise | Common Stock | 30,000 | $18.11 | $543K |
| Tax Withholding | Common Stock | 22,241 | $33.20 | $738K |
Holdings After Transaction:
Emplooyee Stoock Options (Rights to Buy) — 30,728 shares (Direct);
Common Stock — 441,339.401 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Koppers (KOP) CEO report on February 10, 2026?
Koppers CEO Leroy M. Ball exercised 30,000 employee stock options on February 10, 2026, at an exercise price of $18.11 per share. This option exercise converted derivative securities into common stock as part of his equity compensation arrangements with the company.
What type of derivative security did the Koppers (KOP) CEO exercise?
The CEO exercised employee stock options described as "Employee Stock Options (Rights to Buy)" with an exercise price of $18.11 per share. These options were originally granted on March 1, 2017 and vested in annual 25 percent installments over four years.
Is the Koppers (KOP) CEO’s Form 4 transaction a market purchase or sale?
The filing shows an option exercise and a tax-related share disposition, not a standard market trade. The 30,000 options were exercised (code "M"), and 22,241 shares were used to satisfy the exercise price or tax obligations (code "F"), rather than an open-market sale.