Koppers director gets 32.946 dividend rights
Director Xudong Feng received additional dividend equivalent rights tied to deferred compensation and now holds 444.837 such rights.
Rhea-AI Filing Summary
Koppers Holdings Inc. (KOP) reported that director Xudong Feng acquired 32.946 Dividend Equivalent Rights (DERs) on September 14, 2026, as a grant related to deferred compensation. Following this award, Feng holds 444.837 DERs, each economically equivalent to one share of Koppers Holdings Inc. common stock and tied to corresponding restricted stock units.
Positive
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Insider Trade Summary
Grant/Award: 32.946 shares
Grant/Award
1 txn
Insider
Feng Xudong
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Rights F1, F2 | 32.946 | $0.00 | $0.00 |
Holdings After Transaction:
Dividend Equivalent Rights — 444.837 contracts (Direct)
Footnotes (2)
- F1. The dividend equivalent rights ("DERs") accrued with respect to additional 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: 32.946 rights
Dividend Equivalent Rights held after transaction: 444.837 rights
Underlying common stock per DER: 1 share per right
+1 more
4 metrics
Dividend Equivalent Rights granted
32.946 rights
Grant to director Xudong Feng on September 14, 2026
Dividend Equivalent Rights held after transaction
444.837 rights
Total DERs held by Xudong Feng following the grant
Underlying common stock per DER
1 share per right
Each DER is the economic equivalent of one Koppers Holdings Inc. common share
DERs underlying shares in this grant
32.946 shares
Underlying Koppers Holdings Inc. common stock corresponding to the new DERs
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"
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
"accrued with respect to additional restricted stock units ("RSUs") credited"
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"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Koppers Holdings Inc. (KOP) disclose for Xudong Feng?
Koppers Holdings Inc. reported that director Xudong Feng received a grant of 32.946 Dividend Equivalent Rights (DERs) on September 14, 2026, as part of deferred compensation linked to restricted stock units.
How many Dividend Equivalent Rights does Xudong Feng hold in KOP after this transaction?
After the September 14, 2026 award, Xudong Feng holds a total of 444.837 Dividend Equivalent Rights, each economically equivalent to one share of Koppers Holdings Inc. common stock and tied to corresponding restricted stock units.
What are Dividend Equivalent Rights in the context of KOP?
Dividend Equivalent Rights (DERs) accrue with respect to additional restricted stock units credited to the reporting person for deferred compensation. Each DER is described as the economic equivalent of one share of Koppers Holdings Inc. common stock.
Are the DERs granted to Xudong Feng immediately payable in KOP common stock?
No. Once released, the restricted stock units corresponding to these DERs will become payable according to the payment election on file under the Koppers Holdings Inc. Director Deferred Compensation Plan, either as a lump sum or annual installments.
Was this KOP insider transaction made under a Rule 10b5-1 trading plan?
No. The disclosure indicates that no Rule 10b5-1 trading plan is reported for this transaction, and the grant reflects compensation-related accruals of dividend equivalent rights.
AI-generated analysis. How Rhea-AI works. Not financial advice.