Koppers director awarded dividend equivalent rights
MOTLEY DAVID L reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
MOTLEY DAVID L reported acquisition or exercise transactions in this Form 4 filing.
Koppers Holdings Inc. director David L. Motley reported routine compensation-related awards of dividend equivalent rights tied to his director equity. He received 50.0000 and 25.3500 dividend equivalent rights, each economically equal to one share of common stock and linked to time-based and deferred RSUs. Following these awards, he holds 325.5010 dividend equivalent rights. Future payments will follow his elections under the company’s Director Deferred Compensation Plan, generally beginning after his separation from service.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Rights | 50 | $0.00 | $0.00 |
| Grant/Award | Dividend Equivalent Rights | 25.35 | $0.00 | $0.00 |
Footnotes (3)
- 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 RSUs granted on May 8, 2025. Each DER is the economic equivalent of one share of Koppers Holdings Inc. common stock.
- F2. The DERs accrued with respect to additional 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.
- F3. 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.
FAQ
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What insider transaction did Koppers (KOP) director David L. Motley report?
What are dividend equivalent rights in the Koppers (KOP) Form 4 filing?
How many dividend equivalent rights does the Koppers (KOP) director hold after this transaction?
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When will Koppers (KOP) director David L. Motley receive payment for these RSUs and DERs?
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