Koppers Holdings (NYSE: KOP) director awarded dividend equivalent rights
Rhea-AI Filing Summary
Koppers Holdings Inc. reported that one of its directors acquired 28.343 dividend equivalent rights on 12/16/2025. These derivative securities relate to additional time-based restricted stock units credited as deferred compensation, and each right is the economic equivalent of one share of Koppers common stock.
After this accrual, the director beneficially owns 250.151 dividend equivalent rights, held directly. Under the company’s Director Deferred Compensation Plan, the restricted stock units associated with these rights will be paid in either a lump sum or annual installments according to the director’s prior payment elections after separation from service or on a specified May 31 date.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Rights | 28.343 | $0.00 | -- |
Footnotes (1)
- 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. 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
What insider transaction was reported for Koppers Holdings (KOP)?
A Koppers Holdings director reported acquiring 28.343 dividend equivalent rights on 12/16/2025, linked to deferred time-based restricted stock units.
How many dividend equivalent rights does the Koppers Holdings director now hold?
Following the reported transaction, the director beneficially owns 250.151 dividend equivalent rights, held directly.
What are dividend equivalent rights in this Koppers Holdings filing?
The filing states that each dividend equivalent right (DER) is the economic equivalent of one share of Koppers Holdings Inc. common stock.
Does this Koppers Holdings insider report indicate the director is a 10% owner?
No. The relationship section identifies the reporting person as a Director, with the 10% owner box not marked.
Did the Koppers Holdings director pay a price for these dividend equivalent rights?
In the derivative securities table, the price of the dividend equivalent rights is listed as $0, indicating they accrued without a cash payment.