Koppers director awarded new common shares
Koppers Holdings Inc. director Laura J. Posadas reported equity-based compensation and a small related share acquisition.
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Form Type
4
Rhea-AI Filing Summary
Koppers Holdings Inc. director Laura J. Posadas reported equity-based compensation and a small related share acquisition. She received a grant of 3,280 shares of common stock at no cost, bringing one reported direct holding to 5,531 shares. She also acquired 11 additional common shares through the exercise of dividend equivalent rights tied to previously granted restricted stock units, with that holding reported at 2,251 shares after the transaction. All activity reflects awards and derivative exercises rather than open-market buying or selling.
Insider Trade Summary
11 shares exercised/converted
Exercise
3 txns
Insider
Posadas Laura J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Dividend Equivalent Rights | 11 | $0.00 | $0.00 |
| Exercise | Common Stock | 11 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 3,280 | $0.00 | $0.00 |
Holdings After Transaction:
Dividend Equivalent Rights — 0 contracts (Direct);
Common Stock — 5,531 shares (Direct)
Footnotes (3)
- F1. Represents shares acquired upon release of dividend equivalent rights ("DERs"), as reported in Table II, on a one-for-one basis.
- F2. The reporting person was awarded time-based restricted stock units ("RSUs").
- F3. These DERs were released in connection with the vesting of RSUs granted on November 5, 2025. Each DER is the economic equivalent of one share of Koppers Holdings Inc. common stock.
Key Figures
Common shares awarded: 3,280 shares
Shares after main award: 5,531 shares
DERs exercised: 11 rights
+3 more
6 metrics
Common shares awarded
3,280 shares
Grant of common stock on 2026-05-07
Shares after main award
5,531 shares
Direct common stock holding following 3,280-share award
DERs exercised
11 rights
Dividend Equivalent Rights converted into common stock
Common shares from DERs
11 shares
Underlying common stock received upon DER exercise
Shares after DER-related acquisition
2,251 shares
Reported direct holding following 11-share acquisition
Exercise transactions
1 transaction, 11 shares
Derivative exercise/conversion activity summary
Key Terms
Dividend Equivalent Rights, DERs, restricted stock units ("RSUs"), time-based restricted stock units, +1 more
5 terms
Dividend Equivalent Rights financial
"Represents shares acquired upon release of dividend equivalent rights ("DERs"), as reported in Table II, on a one-for-one basis."
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.
DERs financial
"These DERs were released in connection with the vesting of RSUs granted on November 5, 2025."
restricted stock units ("RSUs") financial
"The reporting person was awarded time-based restricted stock units ("RSUs")."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
time-based restricted stock units financial
"The reporting person was awarded time-based restricted stock units ("RSUs")."
Time-based restricted stock units are a form of employee compensation where individuals are granted company shares that are earned over a set period, often as a reward for staying with the company. These shares typically become fully owned and transferable only after passing specific time milestones, encouraging long-term commitment. For investors, they highlight a company's focus on employee retention and can influence future stock supply and company stability.
economic equivalent financial
"Each DER is the economic equivalent of one share of Koppers Holdings Inc. common stock."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Koppers (KOP) director Laura Posadas report?
Laura J. Posadas reported equity compensation transactions, not open-market trades. She received 3,280 common shares as an award and 11 additional shares from exercising dividend equivalent rights linked to restricted stock units, increasing her direct holdings in Koppers common stock.
What are dividend equivalent rights (DERs) in the Koppers (KOP) filing?
Dividend equivalent rights are derivatives that mirror common stock dividends. In this case, 11 DERs, each economically equivalent to one Koppers common share, were released and converted into 11 common shares when related restricted stock units vested.
What role do restricted stock units (RSUs) play in this Koppers (KOP) Form 4?
Time-based restricted stock units are the underlying awards. The director was granted RSUs, and associated DERs were released when RSUs granted on November 5, 2025 vested, resulting in additional common shares being issued without an open-market purchase.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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