Koppers (NYSE: KOP) director receives 3,280 restricted stock units, now holds 10,137
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sandifer Andrew D reported acquisition or exercise transactions in this Form 4 filing.
Koppers Holdings Inc. director Andrew D. Sandifer reported receiving a grant of 3,280 Restricted Stock Units (RSUs), each representing the right to receive one share of common stock on a one-for-one basis. Following this award, he directly holds 10,137 RSUs tied to Koppers common stock.
The RSUs are governed by the Koppers Holdings Inc. Director Deferred Compensation Plan. They will be paid in either a lump sum or annual installments starting on May 31 following his separation from service, or on a later May 31 if he previously elected a different year under the plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sandifer Andrew D
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 3,280 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 10,137 shares (Direct, null)
Footnotes (1)
- Restricted Stock Units ("RSUs") represent the right to receive shares of common stock on a one-for-one basis. The RSUs 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
RSUs granted: 3,280 units
RSUs after grant: 10,137 units
RSU conversion ratio: 1 share per unit
3 metrics
RSUs granted
3,280 units
Restricted Stock Units granted on 2026-05-07
RSUs after grant
10,137 units
Total Restricted Stock Units held following transaction
RSU conversion ratio
1 share per unit
Each RSU represents the right to receive one share of common stock
Key Terms
Restricted Stock Units, Director Deferred Compensation Plan, separation from service
3 terms
Restricted Stock Units financial
"Restricted Stock Units ("RSUs") represent the right to receive shares of common stock on a one-for-one basis."
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.
Director Deferred Compensation Plan financial
"subject to the Koppers Holdings Inc. Director Deferred Compensation Plan (the "Plan")."
separation from service financial
"commencing on the May 31st next following the reporting person's separation from service (as defined under the Plan)"
FAQ
What insider transaction did Andrew D. Sandifer report for Koppers (KOP)?
Andrew D. Sandifer reported receiving a grant of 3,280 Restricted Stock Units in Koppers. These RSUs are derivative awards that convert into common stock on a one-for-one basis, rather than an open-market stock purchase or sale.
How many Koppers RSUs does Andrew D. Sandifer hold after this Form 4 filing?
After the reported transaction, Andrew D. Sandifer directly holds 10,137 Restricted Stock Units in Koppers. This total reflects his position in RSUs that are each linked to one share of Koppers common stock under the company’s compensation arrangements.
What do the Koppers Restricted Stock Units reported by Andrew D. Sandifer represent?
The Restricted Stock Units represent the right to receive Koppers common stock on a one-for-one basis. They are not shares today but promises of future stock delivery, subject to the terms of the company’s Director Deferred Compensation Plan and related elections.
When will Andrew D. Sandifer’s Koppers RSUs reported on this Form 4 be paid?
The RSUs will be paid in a lump sum or annual installments starting on the May 31 following his separation from service, or on May 31 of a later year that he elected. These timing rules come from the Koppers Director Deferred Compensation Plan.
Is the Koppers (KOP) Form 4 transaction an open-market trade?
No, the filing shows a grant or award acquisition of 3,280 Restricted Stock Units, coded as transaction type A. This reflects an equity-based award under company plans rather than an open-market purchase or sale of Koppers common stock.