Koppers director awarded 3,280 RSUs, exercises DERs
Koppers Holdings Inc. director Nishan J. Vartanian reported equity-based compensation transactions in company stock.
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Form Type
4
Rhea-AI Filing Summary
Koppers Holdings Inc. director Nishan J. Vartanian reported equity-based compensation transactions in company stock. He received 3,280 shares of Common Stock at no cost as a time-based restricted stock unit award, increasing his direct holdings to 10,664 shares. He also exercised 50 Dividend Equivalent Rights, which converted into 50 shares of Common Stock and reduced his remaining derivative position on these rights to zero. These actions reflect grants and derivative exercises rather than open-market buying or selling.
Insider Trade Summary
50 shares exercised/converted
Exercise
3 txns
Insider
Vartanian Nishan J.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Dividend Equivalent Rights | 50 | $0.00 | $0.00 |
| Exercise | Common Stock | 50 | $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 — 10,664 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 May 8, 2025. Each DER is the economic equivalent of one share of Koppers Holdings Inc. common stock.
Key Figures
RSU-based share award: 3,280 shares
Dividend Equivalent Rights exercised: 50 rights / 50 shares
Shares held after RSU grant: 10,664 shares
+2 more
5 metrics
RSU-based share award
3,280 shares
Common Stock grant at $0.0000 per share on May 7, 2026
Dividend Equivalent Rights exercised
50 rights / 50 shares
DERs converted into Common Stock on May 7, 2026
Shares held after RSU grant
10,664 shares
Total direct Common Stock holdings following RSU-related acquisition
Shares held after DER exercise entry
7,384 shares
Total shown in one non-derivative table line following exercise
Exercise price of DERs
$0.0000 per right
Conversion or exercise price for 50 Dividend Equivalent Rights
Key Terms
Dividend Equivalent Rights, restricted stock units ("RSUs"), time-based RSUs, derivative exercise/conversion, +1 more
5 terms
Dividend Equivalent Rights financial
"security_title: "Dividend Equivalent Rights""
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 ("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 RSUs financial
"The reporting person was awarded time-based restricted stock units ("RSUs")."
derivative exercise/conversion financial
"transaction_action: "derivative exercise/conversion""
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Koppers (KOP) director Nishan Vartanian report?
Nishan Vartanian reported equity awards and a derivative exercise, not open-market trades. He received 3,280 shares of common stock via time-based RSUs and converted 50 Dividend Equivalent Rights into 50 common shares, reflecting routine compensation-related activity.
Were Nishan Vartanian’s Koppers (KOP) transactions open-market buys or sells?
The transactions were not open-market buys or sells. They consist of a grant of 3,280 shares as time-based restricted stock units and the exercise of 50 Dividend Equivalent Rights into common shares, both recorded at a zero transaction price per share.
What are Dividend Equivalent Rights in the Koppers (KOP) Form 4 filing?
Dividend Equivalent Rights are derivative awards that mirror dividends on underlying shares. In this filing, 50 such rights were released and converted one-for-one into 50 Koppers common shares in connection with the vesting of previously granted restricted stock units.
What do the restricted stock units (RSUs) in Koppers (KOP) Form 4 represent?
The restricted stock units represent time-based equity compensation. The filing notes that Nishan Vartanian was awarded time-based RSUs, resulting in 3,280 common shares being credited at no purchase price, aligning his compensation with Koppers’ stock performance over time.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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