Koppers Holdings Inc. (NYSE: KOP) director reports new DER credits
Rhea-AI Filing Summary
A director of Koppers Holdings Inc. reported an acquisition of 28.344 dividend equivalent rights on derivative securities on 12/16/2025 at a price of $0. Each dividend equivalent right is the economic equivalent of one share of Koppers common stock, and the director now beneficially owns 250.153 derivative securities directly.
The dividend equivalent rights accrued on additional time-based restricted stock units credited as deferred compensation under the Koppers Holdings Inc. Director Deferred Compensation Plan. Once released, the restricted stock units corresponding to these rights will be paid either as a lump sum or in annual installments beginning on May 31 following the director’s separation from service, or on May 31 of a later year chosen in the director’s prior payment election.
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FAQ
What insider transaction did Koppers Holdings Inc. (KOP) report in this filing?
A director of Koppers Holdings Inc. reported being credited with 28.344 dividend equivalent rights on 12/16/2025 at a price of $0, increasing the number of derivative securities beneficially owned directly to 250.153.
What are dividend equivalent rights in this Koppers Holdings Inc. (KOP) filing?
The filing states that the dividend equivalent rights ("DERs") accrued with respect to additional time-based restricted stock units credited as deferred compensation, and that each DER is the economic equivalent of one share of Koppers Holdings Inc. common stock.
How will the RSUs related to these dividend equivalent rights be paid to the KOP director?
The restricted stock units corresponding to these dividend equivalent rights will be paid according to the director’s election under the Koppers Holdings Inc. Director Deferred Compensation Plan, either in a lump sum or in annual installments starting on May 31 following the director’s separation from service, or on May 31 of a later year specified in the director’s deferral election.
What is the director’s total derivative position after this Koppers Holdings Inc. transaction?
After the reported transaction, the director beneficially owns 250.153 derivative securities, held in direct ownership, as shown in the derivative securities table.
Which compensation plan governs these dividend equivalent rights and RSUs at Koppers Holdings Inc. (KOP)?
The dividend equivalent rights and related restricted stock units are governed by the Koppers Holdings Inc. Director Deferred Compensation Plan, which determines the timing and form of payments based on the director’s prior elections.