Koppers CEO exercises options, adjusts share holdings

Koppers Holdings Inc. CEO M. Leroy Ball reported option-related transactions in company stock.

Rhea-AI Filing Summary

Koppers Holdings Inc. CEO M. Leroy Ball reported option-related transactions in company stock. He exercised employee stock options covering 30,728 shares, converting them into the same number of common shares at an exercise price of $18.11 per share. A related entry shows the underlying option award, which carried a zero dollar exercise cost in the derivative record.

To cover the exercise price or tax obligations, he disposed of 22,282 shares of common stock in a tax-withholding transaction at $35.06 per share. After these transactions, his directly held common stock position was reported as 427,544.4007 shares. The stock options referenced in the footnote vested in annual installments of 25 percent over four years.

Insider Trade Summary

30,728 shares exercised/converted

Exercise 3 txns

Insider BALL M LEROY

Role CEO

Type	Security	Shares	Price	Value
Exercise	Employee Stock Options (Rights to Buy)	30,728	$0.00	$0.00
Exercise	Common Stock	30,728	$18.11	$556K
Exercise Price or Tax Liability	Common Stock	22,282	$35.06	$781K

Holdings After Transaction: Employee Stock Options (Rights to Buy) — 0 contracts (Direct); Common Stock — 427,544.4007 shares (Direct)

Footnotes (1)

1. F1. Stock options vested in annual installments of 25 percent over 4 years.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider activity did Koppers (KOP) CEO M. Leroy Ball report?

Koppers CEO M. Leroy Ball reported exercising stock options into 30,728 common shares and a related tax-withholding share disposition. These transactions adjust his equity mix between options and directly held stock while reflecting standard handling of exercise costs and tax obligations.

How many Koppers (KOP) shares did the CEO acquire through option exercise?

He acquired 30,728 Koppers common shares by exercising employee stock options. The filing lists these as a derivative exercise, converting options into stock at an exercise price of $18.11 per share, increasing his directly held common share position before the tax-withholding disposition.

What was the tax-withholding share disposition reported for Koppers (KOP) CEO?

The CEO reported a tax-withholding disposition of 22,282 Koppers common shares coded as an F transaction. This type of entry indicates shares were delivered to satisfy exercise price or tax liabilities, with the transaction priced at $35.06 per share in the filing.

What is M. Leroy Ball’s reported Koppers (KOP) share ownership after these transactions?

After the reported option exercise and tax-withholding disposition, M. Leroy Ball’s directly held Koppers common stock position was 427,544.4007 shares. This figure reflects his updated ownership following the derivative conversion and the shares delivered for associated obligations.

How did the Koppers (KOP) CEO’s stock options vest according to the filing?

The filing notes that the relevant stock options vested in annual installments of 25 percent over four years. This means the award became exercisable gradually, with one-quarter of the options vesting each year across the four-year vesting schedule described in the footnote.

Were the Koppers (KOP) CEO’s transactions open-market buys or sells?

The transactions were not reported as open-market trades. They involved exercising employee stock options into common shares and an F-coded tax-withholding disposition, which represents delivery of shares for exercise costs or tax liabilities rather than discretionary market buying or selling.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 02/19/2026 - 04:18 PM EST Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

BALL M LEROY

(Last) (First) (Middle)

436 SEVENTH AVENUE

(Street)

PITTSBURGH PA 15219

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Koppers Holdings Inc. [ KOP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CEO

3. Date of Earliest Transaction (Month/Day/Year)
02/18/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/18/2026		M		30,728	A	$18.11	449,826.4007	D
Common Stock	02/18/2026		F		22,282	D	$35.06	427,544.4007	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Options (Rights to Buy)	$18.11	02/18/2026		M			30,728	03/01/2017(1)	03/01/2026	Common Stock	30,728	$0	0	D

Explanation of Responses:

1. Stock options vested in annual installments of 25 percent over 4 years.

Remarks:

	/s/ Stephanie L. Apostolou, Attorney in Fact	02/19/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.