Koppers CEO sells 2,659 shares at $42.55
Koppers Holdings Inc. CEO and director M. Leroy Ball reported an open-market sale of 2,659 shares of common stock at $42.55 per share.
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Form Type
4
Rhea-AI Filing Summary
Koppers Holdings Inc. CEO and director M. Leroy Ball reported an open-market sale of 2,659 shares of common stock at $42.55 per share. After this transaction, he directly holds about 444,096.4007 shares. This total includes 496 shares acquired through the company’s Employee Stock Purchase Plan on March 31, 2026.
Insider Trade Summary
Net Seller: 2,659 shares
Net Sell
1 txn
Insider
BALL M LEROY
Role
CEO
Sold
2,659 shs ($113K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,659 | $42.55 | $113K |
Holdings After Transaction:
Common Stock — 444,096.4007 shares (Direct)
Footnotes (1)
- F1. Includes 496 shares of Koppers Holdings Inc. common stock acquired pursuant to the Koppers Holdings Inc. Employee Stock Purchase Plan on March 31, 2026. These acquisitions were exempt under both Rule 16b-3(c) and Rule 16b-3(d).
Key Figures
Shares sold: 2,659 shares
Sale price: $42.55/share
Shares held after transaction: 444,096.4007 shares
+1 more
4 metrics
Shares sold
2,659 shares
Open-market sale of common stock
Sale price
$42.55/share
Price per share for the reported sale
Shares held after transaction
444,096.4007 shares
Direct holdings post-transaction
ESPP shares included
496 shares
Acquired via Employee Stock Purchase Plan on March 31, 2026
Key Terms
Form 4, open-market sale, Employee Stock Purchase Plan, Rule 16b-3(c), +1 more
5 terms
Form 4 regulatory
"according to the Form 4 filing"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
open-market sale financial
"reported an open-market sale of 2,659 shares of common stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Employee Stock Purchase Plan financial
"acquired through the company’s Employee Stock Purchase Plan on March 31, 2026"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
Rule 16b-3(c) regulatory
"These acquisitions were exempt under both Rule 16b-3(c) and Rule 16b-3(d)."
An SEC rule that lets corporate insiders avoid automatic "short‑swing" profit recovery when they buy or sell their company’s stock under a pre‑approved, written plan that meets specific conditions. For investors, it matters because it clarifies when insider trades are treated as routine, reducing legal uncertainty and helping distinguish trades made for ordinary compensation or pre‑planned reasons from those that might signal opportunistic or timely insider advantage.
Rule 16b-3(d) regulatory
"These acquisitions were exempt under both Rule 16b-3(c) and Rule 16b-3(d)."
Rule 16b-3(d) is a narrow SEC safe-harbor that shields company insiders (officers, directors and large shareholders) from liability for short‑swing profits when their buys or sells of company stock are made under a pre-established, written plan or contract that removes the insider’s ability to time trades. For investors, this matters because it permits predictable, automated insider transactions — like scheduled sales for diversification or payroll withholding — without triggering forced disgorgement, so such planned trades are treated differently from opportunistic insider trading.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Koppers (KOP) CEO M. Leroy Ball report?
Koppers CEO M. Leroy Ball reported selling 2,659 shares of common stock in an open-market transaction. The shares were sold at a price of $42.55 per share, according to the Form 4 filing.
Was the Koppers (KOP) CEO’s transaction a purchase or sale?
The transaction was a sale of Koppers common stock. The Form 4 shows a transaction code “S,” which indicates an open-market or private sale of 2,659 shares at $42.55 per share.
What does the footnote about the Koppers (KOP) Employee Stock Purchase Plan mean?
The footnote explains that 496 of the CEO’s shares were acquired under the Koppers Employee Stock Purchase Plan on March 31, 2026. These acquisitions were exempt under SEC Rules 16b-3(c) and 16b-3(d).
Does this Koppers (KOP) Form 4 involve any stock options or derivatives?
This Form 4 only reports a non-derivative transaction in common stock. The derivative summary is empty, indicating no option exercises, warrant conversions, or other derivative transactions in this specific filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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