Koppers (KOP) director David L. Motley adds RSUs and shares via awards
Rhea-AI Filing Summary
Koppers Holdings Inc. director David L. Motley reported routine equity compensation-related transactions. He acquired 50 shares of common stock through the exercise or conversion of derivative securities, bringing his directly held common stock to 22,044 shares.
Motley also received a grant of 3,280 Restricted Stock Units, each representing the right to receive one share of common stock on a one-for-one basis, increasing his RSU balance to 13,198 units. In addition, 50 Dividend Equivalent Rights tied to prior RSU awards were released and converted on a one-for-one basis into common stock, contributing to 275.501 Dividend Equivalent Rights-related units outstanding. All transactions were classified as acquisitions, with no open-market buys or sells.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Dividend Equivalent Rights | 50 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 3,280 | $0.00 | -- |
| Exercise | Common Stock | 50 | $0.00 | -- |
Footnotes (1)
- Represents shares acquired upon release of dividend equivalent rights ("DERs"), as reported in Table II, on a one-for-one basis. These DERs were released in connection with the vesting of Restricted Stock Units (" RSUs") granted on May 8, 2025. Each DER is the economic equivalent of one share of Koppers Holdings Inc. common stock. 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.