Koppers (KOP) director receives grant of dividend equivalent rights
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Posadas Laura J reported acquisition or exercise transactions in this Form 4 filing.
Director Laura J. Posadas of Koppers Holdings Inc. received an award of 11 dividend equivalent rights tied to company common stock. These rights were granted at a price of $0.0000 per right and are treated as derivative securities.
The dividend equivalent rights accrued on additional time-based restricted stock units associated with RSUs originally granted on November 5, 2025. Each right is the economic equivalent of one share of Koppers common stock, bringing Posadas’s total reported holdings of these rights to 11 following the transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Posadas Laura J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Rights | 11 | $0.00 | -- |
Holdings After Transaction:
Dividend Equivalent Rights — 11 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did Koppers (KOP) disclose for Laura J. Posadas?
Koppers reported that director Laura J. Posadas received an award of 11 dividend equivalent rights. These rights are derivative securities linked to Koppers common stock and were granted at $0.0000 per right as part of her equity-based compensation.
What are the dividend equivalent rights granted to the KOP director?
The filing shows 11 dividend equivalent rights were granted, each economically equivalent to one share of Koppers Holdings Inc. common stock. They are tied to time-based restricted stock units and mirror the value of underlying shares for compensation purposes.
How many dividend equivalent rights does Laura J. Posadas hold after this Form 4?
After this transaction, director Laura J. Posadas holds a total of 11 dividend equivalent rights. The Form 4 indicates these rights accrued on additional time-based restricted stock units related to RSUs that were originally granted on November 5, 2025.
How are the dividend equivalent rights for Koppers (KOP) structured?
Each dividend equivalent right is described as the economic equivalent of one share of Koppers common stock. They accrue with respect to additional time-based restricted stock units, aligning director compensation with the performance of the company’s equity over time.
What is the relationship between the DERs and the November 5, 2025 RSU grant at Koppers?
The dividend equivalent rights accrued on additional time-based restricted stock units credited to the reporting person, which relate to RSUs originally granted on November 5, 2025. This links the new rights directly to that earlier long-term equity award.