Koppers director granted 13.52 dividend rights
Koppers Holdings Inc. (KOP) director Andrew D. Sandifer reported an acquisition of 13.5200 Dividend Equivalent Rights (DERs) on September 14, 2026, tied to deferred compensation restricted stock units (RSUs).
Rhea-AI Filing Summary
Koppers Holdings Inc. (KOP) director Andrew D. Sandifer reported an acquisition of 13.5200 Dividend Equivalent Rights (DERs) on September 14, 2026, tied to deferred compensation restricted stock units (RSUs). Following this grant, he holds 116.8310 DERs, each economically equivalent to one share of Koppers common stock.
The related RSUs will be paid in a lump sum or annual installments according to Sandifer’s prior elections under the Koppers Holdings Inc. Director Deferred Compensation Plan, generally commencing on the May 31 following his separation from service or a later elected May 31. No Rule 10b5-1 trading plan is reported.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Rights F1, F2 | 13.52 | $0.00 | $0.00 |
Footnotes (2)
- F1. The dividend equivalent rights ("DERs") accrued with respect to additional restricted stock units ("RSUs") credited to the reporting person with respect to deferred compensation. Each DER is the economic equivalent of one share of Koppers Holdings Inc. common stock.
- F2. Once released, the RSUs corresponding to these DERs will 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.
Key Figures
Key Terms
Dividend Equivalent Rights financial
restricted stock units financial
Director Deferred Compensation Plan financial
separation from service financial
FAQ
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What did KOP director Andrew D. Sandifer report in this Form 4?
What are Dividend Equivalent Rights in the KOP Form 4 filing?
How many DERs does Andrew D. Sandifer hold in KOP after this transaction?
When will the RSUs corresponding to these KOP DERs be paid?
Was this KOP Form 4 transaction made under a Rule 10b5-1 plan?
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