MADDEN TERESA S 4

What Happened

• Teresa S. Madden, a director of Cooper Companies (COO), reported derivative transactions dated 2026-04-01. The filing shows she exercised/converted 3,322 derivative shares (transaction code M) and those 3,322 shares were also reported as disposed the same day. She also was granted/awarded 3,779 derivative units (transaction code A) at $0.00. All reported prices are $0.00 because these were option/executive award transactions, not open-market purchases or sales; the filing does not report market dollar values.

Key Details

• Transaction date: 2026-04-01; Filing date: 2026-04-06 (filed after the typical 2-business-day Form 4 deadline).
• Exercise/Conversion (M): 3,322 shares acquired at $0.00 and 3,322 shares disposed at $0.00 (same-day disposition recorded).
• Grant/Award (A): 3,779 units awarded at $0.00 (derivative/award).
• Footnote: Award has no expiration date; units will either vest or be forfeited.
• Shares owned after transaction: not specified in the Form 4.
• Filing timeliness: marked late (filed after the standard 2-business-day deadline); late filings delay public visibility but do not by themselves indicate wrongdoing.

Context

• For retail investors: exercises and awards reported with $0 often reflect option conversions, restricted stock/unit grants, or plan-based settlements rather than open-market buys/sells. The same-day acquisition and disposition of 3,322 shares suggests the exercised shares were immediately disposed per the filing, but the form does not state the mechanism (e.g., cashless exercise or broker sale). The 3,779 awarded units are derivative awards that will vest or be forfeited per the footnote and carry no listed expiration.