Koppers Holdings Inc.·4

Mar 25, 4:11 PM ET

JENSEN TRACI L 4

Research Summary

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Koppers Director Traci Jensen Receives 50 Dividend-Equivalent Awards

What Happened
Traci L. Jensen, a director of Koppers Holdings, received an award of 50 dividend-equivalent rights (DERs) on March 23, 2026. The Form 4 reports an acquisition (code A) of 50 derivative units at $0.00 per unit (total reported value $0). These DERs accrued with respect to time‑based restricted stock units (RSUs) originally granted May 8, 2025.

Key Details

  • Transaction date: 2026-03-23; Form 4 filed: 2026-03-25.
  • Transaction type/code: Award of derivative securities (A); 50 DERs; reported price $0.00; total reported value $0.
  • Shares owned after transaction: Not specified in the information provided.
  • Footnote: DERs accrued with respect to additional time‑based RSUs credited to the reporting person for RSUs granted May 8, 2025; each DER is the economic equivalent of one share of Koppers common stock.
  • Timeliness: Filing appears timely (no late-filing indicator reported).

Context
DERs are dividend-equivalent rights tied to RSUs that represent the economic equivalent of shares (they typically reflect dividend value and are paid per the company plan). This was a compensation-related derivative award rather than an open-market purchase or sale and does not by itself signal insider buying or selling intent.