MOTLEY DAVID L 4
4 · Koppers Holdings Inc. · Filed Mar 25, 2026
Research Summary
AI-generated summary of this filing
Koppers (KOP) Director David L. Motley Receives Award
What Happened
- David L. Motley, a director of Koppers Holdings Inc. (KOP), was credited with derivative awards on March 23, 2026: 50.00 DERs and 25.35 DERs (total 75.35). Each dividend equivalent right (DER) is the economic equivalent of one share of Koppers common stock. The awards show a reported acquisition price of $0.00 (these are grant/award derivative credits, not open-market purchases).
Key Details
- Transaction date: 2026-03-23; filing date: 2026-03-25 (appears timely).
- Reported amounts: 50.00 DERs (footnote F1) and 25.35 DERs (footnote F2), total 75.35 DERs; reported price $0.00 (award/credit).
- Nature of instruments: DERs accrued with respect to additional time-based RSUs and deferred compensation RSUs; each DER equals one share economically (F1, F2).
- Payment/vesting: Once released, RSUs corresponding to these DERs will be payable per the Koppers Director Deferred Compensation Plan — either lump sum or annual installments beginning the May 31 following separation (or a later elected year) (F3).
- Shares owned after transaction: not specified in the provided excerpt.
Context
- These are awards/derivative credits tied to RSUs and dividend equivalents, not an open-market purchase or sale—typical compensation/deferral activity rather than an immediate market sentiment signal.
- The reported $0.00 price reflects that these were granted/credited DERs; actual future value will depend on Koppers’ stock price when/if the RSUs are released and paid.
Insider Transaction Report
Form 4
MOTLEY DAVID L
Director
Transactions
- Award
Dividend Equivalent Rights
[F1]2026-03-23+50→ 300.151 total→ Common Stock (50 underlying) - Award
Dividend Equivalent Rights
[F2][F3]2026-03-23+25.35→ 325.501 total→ Common Stock (25.35 underlying)
Footnotes (3)
- [F1]The dividend equivalent rights ("DERs") accrued with respect to additional time-based restricted stock units ("RSUs") credited to the reporting person with respect to RSUs granted on May 8, 2025. Each DER is the economic equivalent of one share of Koppers Holdings Inc. common stock.
- [F2]The DERs accrued with respect to additional 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.
- [F3]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.
Signature
/s/ Stephanie L. Apostolou, Attorney in Fact|2026-03-25