MOTLEY DAVID L 4

What Happened David L. Motley, a director of Koppers Holdings, reported derivative/award activity on May 7, 2026. The filing shows: (1) conversion/exercise of 50 derivative units acquired at $0.00 and a simultaneous disposition of 50 derivative units at $0.00, and (2) the acquisition of 3,280 shares at $0.00 reported as a grant/award (derivative). The filing reports $0.00 per share (no cash purchase price shown).

Key Details

• Transaction date(s): May 7, 2026; Form 4 filed May 11, 2026 (timely).
• Reported entries: 50 shares (M) acquired @ $0.00; 50 shares (M) disposed @ $0.00; 3,280 shares (A) acquired @ $0.00.
• Shares owned after the transaction: not disclosed in the provided summary filing.
• Relevant footnotes: F1–F4 state the 3,280 shares represent shares acquired upon release of dividend equivalent rights (DERs) tied to RSUs granted May 8, 2025; each DER equals one share; RSUs convert to one-for-one shares and payout timing is governed by the Koppers Director Deferred Compensation Plan.
• No indication in the filing that this was a 10b5-1 plan or a late filing.

Context The primary item is an award/settlement related to previously granted RSUs and associated dividend-equivalent rights (a common non-cash compensation and vesting event for directors). The 50-share conversion/disposition is reported as derivative activity (no cash amounts shown); the filing does not state the reason for the disposition (e.g., sale, tax withholding). Such awards are routine compensation-related transactions and are informational rather than direct trading signals.