4Filed Sep 14, 8:00 PM ET
Koppers (KOP) Director David L. Motley Receives Award
$KOP · Koppers Holdings Inc.Research Summary
AI-generated summary of this SEC filing
Koppers (KOP) Director David L. Motley Receives Award
What Happened
- David L. Motley, a director of Koppers Holdings Inc. (KOP), was granted 19.984 dividend-equivalent restricted stock units (DERs) on 2026-09-14. The award is reported as a derivative acquisition at $0.00 (transaction code A). No cash changed hands; the DERs represent the economic equivalent of 19.984 shares of Koppers common stock.
Key Details
- Transaction date: 2026-09-14; filing date: 2026-09-15 (timely filed).
- Amount: 19.984 DERs granted at $0.00 (derivative award).
- Shares owned after the transaction: not disclosed in the filing.
- Transaction code: A (award/grant); instrument: dividend equivalent rights tied to additional RSUs.
- Footnotes: F1 explains each DER equals one share economically; F2 explains these RSUs will be paid out per the director deferred compensation plan (lump sum or annual installments beginning the May 31 following separation or a later elected date).
Context
- DERs are not immediate stock — they are deferred compensation that will convert into RSUs/payments per the plan and do not involve a purchase or sale. Such grants are common for director compensation and do not, by themselves, indicate an intent to buy or sell stock.