Sandifer Andrew D 4
4 · Koppers Holdings Inc. · Filed May 11, 2026
Research Summary
AI-generated summary of this filing
Koppers (KOP) Director Andrew Sandifer Receives 3,280 RSUs
What Happened
Andrew D. Sandifer, a director of Koppers Holdings, was granted 3,280 restricted stock units (RSUs) on May 7, 2026. The reported acquisition price is $0.00 (transaction code A — award/grant). These RSUs are derivative awards that represent the right to receive one share of Koppers common stock per RSU; no immediate cash purchase or sale occurred.
Key Details
- Transaction date: 2026-05-07; Grant of 3,280 RSUs at $0.00 (derivative award, code A).
- Filing date / timeliness: Form 4 filed 2026-05-11 — appears to be timely (within two business days).
- Shares owned after transaction: Not specified in this filing.
- Footnotes:
- F1: RSUs convert to one share of common stock each when settled.
- F2: Payment of the RSUs will follow the reporting person’s election under the Koppers Director Deferred Compensation Plan — either lump sum or annual installments beginning the May 31 after separation from service or a year elected by the director.
- No indication of a 10b5-1 plan, tax-withholding sale, or immediate sale of underlying shares.
Context
RSU grants to directors are common as non-cash compensation and do not necessarily signal a personal buy/sell decision. Because these are deferred RSUs, they convert to shares according to the director’s election or upon separation, so there is no immediate change in trading exposure until settlement. The monetary value realized will depend on Koppers’ stock price at the time the RSUs are paid out.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-05-07+3,280→ 10,137 total→ Common Stock (3,280 underlying)
Footnotes (2)
- [F1]Restricted Stock Units ("RSUs") represent the right to receive shares of common stock on a one-for-one basis.
- [F2]The RSUs 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.