JENSEN TRACI L 4
4 · Koppers Holdings Inc. · Filed Mar 25, 2026
Research Summary
AI-generated summary of this filing
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.
Insider Transaction Report
- Award
Dividend Equivalent Rights
[F1]2026-03-23+50→ 50 total→ Common Stock (50 underlying)
Footnotes (1)
- [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.