Posadas Laura J 4

What Happened

• Laura J. Posadas, a director of Koppers Holdings Inc. (KOP), was credited with an award on 2026-03-23 equal to 11 dividend-equivalent rights (DERs) tied to time‑based restricted stock units (RSUs). The award was recorded as an acquisition (code A) of 11 derivative shares at $0.00 (no cash paid; reported value $0).

Key Details

• Transaction date: 2026-03-23; Form 4 filed: 2026-03-25 (timely filing).
• Transaction type/code: Award/other acquisition (A); derivative/security is a dividend-equivalent right (DER).
• Shares credited: 11 DERs (economic equivalent of 11 common shares).
• Price: $0.00 per share; total reported cash value $0.
• Shares owned after transaction: Not provided in the supplied filing details.
• Footnote: The DERs accrued with respect to additional time-based RSUs credited related to RSUs originally granted on November 5, 2025.

Context

• DERs are a derivative/compensation instrument that track the economic value of shares (often settle in stock or cash when vested) and are not an open-market purchase or sale. Small director compensation awards like this are routine and do not by themselves indicate insider buying or selling sentiment.