KOP - Insider Decision: LEROY BALL Exercises Options At Koppers Hldgs For $123K | Benzinga
On May 29, it was revealed in an SEC filing that LEROY BALL, CEO at Koppers Hldgs (NYSE:KOP) executed a significant exercise of company stock options.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Wednesday showed that BALL, CEO at Koppers Hldgs, a company in the Materials sector, just exercised stock options worth 5,000 shares of KOP stock with an exercise price of $17.57.
The latest update on Thursday morning shows Koppers Hldgs shares down by 0.0%, trading at $42.27. At this price, BALL's 5,000 shares are worth $123,500.
All You Need to Know About Koppers Hldgs
Koppers Holdings, through its subsidiaries, manufactures and sells wood products, wood treatment chemicals, and carbon compounds used in markets such as railroad, aluminum and steel, agriculture, utilities, and residential lumber. The company is organized into three business segments: railroad and utility products and services, performance chemicals, and carbon materials and chemicals. Its product portfolio includes treated and untreated wood products like crossties used in railroads, wood preservation chemicals, and carbon compounds such as creosote used in the treatment of wood crossties, among others. The majority of its revenue comes from the company's railroad and utility products and services segment, and more than half of the company's revenue is ...