KOP - Options Exercise: LEROY BALL At Koppers Hldgs Realizes $395K | Benzinga
A significant insider transaction involving the exercise of company stock options was reported on March 6, by LEROY BALL, CEO at Koppers Hldgs (NYSE:KOP), as per the latest SEC filing.
What Happened: Disclosed in a Form 4 filing on Wednesday with the U.S. Securities and Exchange Commission, BALL, CEO at Koppers Hldgs, executed a strategic derivative sale. This involved exercising stock options for 11,103 shares of KOP, resulting in a transaction value of $395,488.
Koppers Hldgs shares are trading up 0.13% at $53.19 at the time of this writing on Thursday morning. Since the current price is $53.19, this makes BALL's 11,103 shares worth $395,488.
Discovering Koppers Hldgs: A Closer Look
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 ...