KOP - Options Exercise Update At Koppers Hldgs: James Sullivan Engages | Benzinga
Highlighted on March 6, it was unveiled in an SEC filing that Sullivan, President and COO at Koppers Hldgs (NYSE:KOP), executed a significant transaction involving the exercise of company stock options.
What Happened: Disclosed in a Form 4 filing on Wednesday with the U.S. Securities and Exchange Commission, Sullivan, President and COO at Koppers Hldgs, executed a strategic derivative sale. This involved exercising stock options for 700 shares of KOP, resulting in a transaction value of $15,550.
Koppers Hldgs shares are trading, exhibiting up of 0.13% and priced at $53.19 during Thursday's morning. This values Sullivan's 700 shares at $15,550.
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 earned ...