Disclosed in a recent SEC filing on March 6, Dowd, VP at Koppers Hldgs (NYSE:KOP), made a noteworthy transaction involving the exercise of company stock options.
What Happened: A notable Form 4 filing on Wednesday with the U.S. Securities and Exchange Commission revealed that Dowd, VP at Koppers Hldgs, exercised stock options for 3,488 shares of KOP, resulting in a transaction value of $63,724.
Koppers Hldgs shares are currently trading up by 0.13%, with a current price of $53.19 as of Thursday morning. This brings the total value of Dowd's 3,488 shares to $63,724.
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 ...