CooperCompanies (COO) CFO corrected grant of 41,563 stock options
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
CooperCompanies executive Brian G. Andrews, EVP, CFO & Treasurer, reported an amended stock option award. The filing corrects the number of shares issuable under a previously reported option grant to 41,563 shares of common stock at an exercise price of $99.08 per share.
The options were granted on 12/10/2024, are held directly, and expire on 12/10/2034. They vest at 25% per year over four years starting on the grant date, reflecting time-based equity compensation rather than an open-market stock purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Andrews Brian G
Role
EVP, CFO & Treasurer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options (Right to Buy) | 41,563 | $0.00 | -- |
Holdings After Transaction:
Stock Options (Right to Buy) — 41,563 shares (Direct)
Footnotes (1)
- This Form 4/A is being filed solely to correct the number of shares issuable upon exercise of the stock option previously reported. No other changes have been made to the original Form 4. 25%/year over 4 years beginning on the grant date.
FAQ
What insider transaction did CooperCompanies (COO) report for Brian G. Andrews?
CooperCompanies reported that EVP, CFO & Treasurer Brian G. Andrews received a stock option grant covering 41,563 shares of common stock. The options were issued on 12/10/2024 as equity compensation, not as an open-market stock purchase or sale.
Why was this Form 4/A amendment filed for CooperCompanies (COO)?
The Form 4/A was filed solely to correct the number of shares issuable upon exercise of a previously reported stock option. The amendment states that no other changes were made to the original insider transaction disclosure.
What are the key terms of Brian G. Andrews’ stock options at CooperCompanies (COO)?
The stock options give Brian G. Andrews the right to buy 41,563 shares of common stock at an exercise price of $99.08 per share. They were granted on 12/10/2024 and expire on 12/10/2034, with no upfront option price reported.
How do the CooperCompanies (COO) options for Brian G. Andrews vest over time?
The options vest in four equal installments, with 25% vesting each year over four years beginning on the 12/10/2024 grant date. This time-based vesting schedule aligns the executive’s equity benefits with continued service at the company.
Is the CooperCompanies (COO) Form 4/A transaction a stock sale by Brian G. Andrews?
No, the Form 4/A reflects a stock option grant to Brian G. Andrews, not a sale of shares. It reports the right to buy shares in the future at $99.08 per share, subject to vesting, rather than an immediate market trade.
How many derivative securities does Brian G. Andrews now hold at CooperCompanies (COO)?
After the corrected reporting, Brian G. Andrews beneficially owns 41,563 stock options directly. Each option is a right to acquire one share of CooperCompanies common stock at an exercise price of $99.08 before the 12/10/2034 expiration date.