Koppers Holdings Inc.
US ˙ NYSE ˙ US50060P1066

Introduction

This page provides a comprehensive analysis of the known insider trading history of Bradley A Pearce. Insiders are officers, directors, or significant investors in a company. It is illegal for insiders to make trades in their companies based on specific, non-public information. This does not mean it is illegal for them to make any trades in their own companies. However, they must report all trades to the SEC via a Form 4. Despite these restrictions, academic research suggests that insiders - in general - tend to outperform the market in their own companies.

Average Trade Profitability

The average trade profitability is the average return of all the open market purchases made by the insider in the last three years. To calculate this, we examine every open-market, unplanned purchase made by the insider, excluding all trades that were marked as part of a 10b5-1 trading plan. We then calculate the average performance of those trades over 3, 6, and 12 months, averaging each of those durations to generate a final performance metric for each trade. Finally, we average all of the performance metrics to calculate a performance metric for the insider. This list only includes insiders that have made at least three trades in the last two years.

If this insiders trade profitability is "N/A", then the insider either has not made any open-market purchases in the last three years, or the trades they’ve made are too recent to calculate a reliable performance metric.

Update Frequency: Daily

See the list of most profitable insider traders.

Companies with Reported Insider Positions

The SEC filings indicate Bradley A Pearce has reported holdings or trades in the following companies:

Security Title Latest Reported Holdings
US:KOP / Koppers Holdings Inc. Chief Accounting Officer 31,184
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Bradley A Pearce. Non-planned trade are trades that were not made as part of a 10b5-1 trading plan. The stock performance is charted as cumulative percent change in share price. For example, if an insider trade was made on January 1, 2019, the chart will show the daily percent change of the security to the present day. If the share price were to go from $10 to $15 during this time, the cumulative percent change in share price would be 50%. A change in price from $10 to $20 would be 100%, and a change in price of $10 to $5 would be -50%.

Ultimately, we are trying to determine how closely the insider’s trades correlate to excess returns (positive or negative) in the share price in order to see if the insider is timing their trades to profit from insider information. Consider the situation where an insider was doing this. In this situation, we would expect either (a) positive returns after purchases, or (b) negative returns after sales. In the case of (a), the PURCHASE chart would show a series of upwardly sloping curves, indicating positive returns after each purchase transaction. In the case of (b), the SALE chart would show a series of downward sloping curves, indicating negative returns after each sale transaction.

However, this alone is not enough to draw conclusions. If, for example, the share price of the company was in a non-cyclical climb over many years, then we would expect all the post-purchase plots to be upwardly sloping. Likewise, non-cyclical declines over many years would result in downward sloping post-trade plots. Neither of these charts would suggest insider trading activity.

The strongest indicator would be a situation where the share price was extremely cyclical, and there were both positive signals in the PURCHASE chart and negative plots on the SALE chart. This situation would be highly suggestive of an insider that was timing trades to their financial advantage.

Insider Purchases KOP / Koppers Holdings Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in KOP / Koppers Holdings Inc.. This analysis helps to understand if the insider consistently generates abnormal returns, and is worth following. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market purchases that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares
Reported
Price
Adjusted
Shares
Adjusted
Price
Cost Basis Days to
Max
Price at
Max
Max
Profit ($)
Max Return (%)
There are no known unplanned open-market trades for this insider and security combination

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

KOP / Koppers Holdings Inc. Insider Trades
Insider Sales KOP / Koppers Holdings Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in KOP / Koppers Holdings Inc.. A consistent pattern of loss avoidance may suggest that future sale transactions may predict declines in price. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market sales that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares
Reported
Price
Adjusted
Shares
Adjusted
Price
Cost Basis Days to
Min
Price at
Min
Max Loss
Avoided ($)
Max Loss
Avoided (%)
2024-11-12 KOP Pearce Bradley A 3,000 37.1900 3,000 37.1900 111,570 147 23.5000 -41,070 -36.81
2023-12-20 KOP Pearce Bradley A 1,000 49.8240 1,000 49.8240 49,824
2023-08-07 KOP Pearce Bradley A 2,998 38.4500 2,998 38.4500 115,273
2022-03-18 KOP Pearce Bradley A 1,000 29.4600 1,000 29.4600 29,460
2020-08-07 KOP Pearce Bradley A 1,000 25.5000 1,000 25.5000 25,500
2019-06-04 KOP Pearce Bradley A 1,000 27.7500 1,000 27.7500 27,750

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

KOP / Koppers Holdings Inc. Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by Bradley A Pearce as disclosed to the Securities Exchange Commission (SEC).

File Date Tran Date Form Ticker Security Code 10b5-1 Shares Remaining Shares Percent
Change
Share
Price
Tran
Value
Remaining
Value
2025-01-07 2025-01-03 4 KOP Koppers Holdings Inc.
Common Stock
F - Taxes -3,152 31,184 -9.18 31.72 -99,981 989,156
2025-01-07 2025-01-03 4 KOP Koppers Holdings Inc.
Common Stock
M - Exercise 106 34,336 0.31
2025-01-07 2025-01-03 4 KOP Koppers Holdings Inc.
Common Stock
M - Exercise 1,748 34,230 5.38
2025-01-07 2025-01-03 4 KOP Koppers Holdings Inc.
Common Stock
A - Award 6,016 32,482 22.73
2024-11-13 2024-11-12 4 KOP Koppers Holdings Inc.
Common Stock
S - Sale -3,000 26,466 -10.18 37.19 -111,570 984,271
2024-03-05 2024-03-01 4 KOP Koppers Holdings Inc.
Common Stock
F - Taxes -664 29,466 -2.20 52.97 -35,172 1,560,814
2024-03-05 2024-03-01 4 KOP Koppers Holdings Inc.
Common Stock
M - Exercise 22 30,130 0.07
2024-01-08 2024-01-05 4 KOP Koppers Holdings Inc.
Common Stock
F - Taxes -2,592 30,108 -7.93 47.32 -122,653 1,424,711
2024-01-08 2024-01-05 4 KOP Koppers Holdings Inc.
Common Stock
M - Exercise 62 32,700 0.19
2024-01-08 2024-01-05 4 KOP Koppers Holdings Inc.
Common Stock
M - Exercise 1,618 32,638 5.22
2024-01-08 2024-01-04 4 KOP Koppers Holdings Inc.
Common Stock
A - Award 2,892 31,020 10.28
2023-12-20 2023-12-20 4 KOP Koppers Holdings Inc.
Common Stock
S - Sale -1,000 28,128 -3.43 49.82 -49,824 1,401,449
2023-08-09 2023-08-07 4 KOP Koppers Holdings Inc.
Common Stock
S - Sale -2,998 29,128 -9.33 38.45 -115,273 1,119,972
2023-03-07 2023-03-06 4 KOP Koppers Holdings Inc.
Common Stock
F - Taxes -315 32,126 -0.97 35.46 -11,170 1,139,188
2023-03-07 2023-03-06 4 KOP Koppers Holdings Inc.
Common Stock
M - Exercise 6 32,441 0.02
2023-03-07 2023-03-03 4 KOP Koppers Holdings Inc.
Common Stock
F - Taxes -688 32,435 -2.08 37.55 -25,834 1,217,934
2023-03-07 2023-03-03 4 KOP Koppers Holdings Inc.
Common Stock
M - Exercise 12 33,123 0.04
2023-01-09 2023-01-05 4 KOP Koppers Holdings Inc.
Common Stock
F - Taxes -1,133 33,112 -3.31 28.58 -32,381 946,333
2023-01-09 2023-01-05 4 KOP Koppers Holdings Inc.
Common Stock
M - Exercise 18 34,245 0.05
2023-01-05 2023-01-04 4 KOP Koppers Holdings Inc.
Common Stock
A - Award 4,488 34,193 15.11
2022-03-21 2022-03-18 4 KOP Koppers Holdings Inc.
Common Stock
S - Sale -1,000 29,632 -3.26 29.46 -29,460 872,950
2022-03-08 2022-03-04 4 KOP Koppers Holdings Inc.
Restricted Stock Units
M - Exercise -2,228 0 -100.00
2022-03-08 2022-03-04 4 KOP Koppers Holdings Inc.
Common Stock
F - Taxes -1,262 30,632 -3.96 28.18 -35,563 863,201
2022-03-08 2022-03-04 4 KOP Koppers Holdings Inc.
Common Stock
M - Exercise 2,228 31,894 7.51
2022-03-07 2022-03-03 4 KOP Koppers Holdings Inc.
Common Stock
F - Taxes -701 29,666 -2.31 28.96 -20,301 859,119
2022-03-04 2022-03-02 4 KOP Koppers Holdings Inc.
Common Stock
F - Taxes -115 30,367 -0.38 28.49 -3,276 865,147
2022-02-17 2022-01-05 4/A KOP Koppers Holdings Inc.
Restricted Stock Units
A - Award 477 477
2022-02-17 2022-01-05 4/A KOP Koppers Holdings Inc.
Restricted Stock Units
A - Award 602 2,228 37.02
2022-01-07 2022-01-05 4 KOP Koppers Holdings Inc.
Restricted Stock Units
A - Award 457 457
2022-01-07 2022-01-05 4 KOP Koppers Holdings Inc.
Restricted Stock Units
A - Award 576 2,202 35.42
2022-01-07 2022-01-05 4 KOP Koppers Holdings Inc.
Common Stock
F - Taxes -437 30,482 -1.41 33.27 -14,539 1,014,126
2022-01-06 2022-01-04 4 KOP Koppers Holdings Inc.
Common Stock
A - Award 4,896 30,919 18.81
2021-03-09 2021-03-06 4 KOP Koppers Holdings Inc.
Common Stock
F - Taxes -342 26,023 -1.30 35.45 -12,124 922,505
2021-03-05 2021-03-03 4 KOP Koppers Holdings Inc.
Common Stock
F - Taxes -863 26,365 -3.17 35.72 -30,826 941,747
2021-03-04 2021-03-02 4 KOP Koppers Holdings Inc.
Common Stock
F - Taxes -120 27,228 -0.44 34.87 -4,184 949,430
2021-02-18 2021-02-16 4 KOP Koppers Holdings Inc.
Restricted Stock Units
A - Award 814 814
2021-01-06 2021-01-04 4 KOP Koppers Holdings Inc.
Common Stock
A - Award 5,127 27,348 23.07
2020-08-10 2020-08-07 4 KOP Koppers Holdings Inc.
Common Stock
S - Sale -1,000 22,221 -4.31 25.50 -25,500 566,628
2020-03-10 2020-03-06 4 KOP Koppers Holdings Inc.
Common Stock
F - Taxes -314 23,221 -1.33 18.41 -5,781 427,493
2020-03-05 2020-03-03 4 KOP Koppers Holdings Inc.
Restricted Stock Units
M - Exercise -1,667 0 -100.00
2020-03-05 2020-03-03 4 KOP Koppers Holdings Inc.
Common Stock
A - Award 278 17,286 1.63
2020-03-05 2020-03-03 4 KOP Koppers Holdings Inc.
Common Stock
F - Taxes -820 17,008 -4.60 19.63 -16,097 333,861
2020-03-05 2020-03-03 4 KOP Koppers Holdings Inc.
Common Stock
M - Exercise 1,667 17,828 10.32
2020-03-05 2020-03-03 4/A KOP Koppers Holdings Inc.
Common Stock
A - Award 6,527 23,535 38.38
2020-03-04 2020-03-02 4 KOP Koppers Holdings Inc.
Common Stock
F - Taxes -107 16,161 -0.66 20.03 -2,143 323,699
2020-03-03 2020-02-28 4 KOP Koppers Holdings Inc.
Common Stock
F - Taxes -209 16,268 -1.27 21.86 -4,569 355,612
2020-02-18 2020-02-11 4/A KOP Koppers Holdings Inc.
Restricted Stock Units
A - Award 812 812
2020-02-18 2020-02-11 4/A KOP Koppers Holdings Inc.
Restricted Stock Units
A - Award 1,667 1,667
2020-02-13 2020-02-11 4 KOP Koppers Holdings Inc.
Restricted Stock Units
A - Award 812 812
2020-02-13 2020-02-11 4 KOP Koppers Holdings Inc.
Restricted Stock Units
A - Award 1,667 1,667
2019-06-04 2019-06-04 4 KOP Koppers Holdings Inc.
Common Stock
S - Sale -1,000 16,477 -5.72 27.75 -27,750 457,229
2019-05-09 3 KOP Koppers Holdings Inc.
Common Stock
34,953
2019-05-09 3 KOP Koppers Holdings Inc.
Common Stock
34,953
2019-05-09 3 KOP Koppers Holdings Inc.
Common Stock
34,953
P
Open market or private purchase of non-derivative or derivative security
S
Open market or private sale of non-derivative or derivative security
A
Grant, award, or other acquisition of securities from the company (such as an option)
C
Conversion of derivative
D
Sale or transfer of securities back to the company
F
Payment of exercise price or tax liability using portion of securities received from the company
G
Gift of securities by or to the insider
K
Equity swaps and similar hedging transactions
M
Exercise or conversion of derivative security received from the company (such as an option)
V
A transaction voluntarily reported on Form 4
J
Other (accompanied by a footnote describing the transaction)