Cooper-Standard (NYSE: CPS) president awarded RSUs, PSUs, trades shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cooper-Standard Holdings Inc. executive Shannon B. Quinn, President ISG, reported multiple equity-compensation transactions dated February 12, 2026. Quinn received grants of 2,467 time-based restricted stock units and 2,451 performance stock units under the company’s 2021 Omnibus Incentive Plan.
On the same date, 2,304 performance stock units were exercised into 2,304 shares of common stock, and 2,304 common shares were then disposed of to the issuer at $34.15 per share. After these transactions, Quinn directly owned 3,231 shares of common stock, along with 2,467 RSUs and 2,451 PSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,304 shares exercised/converted
Mixed
5 txns
Insider
Quinn Shannon B
Role
President, ISG
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,467 | $0.00 | -- |
| Grant/Award | Performance Stock Units | 2,451 | $0.00 | -- |
| Exercise | Performance Stock Units | 2,304 | $0.00 | -- |
| Exercise | Common stock | 2,304 | $0.00 | -- |
| Disposition | Common stock | 2,304 | $34.15 | $79K |
Holdings After Transaction:
Restricted Stock Units — 2,467 shares (Direct);
Performance Stock Units — 2,451 shares (Direct);
Common stock — 5,535 shares (Direct)
Footnotes (1)
- The Company settles such performance-based stock units (PSUs) by delivering an amount of cash equal to the fair market value of a number of shares equal to the number of PSUs that have vested. These are time-based restricted stock units (RSUs) granted to the reporting person on February 12, 2026, under Cooper-Standard Holdings Inc. 2021 Omnibus Incentive Plan, as amended and restated. The company settles such RSUs by making an appropriate book entry in the reporting person's name for a number of shares equal to the number of RSU's that have vested. Subject to the reporting person's continued employment with the company or its affiliates through the applicable vesting date, one third of these RSUs shall vest and no longer be subject to forfeiture on each of the first three anniversaries of the date of March 1, 2026. Represents performance-based stock units (PSUs) granted to the reporting person on February 12, 2025, under Cooper-Standard Holdings Inc. 2021 Omnibus Incentive Plan, as amended and restated, which were deemed to have satisfied the portion of the performance vesting criteria applicable for the year ended December 31, 2025, as determined by the Company on February 12, 2026. The company, in its sole discretion, settles such PSU's by electing either to (i) make an appropriate book entry in the reporting person's name for a number of shares equal to the number of PSU's that have vested or (ii) deliver an amount of cash equal to the fair market value, determined as of the vesting date, of a number of shares equal to the number of PSU's that have vested. Subject to the reporting person's continued employment with the company or its affiliates through March 1, 2028, these PSUs shall vest and no longer be subject to forfeiture and will settle on or as soon as practicable following March 1, 2028. Represents performance-based stock units (PSUs) granted to the reporting person on February 15, 2023, under Cooper-Standard Holdings Inc. 2021 Omnibus Incentive Plan, as amended and restated, which were deemed to have satisfied the portion of the performance vesting criteria applicable for the year ended December 31, 2024, as determined by the Company on February 12, 2025 Subject to the reporting person's continued employment with the company or its affiliates through December 31, 2025, these PSUs shall vest and no longer be subject to forfeiture and will settle on or as soon as practicable following February 12, 2026.
FAQ
What insider transactions did CPS executive Shannon B. Quinn report?
Shannon B. Quinn reported equity-compensation activity including new grants of 2,467 RSUs and 2,451 PSUs, plus an exercise of 2,304 PSUs into common stock and a matching 2,304-share disposition of common stock back to Cooper-Standard.
How many Cooper-Standard (CPS) RSUs and PSUs were granted to Shannon Quinn?
The filing shows a grant of 2,467 restricted stock units and 2,451 performance stock units to Shannon B. Quinn. Both awards were issued under Cooper-Standard Holdings Inc.’s 2021 Omnibus Incentive Plan, as amended and restated.
What happened to the 2,304 Cooper-Standard PSUs on February 12, 2026?
On February 12, 2026, 2,304 performance stock units were exercised into 2,304 shares of common stock. Those 2,304 common shares were then disposed of to the issuer at a price of $34.15 per share, according to the Form 4.
How are Cooper-Standard RSUs and PSUs for Shannon Quinn settled?
The filing states RSUs are settled by a book entry for shares equal to vested units. PSUs may be settled, at the company’s discretion, by either a book entry of shares or cash equal to the fair market value of the vested share amount.
What are the key vesting conditions for Shannon Quinn’s CPS RSUs and PSUs?
One-third of the RSUs vests on each of the first three anniversaries of March 1, 2026, subject to continued employment. Certain PSUs vest based on performance criteria and continued employment through dates including December 31, 2025 and March 1, 2028.