Cooper-Standard (NYSE: CPS) executive settles RSU taxes with shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cooper-Standard Holdings Inc. president of ISG, Shannon B. Quinn, reported several equity compensation transactions in company stock. On March 1, 2026, multiple blocks of restricted stock units were exercised or converted into common shares, including 1,626, 1,559, and 1,756 RSUs.
The filing also shows tax-related share dispositions. Common shares were delivered to cover tax obligations in separate blocks of 466, 446, and 503 shares at a price of $38.44 per share. After these transactions, Quinn directly owned 6,757 shares of Cooper-Standard common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,941 shares exercised/converted
Mixed
9 txns
Insider
Quinn Shannon B
Role
President, ISG
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,626 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,559 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,756 | $0.00 | -- |
| Exercise | Common stock | 1,626 | $0.00 | -- |
| Tax Withholding | Common stock | 466 | $38.44 | $18K |
| Exercise | Common stock | 1,559 | $0.00 | -- |
| Tax Withholding | Common stock | 446 | $38.44 | $17K |
| Exercise | Common stock | 1,756 | $0.00 | -- |
| Tax Withholding | Common stock | 503 | $38.44 | $19K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common stock — 4,857 shares (Direct)
Footnotes (1)
- 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. These are time-based restricted stock units (RSUs) granted to the reporting person on March 1, 2023, under Cooper-Standard Holdings Inc. 2021 Omnibus Incentive Plan. 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 March 1, 2023 These are restricted stock units (RSUs) granted to the reporting person on February 14, 2024, under Cooper-Standard Holdings Inc. 2021 Omnibus Incentive Plan, as amended and restated. 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 March 1, 2024. These are time-based restricted stock units (RSUs) granted to the reporting person on February 12, 2025, under Cooper-Standard Holdings Inc. 2021 Omnibus Incentive Plan, as amended and restated. 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, 2025.
FAQ
What insider transactions did CPS executive Shannon B. Quinn report?
Shannon B. Quinn reported a mix of equity compensation transactions. On March 1, 2026, restricted stock units were exercised or converted into common stock, and some of those resulting shares were used to pay tax obligations through share deliveries back to Cooper-Standard.
How many Cooper-Standard RSUs did Shannon B. Quinn convert into common stock?
Quinn converted several RSU blocks into common stock. The filing lists exercises or conversions of restricted stock units in amounts including 1,626, 1,559, and 1,756 units, all dated March 1, 2026, under the company’s 2021 Omnibus Incentive Plan and its amended versions.
What vesting schedule applies to Shannon B. Quinn’s Cooper-Standard RSUs?
The RSUs vest in three annual installments tied to service. For grants made in 2023, 2024, and 2025, one-third of the restricted stock units vest on each of the first three anniversaries of the relevant March 1 grant date, subject to continued employment.
Under which plan were Shannon B. Quinn’s CPS RSUs granted?
The RSUs were granted under the Cooper-Standard 2021 Omnibus Incentive Plan. Footnotes state that awards on March 1, 2023, February 14, 2024, and February 12, 2025 were issued pursuant to this plan, including its amended and restated versions.