Cooper-Standard (CPS) director Sonya Sepahban receives grant of 3,937 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sepahban Sonya F. reported acquisition or exercise transactions in this Form 4 filing.
Cooper-Standard Holdings Inc. director Sonya F. Sepahban received a grant of 3,937 time-based restricted stock units on May 14, 2026 under the 2021 Omnibus Incentive Plan. These RSUs represent potential shares of common stock and are compensation, not an open-market purchase.
The RSUs vest, subject to her continued board service, on the earlier of the first anniversary of the grant date or the first annual shareholders meeting after the grant date, and may be settled in either shares or cash at fair market value when they vest. Following this grant, her directly held RSU balance reported in this filing is 3,937 units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sepahban Sonya F.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 3,937 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 3,937 shares (Direct, null)
Footnotes (1)
- These are time-based restricted stock units (RSUs) granted to the reporting person on May 14, 2026, under Cooper-Standard Holdings Inc. 2021 Omnibus Incentive Plan, as amended and restated. The company, in its sole discretion, settles such RSU'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 RSU'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 RSU's that have vested. Subject to the reporting person's continued service as a director, these RSU's vest and are no longer subject to forfeiture on the earlier of the first anniversary of the grant date or the date of the first annual shareholders meeting of the company that occurs after the grant date, subject to the director's deferral election, if applicable.
Key Figures
RSUs granted: 3,937 units
Grant price: $0.00 per unit
RSUs following transaction: 3,937 units
3 metrics
RSUs granted
3,937 units
Time-based RSU award on May 14, 2026
Grant price
$0.00 per unit
Compensation award, not open-market purchase
RSUs following transaction
3,937 units
Total RSUs directly held after grant
Key Terms
Restricted Stock Units, 2021 Omnibus Incentive Plan, fair market value, vesting, +1 more
5 terms
Restricted Stock Units financial
"These are time-based restricted stock units (RSUs) granted to the reporting person"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2021 Omnibus Incentive Plan financial
"under Cooper-Standard Holdings Inc. 2021 Omnibus Incentive Plan, as amended and restated"
fair market value financial
"cash equal to the fair market value, determined as of the vesting date"
The price a willing buyer and a willing seller would agree on for an asset or security when neither is under pressure and both have access to the same information. Think of it as the market’s neutral estimate of what something is worth, like the price two neighbors would settle on for a car after comparing similar listings. Investors care because fair market value guides buying and selling decisions, tax reporting, portfolio valuation, and how accurately company assets are reflected in financial statements.
vesting financial
"RSU's that have vested or (ii) deliver an amount of cash equal to the fair market value"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
forfeiture financial
"these RSU's vest and are no longer subject to forfeiture on the earlier of the first anniversary"
FAQ
What did Cooper-Standard (CPS) report in Sonya Sepahban’s latest Form 4?
Cooper-Standard reported that director Sonya F. Sepahban received 3,937 restricted stock units as an equity-based compensation grant. The award was made under the 2021 Omnibus Incentive Plan and reflects time-based RSUs tied to her continued service on the company’s board.
How many RSUs did Cooper-Standard (CPS) grant to director Sonya Sepahban?
The company granted Sonya F. Sepahban 3,937 restricted stock units. These RSUs are linked to Cooper-Standard common stock and are designed to vest over time, aligning her compensation with long-term shareholder interests through continued service as a director.
When do Sonya Sepahban’s Cooper-Standard (CPS) RSUs vest?
The RSUs vest on the earlier of the first anniversary of the May 14, 2026 grant date or the first annual shareholders meeting after that date. Vesting is also conditioned on her continued service as a director throughout the vesting period.
Is Sonya Sepahban’s RSU grant at Cooper-Standard (CPS) an open-market stock purchase?
No, the RSU grant is a compensation award, not an open-market purchase. The Form 4 shows a code A transaction, meaning a grant or award acquisition, with a price of $0.00 per unit, given under the company’s equity incentive plan.
How will Cooper-Standard (CPS) settle Sonya Sepahban’s RSUs when they vest?
The company may settle vested RSUs either in shares or in cash. At vesting, Cooper-Standard can book shares in her name or pay cash equal to the fair market value of the vested share-equivalent amount, as described in the award terms.
What is Sonya Sepahban’s RSU balance after this Cooper-Standard (CPS) transaction?
After the reported grant, her Form 4 shows 3,937 restricted stock units directly held. These RSUs are tied to Cooper-Standard common stock and will convert into shares or cash upon vesting, according to the plan’s settlement provisions and company election.