Cooper-Standard officer converts RSUs, withholds shares
Cooper-Standard Holdings Inc. officer Larry Ott reported multiple equity award transactions.
Rhea-AI Filing Summary
Cooper-Standard Holdings Inc. officer Larry Ott reported multiple equity award transactions. On March 1, 2026, he exercised restricted stock units into common stock and disposed of some shares to cover tax obligations.
Several batches of restricted stock units granted under the 2021 Omnibus Incentive Plan vested and were settled in shares pursuant to time-based vesting conditions tied to continued employment. To satisfy tax withholding, Ott delivered common shares at a price of $38.44 per share in three separate tax-withholding dispositions. After these transactions, he directly owned 53,261 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,324 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 3,858 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 4,347 | $0.00 | $0.00 |
| Exercise | Common stock | 4,324 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common stock | 1,152 | $38.44 | $44K |
| Exercise | Common stock | 3,858 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common stock | 1,013 | $38.44 | $39K |
| Exercise | Common stock | 4,347 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common stock | 1,648 | $38.44 | $63K |
Footnotes (7)
- F1. 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.
- F2. These are time-based restricted stock units (RSUs) granted to the reporting person on February 15, 2023, under Cooper-Standard Holdings Inc. 2021 Omnibus Incentive Plan.
- F3. 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
- F4. These are time-based 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.
- F5. 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.
- F6. 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.
- F7. 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
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What did Larry Ott report in this Form 4 for Cooper-Standard (CPS)?
What types of transactions are coded M and F in this CPS Form 4?
What are the vesting terms of Larry Ott’s restricted stock units at Cooper-Standard?
Were Larry Ott’s transactions open-market buys or sells of CPS stock?
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