Cooper-Standard CFO reports RSU vesting, tax trades
Cooper-Standard Holdings EVP and CFO Jonathan P. Banas reported multiple equity transactions on March 1, 2026.
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Rhea-AI Filing Summary
Cooper-Standard Holdings EVP and CFO Jonathan P. Banas reported multiple equity transactions on March 1, 2026. Time-based restricted stock units granted in 2023, 2024 and 2025 under the 2021 Omnibus Incentive Plan vested and were settled in common stock at no cost. Some shares were disposed at $38.44 per share to satisfy tax obligations, leaving him with 67,277 common shares held directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 7,509 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 7,598 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 8,564 | $0.00 | $0.00 |
| Exercise | Common stock | 7,509 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common stock | 3,274 | $38.44 | $126K |
| Exercise | Common stock | 7,598 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common stock | 3,313 | $38.44 | $127K |
| Exercise | Common stock | 8,564 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common stock | 3,734 | $38.44 | $144K |
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 insider transactions did CPS EVP and CFO Jonathan P. Banas report?
What type of equity awards did the Cooper-Standard CFO exercise in this Form 4 filing?
Were the restricted stock units in this CPS Form 4 performance-based or time-based?
AI-generated analysis. How Rhea-AI works. Not financial advice.