Cooper-Standard officer RSUs vest, shares withheld
Cooper-Standard Holdings Inc. reported that officer MaryAnn Peterson Kanary had restricted stock units (RSUs) vest on March 1, 2026 under the company’s 2021 Omnibus Incentive Plan.
Rhea-AI Filing Summary
Cooper-Standard Holdings Inc. reported that officer MaryAnn Peterson Kanary had restricted stock units (RSUs) vest on March 1, 2026 under the company’s 2021 Omnibus Incentive Plan. RSU tranches of 3,897 and 5,006 units converted into an equal number of common shares at no cash cost to her.
In connection with these vestings, the company withheld 1,115 and 1,432 common shares at a price of $38.44 per share to cover tax obligations, which is recorded as a disposition but not an open-market sale. After these transactions, she continued to hold common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,897 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 5,006 | $0.00 | $0.00 |
| Exercise | Common stock | 3,897 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common stock | 1,115 | $38.44 | $43K |
| Exercise | Common stock | 5,006 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common stock | 1,432 | $38.44 | $55K |
Footnotes (5)
- 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 14, 2024, under Cooper-Standard Holdings Inc. 2021 Omnibus Incentive Plan , as amended and restated.
- 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, 2024.
- F4. 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.
- 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 the date of March 1, 2025.
FAQ
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What insider transactions did CPS report for MaryAnn Peterson Kanary?
How many Cooper-Standard CPS RSUs vested in this Form 4 filing?
Under which plan were the CPS RSUs granted to the officer?
How do CPS RSUs for this officer vest over time?
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