CPS officer exercises RSUs, withholds shares for taxes
Cooper-Standard Holdings Inc. officer Venkatasubramanian Somasundhar reported multiple equity award transactions dated March 1, 2026.
Rhea-AI Filing Summary
Cooper-Standard Holdings Inc. officer Venkatasubramanian Somasundhar reported multiple equity award transactions dated March 1, 2026. He exercised or converted restricted stock units into common shares in several blocks, including 2,276, 2,143 and 2,415 shares, at a stated price of $0.0000 per share.
To cover tax liabilities tied to these vestings, he disposed of 651, 613 and 691 common shares at $38.44 per share under transaction code “F,” which indicates tax-withholding dispositions rather than open-market sales. After these transactions, his directly owned common stock holdings were reported as 24,454 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,276 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 2,143 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 2,415 | $0.00 | $0.00 |
| Exercise | Common stock | 2,276 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common stock | 651 | $38.44 | $25K |
| Exercise | Common stock | 2,143 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common stock | 613 | $38.44 | $24K |
| Exercise | Common stock | 2,415 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common stock | 691 | $38.44 | $27K |
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
What insider transactions did CPS officer Venkatasubramanian Somasundhar report on March 1, 2026?
Did the CPS Form 4 show open-market buying or selling by the insider?
What was Venkatasubramanian Somasundhar’s CPS common stock holding after these transactions?
How are Cooper-Standard RSUs settled for Somasundhar according to the filing?
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