Cooper-Standard (CPS) director receives 3,937 RSUs as equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cooper-Standard Holdings Inc. director David John Mastrocola received a grant of 3,937 Restricted Stock Units as part of his equity compensation. These RSUs were granted under the company’s 2021 Omnibus Incentive Plan at a stated price of $0.00 per unit, reflecting a non-cash award.
The RSUs convert into an equivalent number of common shares or a cash amount equal to the fair market value on the vesting date, at the company’s discretion. They are time-based and vest, subject to his continued board service, on the earlier of the first anniversary of the May 14, 2026 grant date or the first annual shareholders meeting after that date, subject to any director deferral election.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mastrocola David John
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
Underlying common shares: 3,937 shares
+2 more
5 metrics
RSUs granted
3,937 units
Time-based RSU award to director on May 14, 2026
Grant price
$0.00 per unit
Stated price for RSU compensation grant
Underlying common shares
3,937 shares
Common stock underlying granted RSUs
Total RSUs after grant
3,937 units
Director’s RSU holdings following this transaction
Grant date
May 14, 2026
Award date for time-based RSUs
Key Terms
Restricted Stock Units, 2021 Omnibus Incentive Plan, fair market value, vesting date, +1 more
5 terms
Restricted Stock Units financial
"These are time-based restricted stock units (RSUs) granted to the reporting person on May 14, 2026..."
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
"...granted to the reporting person on May 14, 2026, under Cooper-Standard Holdings Inc. 2021 Omnibus Incentive Plan, as amended and restated."
fair market value financial
"...deliver an amount of 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 date financial
"...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."
deferral election financial
"...after the grant date, subject to the director's deferral election, if applicable."
FAQ
What did Cooper-Standard (CPS) director David John Mastrocola report on this Form 4?
David John Mastrocola reported receiving 3,937 Restricted Stock Units as equity compensation. The RSUs are linked to Cooper-Standard common stock and were granted with a stated price of $0.00 per unit, meaning they represent a non-cash award rather than an open-market purchase.
How many Cooper-Standard (CPS) Restricted Stock Units were granted to the director?
The director was granted 3,937 Restricted Stock Units tied to Cooper-Standard common stock. This entire amount is reflected as his derivative holdings following the transaction, indicating the award size and the director’s new RSU position from this specific grant on the reported date.
When do David John Mastrocola’s Cooper-Standard (CPS) RSUs vest?
The RSUs vest when the earlier of two events occurs: the first anniversary of the May 14, 2026 grant date or the first annual shareholders meeting after that date. Vesting also depends on his continued service as a director and any applicable deferral election.
How will the Cooper-Standard (CPS) RSUs be settled for the director?
The company can settle the RSUs either by booking the appropriate number of common shares in the director’s name or by paying cash. The cash amount equals the fair market value, on the vesting date, of the number of shares corresponding to the vested RSUs.
Is this Cooper-Standard (CPS) Form 4 a market buy or sell transaction?
This Form 4 reflects a grant of 3,937 Restricted Stock Units, not an open-market buy or sell. It is a compensation-related award coded as a grant or other acquisition, with no reported market purchase or sale of existing Cooper-Standard shares by the director.