Cooper-Standard director granted 3,937 RSUs
Cooper-Standard Holdings Inc. director David John Mastrocola received a grant of 3,937 Restricted Stock Units as part of his equity compensation.
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
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 3,937 | $0.00 | $0.00 |
Footnotes (3)
- F1. 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.
- F2. 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.
- F3. 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
Key Terms
Restricted Stock Units financial
2021 Omnibus Incentive Plan financial
fair market value financial
vesting date financial
deferral election financial
FAQ
What did Cooper-Standard (CPS) director David John Mastrocola report on this Form 4?
How many Cooper-Standard (CPS) Restricted Stock Units were granted to the director?
When do David John Mastrocola’s Cooper-Standard (CPS) RSUs vest?
How will the Cooper-Standard (CPS) RSUs be settled for the director?
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