Cooper-Standard (CPS) executive converts RSUs to stock and withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cooper-Standard Holdings Inc. executive Christopher Couch reported multiple equity award transactions dated March 1, 2026. He exercised or converted several tranches of time-based restricted stock units (RSUs) into common stock at a stated price of $0.00 per share and had shares withheld at $38.44 per share to cover tax obligations. After these RSU conversions and tax-withholding dispositions, he directly owned 42,432 shares of Cooper-Standard common stock. The RSUs relate to grants made in 2023, 2024, and 2025 under the Cooper-Standard Holdings Inc. 2021 Omnibus Incentive Plan, which vest in three equal annual installments subject to his continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
17,675 shares exercised/converted
Mixed
9 txns
Insider
Couch Christopher
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,415 | $0.00 | -- |
| Exercise | Restricted Stock Units | 6,234 | $0.00 | -- |
| Exercise | Restricted Stock Units | 7,026 | $0.00 | -- |
| Exercise | Common stock | 4,415 | $0.00 | -- |
| Tax Withholding | Common stock | 1,263 | $38.44 | $49K |
| Exercise | Common stock | 6,234 | $0.00 | -- |
| Tax Withholding | Common stock | 2,043 | $38.44 | $79K |
| Exercise | Common stock | 7,026 | $0.00 | -- |
| Tax Withholding | Common stock | 3,064 | $38.44 | $118K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common stock — 35,542 shares (Direct)
Footnotes (1)
- 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. 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. 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 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. 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. 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. 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 Christopher Couch report for Cooper-Standard (CPS)?
Christopher Couch reported exercising multiple restricted stock unit awards into Cooper-Standard common shares and related stock dispositions for tax withholding. The activity occurred on March 1, 2026 and reflects routine equity compensation events rather than open-market purchases or sales.
What type of equity awards were involved in Christopher Couch’s Cooper-Standard (CPS) Form 4?
The Form 4 centers on time-based restricted stock units (RSUs) granted under Cooper-Standard’s 2021 Omnibus Incentive Plan. These RSUs convert into common shares as they vest, with one-third vesting on each of three anniversaries, subject to Couch’s continued employment with the company.
Which Cooper-Standard (CPS) equity plans govern Christopher Couch’s RSUs in this Form 4?
The RSUs were granted under the Cooper-Standard Holdings Inc. 2021 Omnibus Incentive Plan, including amended and restated versions. Grants in 2023, 2024, and 2025 vest in three annual installments, contingent on Christopher Couch’s continued employment through each applicable vesting date.
Are Christopher Couch’s Cooper-Standard (CPS) Form 4 transactions open-market buys or sells?
The reported transactions are not open-market trades. They are exercises or conversions of restricted stock units into common stock, plus share dispositions coded “F” that represent tax-withholding events connected to those vestings, rather than discretionary market purchases or sales.