Welcome to our dedicated page for CTS SEC filings (Ticker: CTS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
CTS Corporation filings document operating results, Regulation FD investor materials and governance disclosures for a manufacturer of sensors, actuators and electronic components. Form 8-K reports furnish quarterly and annual earnings releases, webcast slides and investor presentations tied to the company's end-market strategy and financial outlook.
CTS regulatory filings also cover proxy governance and compensation matters, board and executive officer changes, material agreements, and financing arrangements, including an unsecured revolving credit facility. These records describe the company's capital structure, leadership, treatment of furnished materials under the Exchange Act and risk language for forward-looking statements.
Gabelli-affiliated investment advisers and related entities filed an amended Schedule 13D reporting beneficial ownership of 1,642,367 CTS Corp common shares, equal to 5.75% of the 28,556,195 shares outstanding as of June 30, 2026.
The stake is held mainly through GAMCO Asset Management and Gabelli Funds, with smaller positions at GCIA, MJG Associates and Teton Advisors. Each adviser generally has sole voting and dispositive power over the shares it manages, subject to fund-level proxy committees and client agreements. The group uses the long-form Schedule 13D so it can regularly communicate with CTS management while remaining aligned with Exchange Act reporting obligations. Recent activity includes several modest open-market sales in July and August 2026 at prices in the low-to-high $60s per share.
CTS Corp executive Mark R. Pacioni, VP and Chief Legal/Admin. Officer, reported a Form 4 transaction involving the surrender of 531 shares of common stock on 2026-07-29 at $61.53 per share. The shares were withheld to cover tax obligations on vested restricted stock, leaving him with 7,762 CTS shares held directly.
CTS Corporation reported higher earnings for the quarter and six months ended June 30, 2026. Net sales were $144,780, up from $135,309 a year earlier, producing gross margin of $60,048. Quarterly net earnings were $19,164 versus $18,527, with diluted EPS of $0.66.
For the first half of 2026, net sales reached $284,010 and net earnings were $36,361, with diluted EPS of $1.26. Operating cash flow improved to $50,735, helping lift cash and cash equivalents to $107,536 while long‑term debt outstanding was $55,000 on a $300,000 credit facility.
CTS recorded remediation reserves of $16,468, including an updated $6,711 estimate for its share of a proposed $7,610 environmental settlement at the Asheville site. The company also repurchased 240,439 shares for $12,101 under its 2025 share repurchase program, leaving 28,567,018 shares outstanding.
In June 2026 CTS announced the promotion of Pratik Trivedi to President and Chief Executive Officer, effective July 6, 2026, with former CEO Kieran OSullivan becoming Executive Chair.
CTS Corporation provides an investor update highlighting recent performance and outlook. For the twelve months ended June 2026, revenue was $564.3 million, with adjusted gross margin of 39.8%, adjusted EBITDA of $135.5 million and an adjusted EBITDA margin of 24.0%. Adjusted net earnings were $74.3 million, or $2.58 per diluted share.
Diversified markets contributed 58% of revenue, up from 35% in 2017, with last‑twelve‑months sales of $150 million in industrial (up 17% year over year), $99 million in medical (up 34% year over year) and $81 million in aerospace and defense (up 1% year over year). Transportation generated $234 million of LTM revenue, down 2% year over year but largely powertrain‑agnostic.
Updated 2026 guidance calls for revenue of $565–$585 million and adjusted diluted EPS of $2.55–$2.70. The company reports free cash flow of $86.4 million for 2025, has returned $314 million to shareholders since 2013, and targets 10% long‑term annual revenue growth supported by organic initiatives and strategic acquisitions.
CTS Corporation reported second-quarter 2026 net sales of $144.8 million, up 7% year over year. Sales to diversified end markets grew 15% and now represent 59% of revenue, while transportation sales decreased 2%, reflecting the company’s ongoing diversification strategy.
Net earnings were $19.2 million, a 13.2% margin, compared with $18.5 million (13.7%) a year earlier, and diluted EPS was $0.66 versus $0.62. Profitability improved more sharply on a non-GAAP basis: adjusted gross margin reached 41.5% (up 270 bps), adjusted EBITDA margin was 25.4% (up 240 bps), and adjusted diluted EPS was $0.74, up $0.17 from $0.57.
Operating cash flow was $33.4 million, generating free cash flow of $28.8 million. Book-to-bill ratio was 1.1 overall, including 1.17 in diversified markets, and transportation total booked business was $1.2b with $163m in new wins. CTS raised 2026 sales guidance to $565–$585 million and adjusted diluted EPS guidance to $2.55–$2.70, assuming current market conditions and an effective tax rate of 21–23% excluding discrete items.
Wasatch Advisors filed an amended Schedule 13G/A reporting a significant ownership position in CTS Corp. Wasatch Advisors beneficially owns 3,599,707 shares of CTS common stock, representing 12.6% of the outstanding class. The firm has sole voting power over 2,591,256 shares and sole dispositive power over all 3,599,707 shares, with no shared voting or dispositive authority reported.
Trivedi Pratik reported acquisition or exercise transactions in this Form 4 filing.
CTS Corp President & CEO Pratik Trivedi received a grant of 14,253 shares of Common Stock valued at $60.34 per share. This restricted stock award was issued under the CTS Corporation 2018 Equity and Incentive Compensation Plan and is compensation-related rather than an open-market purchase.
The award vests ratably over three years, beginning on the first anniversary of the grant date, and requires his continued service through each vesting date. Following this grant, Trivedi directly holds 23,635 shares of CTS common stock.
CTS Corporation is changing its top leadership. Effective July 6, 2026, current President and CEO Kieran O’Sullivan will step down as CEO and become Executive Chairman, while Pratik Trivedi, currently Chief Operating Officer, will become President and CEO and join the Board, increasing its size from eight to nine directors.
Mr. Trivedi’s compensation as CEO includes base salary of $675,000 per year, a target annual cash bonus equal to 100% of salary for the 2026 fiscal year (prorated), and a new long-term equity award valued at $2,150,000, split 60% into performance-based restricted stock units and 40% into service-based restricted stock units. He is also expected to enter a change in control Severance Agreement providing double-trigger severance of up to two times salary and bonus plus an additional one times amount for non-compete obligations, along with continued benefits and up to $30,000 in outplacement services if triggered.
As Executive Chairman, Mr. O’Sullivan will receive base salary of $625,000 and a target annual cash bonus of 100% of salary for 2026, with no new long-term incentive award. His existing equity awards and change in control agreement remain in place under current terms.
CTS Corp President & CEO Kieran M. O'Sullivan reported open-market sales of 130,000 shares of CTS common stock over three days. He sold 46,955 shares on June 1, 2026 at a weighted average price of $63.3111, 60,388 shares on June 2, 2026 at $66.2627, and 22,657 shares on June 3, 2026 at $66.6708 per share.
The filing states these transactions were executed under a pre-arranged Rule 10b5-1 trading plan adopted on March 2, 2026, indicating they were scheduled in advance. After the reported sales, O'Sullivan directly holds 307,693 CTS common shares.
Hawkins John M reported acquisition or exercise transactions in this Form 4 filing.
CTS Corporation Senior Vice President John M. Hawkins received two restricted stock awards of Common Stock on June 1, 2026 under the CTS Corporation 2018 Equity and Incentive Compensation Plan.
One grant covers 757 shares that vest ratably over three years starting on the first anniversary of the grant date. The other covers 1,253 shares that vest fully after a two-year cliff, with both awards contingent on his continued service.