CTS Corp officer corrects Form 4 tax withholding
CTS Corp officer Pratik Trivedi filed an amended insider trading report to correct a prior tax-withholding entry tied to vesting of restricted stock.
Rhea-AI Filing Summary
CTS Corp officer Pratik Trivedi filed an amended insider trading report to correct a prior tax-withholding entry tied to vesting of restricted stock. On February 5, 2026, 125 shares of common stock were disposed of at $54.19 per share to cover tax obligations.
After this correction, Trivedi directly beneficially owns 7,938 shares of CTS common stock. The amendment states that no other changes were made beyond updating the number of shares withheld for taxes.
Positive
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Negative
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Insider Trade Summary
Exercise Price or Tax Liability: 125 shares
Exercise Price or Tax Liability
1 txn
Insider
Trivedi Pratik
Role
Senior Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 125 | $54.19 | $7K |
Holdings After Transaction:
Common Stock — 7,938 shares (Direct)
Footnotes (1)
- F1. This Form 4 is being filed to amend the Form 4 originally filed on February 9, 2026 to correct the number of shares withheld to satisfy tax withholding obligations in connection with the vesting of restricted stock. The amendment reflects the withholding of additional shares to cover the applicable tax withholding requirements. No other changes have been made.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did the CTS (CTS) Form 4/A filed for Pratik Trivedi report?
The Form 4/A reports a correction to previously disclosed tax-withholding shares related to restricted stock vesting. It now shows 125 CTS common shares disposed at $54.19 on February 5, 2026 to satisfy tax obligations, with 7,938 shares remaining directly owned afterward.
Why was this CTS (CTS) insider transaction filed as an amendment?
The filing amends a prior Form 4 originally filed on February 9, 2026 to correct the number of shares withheld for taxes. The company states the amendment reflects additional shares withheld for applicable tax requirements, with no other changes to the previously reported information.
What role does Pratik Trivedi hold at CTS (CTS) in this Form 4/A?
The filing identifies the reporting person as an officer of CTS Corp with the title Senior Vice President. The reported transaction concerns his equity compensation, specifically restricted stock that vested and generated tax obligations met through withholding CTS common shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.