STOCK TITAN

CFO of CTS Corp (CTS) receives 6,002-share restricted stock award

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Agrawal Ashish reported acquisition or exercise transactions in this Form 4 filing.

CTS Corporation reported that its CFO, Ashish Agrawal, received a grant of common stock under the CTS Corporation 2018 Equity and Incentive Compensation Plan.

The award covers 6,002 shares of restricted stock at $57.15 per share. These shares vest in equal installments over three years, starting on the first anniversary of the grant date, as long as he continues in service. After this grant, Agrawal directly owns 106,744 shares of CTS common stock.

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Agrawal Ashish

(Last) (First) (Middle)
4925 INDIANA AVE

(Street)
LISLE IL 60532

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CTS CORP [ CTS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
CFO
3. Date of Earliest Transaction (Month/Day/Year)
02/11/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/11/2026 A 6,002(1) A $57.15 106,744 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Restricted stock award granted pursuant to the CTS Corporation 2018 Equity and Incentive Compensation Plan that vests ratably over three years commencing on the first anniversary of the grant date, subject to continued service.
/s/ Debra S. Rouse, attorney-in-fact for Ashish Agrawal 02/13/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did CTS (CTS) report for its CFO?

CTS reported that CFO Ashish Agrawal received a grant of 6,002 shares of CTS common stock as a restricted stock award. This is an equity compensation grant rather than an open-market purchase or sale of shares.

Was the CTS (CTS) CFO’s Form 4 transaction a buy or a grant?

The Form 4 shows an acquisition coded “A,” described as a grant, award, or other acquisition. A footnote clarifies this is a restricted stock award under the company’s 2018 Equity and Incentive Compensation Plan, not an open-market stock purchase.

At what price was the CTS (CTS) restricted stock award valued?

The restricted stock award to the CTS CFO was reported at a price of $57.15 per share. This per-share value is used for reporting purposes on the Form 4 and reflects the grant-date valuation of the 6,002 awarded shares.

How many CTS (CTS) shares does the CFO own after this award?

Following the reported restricted stock grant, CFO Ashish Agrawal beneficially owns 106,744 shares of CTS common stock. The Form 4 indicates these shares are held as direct ownership, consolidating his position after the equity award.

How does the CTS (CTS) restricted stock award vest for the CFO?

The Form 4 footnote states the restricted stock award vests ratably over three years, beginning on the first anniversary of the grant date. Vesting is subject to continued service, meaning the CFO must remain with the company for the shares to fully vest.

Under which plan was the CTS (CTS) CFO’s stock award granted?

The award was granted under the CTS Corporation 2018 Equity and Incentive Compensation Plan. This plan provides for equity-based compensation, including restricted stock, to align executives’ interests with shareholders through long-term share ownership incentives.
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