CTS (CTS) CEO uses 6,980 shares to cover tax withholding
Rhea-AI Filing Summary
CTS Corp President & CEO and director Kieran M. O'Sullivan reported two insider transactions on common stock dated February 9, 2026. He disposed of a total of 6,980 shares through tax-withholding dispositions tied to restricted stock vesting, valued at
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FAQ
What insider transaction did CTS (CTS) CEO Kieran O'Sullivan report?
Kieran O'Sullivan reported two insider transactions involving CTS common stock. The Form 4 shows tax-withholding dispositions related to vested restricted stock, rather than open-market buying or selling, executed on
How many CTS shares were surrendered for taxes by the CEO?
The CEO surrendered a total of 6,980 CTS common shares for taxes. This reflects 3,237 shares and 3,743 shares delivered to satisfy tax withholding obligations upon restricted stock vesting.
At what price were the CTS shares valued in the tax-withholding disposition?
The surrendered CTS shares were valued at
How many CTS shares does CEO Kieran O'Sullivan own after these transactions?
After the reported transactions, Kieran O'Sullivan directly owned 403,750 CTS common shares. This figure reflects his beneficial ownership following the tax-withholding dispositions on
Were the CTS CEO’s Form 4 transactions open-market sales?
No, the Form 4 characterizes the transactions as tax-withholding dispositions. Shares were surrendered to cover tax obligations on vested restricted stock, rather than sold in open-market trades.
What does transaction code "F" mean in the CTS CEO Form 4?
Transaction code "F" indicates payment of a tax liability or exercise price by delivering securities. Here, it shows CTS shares surrendered to meet tax withholding when restricted stock vested.