CTS Corp (CTS) awards 3,693 restricted shares to top officer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Pacioni Mark R. reported acquisition or exercise transactions in this Form 4 filing.
CTS Corp’s Chief Legal and Administrative Officer, Mark R. Pacioni, received a restricted stock award of 3,693 shares of common stock on February 11, 2026, valued at $57.15 per share. The grant was made under the CTS Corporation 2018 Equity and Incentive Compensation Plan.
The restricted shares vest in equal installments over three years, beginning on the first anniversary of the grant date, and are subject to his continued service. Following this award, Pacioni beneficially owns 8,293 shares of CTS common stock, held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Pacioni Mark R.
Role
Chief Legal and Admin. Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,693 | $57.15 | $211K |
Holdings After Transaction:
Common Stock — 8,293 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did CTS (CTS) report for Mark R. Pacioni?
CTS reported that Chief Legal and Administrative Officer Mark R. Pacioni received a grant of 3,693 shares of common stock. This was a restricted stock award under the 2018 Equity and Incentive Compensation Plan, recorded at $57.15 per share on February 11, 2026.
What are the vesting terms of Mark R. Pacioni’s CTS restricted stock award?
The 3,693-share restricted stock award vests ratably over three years, beginning on the first anniversary of the February 11, 2026 grant date. Vesting is conditioned on Mark R. Pacioni’s continued service with CTS, aligning his long-term incentives with ongoing employment at the company.
At what price was Mark R. Pacioni’s CTS restricted stock award recorded?
The restricted stock award to Mark R. Pacioni was recorded at $57.15 per CTS common share. This price is used for reporting the value of the 3,693-share grant on the Form 4, reflecting the reference price at the time of the February 11, 2026 transaction.
Under which plan was the CTS (CTS) restricted stock granted to Mark R. Pacioni?
The grant was made under the CTS Corporation 2018 Equity and Incentive Compensation Plan. This plan provides for equity-based awards such as restricted stock, and Pacioni’s 3,693-share award vests over three years, starting one year after the February 11, 2026 grant date.