CTS (CTS) Senior Vice President surrenders 289 shares to cover tax withholding
Rhea-AI Filing Summary
CTS Corp Senior Vice President Pratik Trivedi reported an automatic share surrender to cover taxes. On February 5, 2026, Trivedi surrendered 289 shares of CTS common stock at $54.19 per share to satisfy tax withholding due on vesting of restricted stock. After this withholding transaction, Trivedi directly beneficially owned 8,063 CTS common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 289 shares
Net Sell
1 txn
Insider
Trivedi Pratik
Role
Senior Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 289 | $54.19 | $16K |
Holdings After Transaction:
Common Stock — 8,063 shares (Direct)
Footnotes (1)
- F1. Reflects shares of the Issuer's common stock surrendered by the Reporting Person to satisfy tax withholding obligations upon the vesting of shares granted under a restricted stock agreement.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did CTS (CTS) report for Pratik Trivedi?
CTS reported that Senior Vice President Pratik Trivedi surrendered 289 shares of common stock on February 5, 2026. The shares were withheld to cover tax obligations triggered by the vesting of restricted stock granted under a restricted stock agreement.
Was the CTS (CTS) insider transaction an open market sale?
The transaction was not an open market sale. It was coded as “F,” meaning 289 shares of CTS common stock were surrendered to satisfy tax withholding obligations when restricted stock vested, rather than being sold at the insider’s discretion in the market.
What role does Pratik Trivedi hold at CTS (CTS) in this insider filing?
In this insider filing, Pratik Trivedi is identified as an officer of CTS, serving as Senior Vice President. His position subjects him to Section 16 reporting rules, requiring disclosure of changes in his beneficial ownership of CTS common stock.