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CTS Corp (NYSE: CTS) CFO surrenders 931 shares to cover taxes

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

Rhea-AI Filing Summary

CTS Corp's CFO Ashish Agrawal reported an automatic tax-withholding share surrender. On February 5, 2026, he surrendered 931 shares of CTS common stock at $54.19 per share to cover tax withholding upon vesting of restricted stock. Following this transaction, he directly beneficially owned 105,056 CTS shares.

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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)
02/05/2026
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 02/05/2026 F 931(1) D $54.19 105,056 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. 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.
/s/ Debra S. Rouse, attorney-in-fact for Ashish Agrawal 02/09/2026
** 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) CFO Ashish Agrawal report?

CTS CFO Ashish Agrawal reported surrendering 931 shares of common stock. The shares were delivered to cover tax withholding obligations triggered by the vesting of restricted stock, as described in the filing’s explanatory footnote.

When did the CTS (CTS) CFO’s Form 4 transaction occur?

The reported transaction occurred on February 5, 2026. That is the transaction date shown in Table I of the Form 4 for the common stock surrendered to satisfy tax withholding on vested restricted stock.

How many CTS (CTS) shares did the CFO surrender and at what price?

The CFO surrendered 931 shares of CTS common stock at a price of $54.19 per share. This transaction is coded as an F transaction, indicating shares withheld or surrendered to satisfy tax obligations on equity awards.

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

After the tax-withholding transaction, the CFO beneficially owned 105,056 CTS common shares. The Form 4 shows this figure in the “Amount of Securities Beneficially Owned Following Reported Transaction(s)” column for his direct ownership position.

What does transaction code F mean in the CTS (CTS) Form 4 filing?

Transaction code F indicates shares were withheld or surrendered to satisfy tax withholding obligations. In this case, 931 CTS common shares were used to cover taxes due when restricted stock granted to the CFO vested.

Is the CTS (CTS) CFO’s ownership classified as direct or indirect in this Form 4?

The Form 4 classifies the CFO’s post-transaction ownership of 105,056 CTS shares as direct. The “Ownership Form” column lists the designation as D, indicating direct beneficial ownership rather than through an intermediate entity.
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