CTS Corp (NYSE: CTS) CFO surrenders 931 shares to cover taxes
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 931 shares
Net Sell
1 txn
Insider
Agrawal Ashish
Role
CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 931 | $54.19 | $50K |
Holdings After Transaction:
Common Stock — 105,056 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.
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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.
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.