CTS (CTS) CFO records performance share award and tax share surrender

Rhea-AI Filing Summary

CTS Corp CFO Ashish Agrawal reported equity award activity involving common stock. He received a grant or award acquisition of 4,310 shares of common stock at a reference price of $52.94 per share, increasing his direct holdings to 111,054 shares immediately after that award.

The filing explains that these shares were earned from Performance Stock Units granted under the CTS Corporation 2018 Equity and Incentive Compensation Plan, based on certified performance for the 2023–2025 period. In a separate transaction on the same date, 2,024 shares were disposed of at $52.94 per share to satisfy tax withholding obligations upon vesting, leaving Agrawal with 109,030 directly owned shares.

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

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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)
02/24/2026

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	02/24/2026		A		4,310(1)	A	$52.94	111,054	D
Common Stock	02/24/2026		F		2,024(2)	D	$52.94	109,030	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. Performance Stock Units were granted pursuant to the CTS Corporation 2018 Equity and Incentive Compensation Plan and were subject to the achievement of specified performance criteria for the 2023-2025 performance period. The audited financial statements for the applicable performance period were filed with the Securities and Exchange Commission on February 24, 2026, and the Compensation and Talent Committee certified the level of achievement of the applicable performance goals. The shares reported herein represent the number of shares earned and issued based on such certification.

2. 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	02/26/2026
	** 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).
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FAQ

What insider transactions did CTS (CTS) CFO Ashish Agrawal report?

Ashish Agrawal reported a grant or award acquisition of 4,310 CTS common shares and a separate disposition of 2,024 shares. The disposition was specifically to cover tax withholding obligations upon vesting of equity awards, rather than an open-market sale.

Were the CTS (CTS) shares acquired by the CFO an open-market purchase?

No, the 4,310 CTS shares were not an open-market purchase. They were earned from Performance Stock Units granted under the 2018 Equity and Incentive Compensation Plan, based on certified performance for the 2023–2025 period.

Why did CTS (CTS) CFO Ashish Agrawal dispose of 2,024 shares?

The 2,024 CTS shares were surrendered to satisfy tax withholding obligations. The filing states they were delivered upon vesting of shares granted under a restricted stock agreement, using a tax-withholding disposition rather than a discretionary market sale.

How many CTS (CTS) shares does the CFO own after these transactions?

After the award and related tax-withholding disposition, Ashish Agrawal directly owns 109,030 CTS common shares. The filing shows 111,054 shares following the award transaction and 109,030 shares following the tax-withholding share surrender.

What performance period was used for the CTS (CTS) Performance Stock Units?

The Performance Stock Units covered the 2023–2025 performance period. The number of CTS shares issued was based on audited financial statements for that period and certification of achievement levels by the Compensation and Talent Committee.