CTS Corp (NYSE: CTS) VP surrenders 531 shares to cover tax withholding
Rhea-AI Filing Summary
CTS Corp executive Mark R. Pacioni, VP and Chief Legal/Admin. Officer, reported a Form 4 transaction involving the surrender of 531 shares of common stock on 2026-07-29 at $61.53 per share. The shares were withheld to cover tax obligations on vested restricted stock, leaving him with 7,762 CTS shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 531 shares
Net Sell
1 txn
Insider
Pacioni Mark R.
Role
VP, Chief Legal/Admin. Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 531 | $61.53 | $33K |
Holdings After Transaction:
Common Stock — 7,762 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.
Key Figures
Shares surrendered: 531 shares
Tax withholding price: $61.53 per share
Shares held after transaction: 7,762 shares
+1 more
4 metrics
Shares surrendered
531 shares
Common stock surrendered to satisfy tax withholding obligations
Tax withholding price
$61.53 per share
Per-share value used for the 531 surrendered shares
Shares held after transaction
7,762 shares
Direct CTS common stock holdings following the tax-withholding disposition
Transaction date
2026-07-29
Date shares were surrendered for tax withholding on restricted stock vesting
Key Terms
tax withholding obligations, restricted stock agreement, Reporting Person
3 terms
tax withholding obligations financial
"to satisfy tax withholding obligations upon the vesting of shares"
restricted stock agreement financial
"vesting of shares granted under a restricted stock agreement"
Reporting Person regulatory
"shares of the Issuer's common stock surrendered by the Reporting Person"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did CTS (CTS) report for executive Mark R. Pacioni?
CTS reported that VP and Chief Legal/Admin. Officer Mark R. Pacioni surrendered 531 shares of common stock on 2026-07-29 at $61.53 per share to satisfy tax withholding on vested restricted stock, leaving 7,762 shares held directly.
Was the CTS (CTS) insider transaction made under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is marked false, indicating the transaction was not reported as being made under a pre-arranged 10b5-1 trading plan. It is characterized instead as a tax-withholding share surrender on restricted stock vesting.