STOCK TITAN

CTS (CTS) CEO awarded 14,253-share restricted stock grant under 2018 plan

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Trivedi Pratik reported acquisition or exercise transactions in this Form 4 filing.

CTS Corp President & CEO Pratik Trivedi received a grant of 14,253 shares of Common Stock valued at $60.34 per share. This restricted stock award was issued under the CTS Corporation 2018 Equity and Incentive Compensation Plan and is compensation-related rather than an open-market purchase.

The award vests ratably over three years, beginning on the first anniversary of the grant date, and requires his continued service through each vesting date. Following this grant, Trivedi directly holds 23,635 shares of CTS common stock.

Positive

  • None.

Negative

  • None.
Insider Trivedi Pratik
Role President & CEO
Type Security Shares Price Value
Grant/Award Common Stock 14,253 $60.34 $860K
Holdings After Transaction: Common Stock — 23,635 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Restricted stock grant 14,253 shares Common Stock award to President & CEO
Grant reference price $60.34 per share Price per share for the 14,253-share award
Post-grant holdings 23,635 shares Total CTS common shares held directly after transaction
Vesting schedule 3 years, ratable Beginning on first anniversary of grant date
Restricted stock award financial
"Restricted stock award granted pursuant to the CTS Corporation 2018 Equity and Incentive Compensation Plan"
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
CTS Corporation 2018 Equity and Incentive Compensation Plan financial
"Restricted stock award granted pursuant to the CTS Corporation 2018 Equity and Incentive Compensation Plan"
vests ratably over three years financial
"that vests ratably over three years commencing on the first anniversary of the grant date"
grant date financial
"commencing on the first anniversary of the grant date, subject to the reporting person's continued service"
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

FAQ

What did CTS (CTS) CEO Pratik Trivedi report in this Form 4 filing?

CTS President & CEO Pratik Trivedi reported receiving a grant of 14,253 shares of common stock. The shares are a restricted stock award granted as part of his equity-based compensation under the CTS Corporation 2018 Equity and Incentive Compensation Plan.

Was the CTS (CTS) CEO’s transaction a stock purchase or a compensation grant?

The transaction was a compensation-related grant, not an open-market stock purchase. It is classified as a “Grant, award, or other acquisition” of 14,253 shares of CTS common stock under the company’s 2018 Equity and Incentive Compensation Plan.

How many CTS (CTS) shares does CEO Pratik Trivedi hold after this grant?

After the restricted stock grant, CEO Pratik Trivedi directly holds 23,635 shares of CTS common stock. This total reflects the newly awarded 14,253 shares in addition to his prior holdings as reported in the Form 4 filing.

What are the vesting terms of the CTS (CTS) CEO’s restricted stock award?

The restricted stock award vests ratably over three years, starting on the first anniversary of the grant date. Vesting is contingent on Pratik Trivedi’s continued service with CTS through each applicable vesting date, as described in the filing footnote.

Under which plan was the CTS (CTS) CEO’s stock award granted?

The award was granted under the CTS Corporation 2018 Equity and Incentive Compensation Plan. This plan provides equity and incentive compensation, and the Form 4 specifies that the 14,253-share restricted stock grant was made pursuant to this framework.
SEC Form 4
FORM 4UNITED 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*
Trivedi Pratik

(Last)(First)(Middle)
4925 INDIANA AVE

(Street)
LISLE ILLINOIS 60532

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
CTS CORP [ CTS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
President & CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/06/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock07/06/2026A14,253(1)A$60.3423,635D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Restricted stock award granted pursuant to the CTS Corporation 2018 Equity and Incentive Compensation Plan that vests ratably over three years commencing on the first anniversary of the grant date, subject to the reporting person's continued service through such date.
Debra S. Rouse, attorney-in-fact for Pratik Trivedi07/07/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)