CTS CEO granted 14,253 restricted shares
Trivedi Pratik reported acquisition or exercise transactions in this Form 4 filing.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 14,253 | $60.34 | $860K |
Footnotes (1)
- F1. 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.
Key Figures
Key Terms
Restricted stock award financial
CTS Corporation 2018 Equity and Incentive Compensation Plan financial
vests ratably over three years financial
grant date financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did CTS (CTS) CEO Pratik Trivedi report in this Form 4 filing?
Was the CTS (CTS) CEO’s transaction a stock purchase or a compensation grant?
What are the vesting terms of the CTS (CTS) CEO’s restricted stock award?
Under which plan was the CTS (CTS) CEO’s stock award granted?
AI-generated analysis. How Rhea-AI works. Not financial advice.