CTS (CTS) COO surrenders 2,056 shares to cover tax on vested stock

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

CTS CORP Chief Operating Officer Pratik Trivedi reported routine share dispositions tied to tax withholding, not open-market sales. On May 8, 2026, a total of 2,056 shares of common stock were surrendered at $61.75 per share to cover tax obligations upon vesting of restricted stock.

After these tax-withholding dispositions, Trivedi directly holds 9,696 shares of CTS CORP common stock. These transactions are compensation-related and reflect required tax payments on equity awards rather than discretionary trading in the open market.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Trivedi Pratik

Role Chief Operating Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	1,742	$61.75	$108K
Tax Withholding	Common Stock	314	$61.75	$19K

Holdings After Transaction: Common Stock — 9,696 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares surrendered for tax withholding: 2,056 shares Price per share for dispositions: $61.75 per share First tax-withholding transaction: 314 shares +2 more

5 metrics

Shares surrendered for tax withholding 2,056 shares Form 4 tax-withholding dispositions on May 8, 2026

Price per share for dispositions $61.75 per share Value used for tax-withholding dispositions on May 8, 2026

First tax-withholding transaction 314 shares Common stock surrendered on May 8, 2026, transaction code F

Second tax-withholding transaction 1,742 shares Common stock surrendered on May 8, 2026, transaction code F

Shares held after transactions 9,696 shares CTS CORP common stock directly owned by COO after May 8, 2026

Key Terms

tax-withholding disposition, restricted stock agreement, Form 4, Chief Operating Officer

4 terms

tax-withholding disposition financial

"transaction_action": "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

restricted stock agreement financial

"granted under a restricted stock agreement."

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Chief Operating Officer financial

""officer_title": "Chief Operating Officer""

A chief operating officer (COO) is a senior executive responsible for overseeing the day-to-day activities of a company, ensuring that all parts of the organization work smoothly and efficiently. They often act like a company's operational quarterback, translating strategic plans into practical actions. For investors, the COO's effectiveness can influence a company's performance and stability, making them an important figure in assessing the company's management strength.

Form 4 Insider Transactions: What Each Field Means →

05/12/2026 - 04:00 PM

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

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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Operating Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/08/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/08/2026		F		1,742⁽¹⁾	D	$61.75	9,696	D
Common Stock	05/08/2026		F		314⁽¹⁾	D	$61.75	9,382	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. 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.

	Debra S. Rouse, attorney-in-fact for Pratik Trivedi	05/12/2026
	** 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).
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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did CTS (CTS) report for Pratik Trivedi?

CTS reported that Chief Operating Officer Pratik Trivedi surrendered 2,056 shares of common stock. These were tax-withholding dispositions connected to the vesting of restricted stock, rather than open-market sales, and are part of normal equity compensation administration.

Was the CTS (CTS) insider transaction an open-market sale?

No, the transaction was not an open-market sale. The Form 4 shows code F transactions, indicating shares were surrendered to satisfy tax withholding obligations upon restricted stock vesting, a standard non-market event for equity compensation.

How many CTS (CTS) shares did the COO surrender for taxes and at what price?

The COO surrendered 2,056 CTS common shares for tax withholding, at $61.75 per share. This came from two entries of 314 and 1,742 shares, both recorded as tax-withholding dispositions on May 8, 2026 tied to restricted stock vesting.

How many CTS (CTS) shares does Pratik Trivedi hold after the Form 4 transactions?

After the reported tax-withholding dispositions, Pratik Trivedi directly holds 9,696 CTS common shares. This figure reflects his position following the May 8, 2026 surrender of shares to cover tax obligations on vested restricted stock awards.

What does transaction code F mean in the CTS (CTS) Form 4 filing?

Transaction code F indicates a tax-withholding disposition, where shares are delivered to cover exercise price or tax liabilities. In this CTS filing, shares were surrendered to satisfy tax withholding obligations when restricted stock granted to the COO vested.