CTS COO surrenders shares for tax withholding
CTS CORP Chief Operating Officer Pratik Trivedi reported routine share dispositions tied to tax withholding, not open-market sales.
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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 9,382 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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,742 | $61.75 | $108K |
| Exercise Price or Tax Liability | Common Stock | 314 | $61.75 | $19K |
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
Key Terms
tax-withholding disposition financial
restricted stock agreement financial
Form 4 regulatory
Chief Operating Officer financial
FAQ
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What insider transaction did CTS (CTS) report for Pratik Trivedi?
Was the CTS (CTS) insider transaction an open-market sale?
What does transaction code F mean in the CTS (CTS) Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.