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CTS (CTS) Senior VP granted time-vested restricted stock awards

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

Rhea-AI Filing Summary

Hawkins John M reported acquisition or exercise transactions in this Form 4 filing.

CTS Corporation Senior Vice President John M. Hawkins received two restricted stock awards of Common Stock on June 1, 2026 under the CTS Corporation 2018 Equity and Incentive Compensation Plan.

One grant covers 757 shares that vest ratably over three years starting on the first anniversary of the grant date. The other covers 1,253 shares that vest fully after a two-year cliff, with both awards contingent on his continued service.

Positive

  • None.

Negative

  • None.
Insider Hawkins John M
Role Senior Vice President
Type Security Shares Price Value
Grant/Award Common Stock 1,253 $0.00 --
Grant/Award Common Stock 757 $0.00 --
Holdings After Transaction: Common Stock — 1,253 shares (Direct, null)
Footnotes (1)
  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. Restricted stock award granted pursuant to the CTS Corporation 2018 Equity and Incentive Compensation Plan. The shares are subject to a two-year cliff vesting schedule and will vest in full on the second anniversary of the grant date, subject to the reporting person's continued service through such date.
Restricted stock grant 1 757 shares Restricted stock award vesting ratably over three years from first anniversary of June 1, 2026 grant
Restricted stock grant 2 1,253 shares Restricted stock award with two-year cliff vesting on second anniversary of June 1, 2026
Grant price per share $0.0000 per share Both restricted stock awards granted as compensation, not purchased for cash
Shares held after first grant line 2,010 shares Total Common Stock directly held following the 757-share award transaction line
Shares held after second grant line 1,253 shares Total Common Stock directly held following the 1,253-share award transaction line
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"
ratably over three years financial
"that vests ratably over three years commencing on the first anniversary of the grant date"
two-year cliff vesting schedule financial
"The shares are subject to a two-year cliff vesting schedule and will vest in full on the second anniversary"
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Form 4 Insider Transactions: What Each Field Means →
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*
Hawkins John M
(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Senior Vice President
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026		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 Stock06/01/2026A1,253(1)A$01,253D
Common Stock06/01/2026A757(2)A$02,010D
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.
2. Restricted stock award granted pursuant to the CTS Corporation 2018 Equity and Incentive Compensation Plan. The shares are subject to a two-year cliff vesting schedule and will vest in full on the second anniversary of the grant date, subject to the reporting person's continued service through such date.
/s/ Debra S. Rouse, attorney-in-fact for John M. Hawkins06/03/2026
** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did CTS (CTS) report for John M. Hawkins?

CTS reported that Senior Vice President John M. Hawkins received two restricted stock awards of Common Stock on June 1, 2026, as compensation under the company’s 2018 Equity and Incentive Compensation Plan, rather than through open-market share purchases.

How many CTS (CTS) shares were granted to John M. Hawkins?

John M. Hawkins was granted 757 shares and 1,253 shares of CTS Common Stock in two separate restricted stock awards, providing a total of 2,010 awarded shares subject to future vesting conditions tied to his continued service.

What are the vesting terms of John M. Hawkins’s CTS restricted stock grants?

One CTS restricted stock award of 757 shares vests ratably over three years starting on the first anniversary of the grant date, while the 1,253-share award uses a two-year cliff schedule and vests in full on the second anniversary, subject to continued service.

Was cash paid for the CTS (CTS) shares granted to John M. Hawkins?

No cash was paid for these CTS shares; the Form 4 shows both restricted stock awards to John M. Hawkins at a transaction price of $0.0000 per share, indicating they were granted as equity compensation rather than purchased in the market.

Are John M. Hawkins’s CTS restricted stock awards tied to continued employment?

Yes. Both CTS restricted stock awards require John M. Hawkins to remain in service. The 757-share award vests over three years, and the 1,253-share award vests after two years, each conditioned on his continued service through the relevant vesting dates.