CTS executive granted 3,500 restricted shares
CTS Corporation Senior Vice President Pratik Trivedi received an equity grant of 3,500 shares of common stock.
Rhea-AI Filing Summary
CTS Corporation Senior Vice President Pratik Trivedi received an equity grant of 3,500 shares of common stock. The Form 4 reports this as an acquisition at a reference price of $57.15 per share, increasing his directly held stake to 11,438 shares.
The award is restricted stock granted under the CTS Corporation 2018 Equity and Incentive Compensation Plan. It vests in equal installments over three years, beginning on the first anniversary of the grant date, and is contingent on continued service with the company.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,500 | $57.15 | $200K |
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 continued service.
FAQ
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What insider transaction did CTS (CTS) report for Pratik Trivedi?
At what price was the CTS (CTS) restricted stock award reported?
What are the vesting terms of the CTS (CTS) restricted stock granted to Pratik Trivedi?
Under which plan was the CTS (CTS) restricted stock award to Pratik Trivedi granted?
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