CTS (CTS) CEO O'Sullivan surrenders 3,680 shares to cover restricted stock taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CTS Corporation President & CEO Kieran M. O'Sullivan reported a routine tax-related share withholding. On February 6, 2026, he surrendered 3,680 shares of common stock at $55.78 per share to cover tax obligations tied to vesting restricted stock.
After this transaction, O'Sullivan directly beneficially owned 410,730 shares of CTS common stock. The filing describes a non-open-market transaction classified as code F, which typically reflects shares withheld by the company rather than discretionary selling in the market.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
O'SULLIVAN KIERAN M
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 3,680 | $55.78 | $205K |
Holdings After Transaction:
Common Stock — 410,730 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did CTS (CTS) report for its CEO on February 6, 2026?
CTS reported that President & CEO Kieran M. O'Sullivan surrendered 3,680 CTS common shares on February 6, 2026. The transaction was coded F, indicating shares withheld to satisfy tax obligations from vesting restricted stock rather than an open-market sale.
Was the CTS (CTS) CEO’s Form 4 transaction an open-market sale?
No, the CTS CEO’s transaction was not an open-market sale. It was coded F, meaning 3,680 shares were surrendered to cover tax withholding when restricted stock vested, a common administrative event rather than a discretionary stock sale.
How is the CTS (CTS) CEO’s ownership characterized in this Form 4 filing?
In this Form 4, Kieran M. O'Sullivan’s 410,730 CTS common shares are reported as directly owned. The filing lists his roles as Director and President & CEO, and does not indicate any indirect ownership through entities or disclaimers of beneficial ownership.