STOCK TITAN

CTS Form 4: Pacioni Receives 4,600 Restricted Stock Units

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

Rhea-AI Filing Summary

CTS Corporation (CTS) filed a Form 4 showing that Chief Legal & Administrative Officer Mark R. Pacioni received 4,600 restricted stock units (RSUs) on 07/29/2025. The award is coded “A” (grant) and carries a cash price of $0, indicating it is part of routine equity compensation rather than an open-market purchase. According to the footnote, the RSUs vest one-third annually. After the grant, Pacioni’s direct beneficial ownership totals 4,600 CTS common shares; no derivative securities were reported. The transaction is small relative to CTS’s share count and does not signal any change in strategic outlook or provide new financial information. Overall, this is a standard insider equity award with negligible impact on the company’s capital structure or valuation.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: Routine RSU grant to senior officer; alignment positive but financially immaterial—market impact neutral.

The filing records a standard time-based RSU award to CTS’s Chief Legal & Administrative Officer. At roughly 4,600 shares, the grant is de minimis versus CTS’s public float and therefore does not meaningfully dilute shareholders. Because it is not an open-market purchase, it offers limited signaling value beyond normal retention incentives. No sales or derivative positions were disclosed, and total ownership now matches the award amount, suggesting this is Pacioni’s initial equity stake. From an investor standpoint, the event neither alters earnings expectations nor affects liquidity; accordingly, I classify the impact as neutral.

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).
1. Name and Address of Reporting Person*
Pacioni Mark R.

(Last) (First) (Middle)
4925 INDIANA AVENUE

(Street)
LISLE IL 60532

(City) (State) (Zip)
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 Legal and Admin. Officer
3. Date of Earliest Transaction (Month/Day/Year)
07/29/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 07/29/2025 A 4,600(1) A $0 4,600 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Grant of time-based restricted stock units generally vesting 1/3 annually.
/s/ Ashish Agrawal, Attorney-in-Fact 07/29/2025
** 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.

FAQ

How many CTS shares did Mark R. Pacioni acquire?

4,600 restricted stock units were granted to the officer.

What is the vesting schedule of the RSUs reported in the Form 4 for CTS?

The RSUs vest one-third annually according to the filing.

Did the CTS insider pay for the shares?

No; the transaction price is listed as $0, indicating an equity award.

What is Mark R. Pacioni’s total CTS share ownership after the transaction?

His direct beneficial ownership is 4,600 shares following the award.

Does the Form 4 include any derivative securities for CTS?

No derivative securities were reported in Table II.
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1.25B
28.39M
2.15%
97.03%
0.97%
Electronic Components
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United States
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