CTS Corporation has a security holder who filed a Rule 144 notice to sell 25,000 shares of common stock through Merrill Lynch, with an aggregate market value of 1324250. These shares are part of 29,050,000 common shares outstanding, and the proposed sale date is 02/02/2026 on the NYSE.
The shares to be sold were acquired as stock bonuses from CTS Corporation on multiple dates in 2023 and 2024, with each grant fully paid on its respective grant date.
CTS Corporation reported a leadership change in its senior management team. On November 21, 2025, Martin Baumeister notified the company that he will resign from his role as Senior Vice President, effective at the close of business on December 5, 2025. The company states that his resignation is a personal decision to pursue another opportunity outside CTS and is not due to any disagreement with the company.
Effective the same date, December 5, 2025, CTS has appointed Pratik Trivedi, currently a Senior Vice President, as its new Chief Operating Officer. Trivedi, age 46, joined CTS in April 2024 and previously held leadership roles at Eaton Corporation plc and Cummins, Inc. CTS states that it did not enter into any material new plan or contract, nor did it change his compensation or grant equity in connection with this COO appointment.
CTS Corporation entered into a new five-year unsecured Credit Agreement providing a $300 million revolving credit facility with a bank syndicate led by Wells Fargo. The new facility replaces the company’s prior $400 million unsecured credit facility, which was terminated on November 24, 2025, after using initial borrowings to repay $63.3 million outstanding under the prior agreement.
The facility includes $20 million swing line and letter of credit sublimits and a $150 million alternative currency sublimit. Interest rates vary by loan type and are based on benchmark rates plus a margin tied to CTS’s net leverage ratio, and a quarterly commitment fee applies to unused capacity. Key covenants require a net leverage ratio not greater than 3.5 to 1.0, with a temporary step-up to 4.25 to 1.0 allowed around certain large acquisitions, and an interest coverage ratio of at least 3.0 to 1.
CTS Corp (CTS) disclosed a director equity award on a Form 4. On 11/06/2025, a director acquired 3,500 shares of common stock at $0 (coded “A”). Following the transaction, the director beneficially owns 35,913 shares, held directly.
The filing notes these were restricted stock units that vest 100% on the first anniversary of the grant date, contingent on continued service as a director through the vesting date.
CTS Corp (CTS) reported a director equity grant. On 11/06/2025, a director acquired 3,500 shares of common stock at $0 (code A), reported as a grant of restricted stock units.
The filing notes these RSUs vest 100% on the first anniversary of the grant date, contingent on continued service as a director through the vesting date. After the transaction, the reporting person beneficially owns 12,200 shares, held directly.
CTS Corp (CTS) director Robert Profusek reported acquiring 3,500 shares of common stock on 11/06/2025 at $0. The award reflects restricted stock units that vest 100% on the first anniversary of the grant date, contingent on continued service as a director.
Following the transaction, Profusek beneficially owns 101,742 shares directly and 1,800 shares indirectly through a spouse. The filing was made by one reporting person.
CTS Corp reported an initial statement of beneficial ownership by a director. The filing lists 3,500 common shares held directly as of 11/06/2025. The footnote states that certain restricted stock units vest 100% on the first anniversary of the grant date, contingent on continued service as a director through the vesting date.
CTS Corporation (CTS) reported a routine director equity award. On 11/06/2025, a director acquired 3,500 shares at $0, reported as a grant tied to restricted stock units. The filing notes these RSUs vest 100% on the first anniversary of the grant date, contingent on continued service as a director through the vesting date.
Following the transaction, the reporting person beneficially owns 46,700 shares, held directly. No derivative securities were listed.
CTS Corporation (CTS) disclosed a Form 4 for director Amy M. Dodrill. On 11/06/2025, she acquired 3,500 shares of common stock at $0, reported as a grant of restricted stock units that vest 100% on the first anniversary of the grant date, contingent on continued service as a director. After this transaction, her beneficial ownership stands at 8,800 shares, held directly.
CTS Corp (CTS) director Donna Costello reported an equity award on a Form 4. On 11/06/2025, she acquired 3,500 shares of common stock at $0 (code A). Following the transaction, her beneficial ownership stands at 19,500 shares, held directly.
The filing notes these were restricted stock units that vest 100% on the first anniversary of the grant date, contingent on her continued service as a director through the vesting date.