|4Feb 9, 4:04 PM ET

Agrawal Ashish 4

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CTS CFO Ashish Agrawal Surrenders 931 Shares for Taxes

What Happened Ashish Agrawal, Chief Financial Officer of CTS Corp (CTS), surrendered 931 shares on Feb 5, 2026 to satisfy tax withholding obligations tied to the vesting of restricted stock. The shares were valued at $54.19 each, for a total of $50,451. This was a tax-withholding disposition (transaction code F), not an open-market sale.

Key Details

  • Transaction date: 2026-02-05; price per share: $54.19; total value: $50,451 (disposed).
  • Shares surrendered: 931.
  • Shares owned after transaction: Not disclosed in the filing.
  • Filing date / accession: Report filed 2026-02-09 (appears timely).
  • Footnote: F1 — shares were surrendered to satisfy tax withholding upon vesting of restricted stock.

Context Tax-withholding share surrenders are routine when restricted awards vest and generally reflect payroll-tax obligations rather than a deliberate decision to sell stock for investment reasons. This transaction should not be interpreted as a directional buy/sell signal by itself.