Agrawal Ashish 4

What Happened
Agrawal Ashish, Chief Financial Officer of CTS CORP (CTS), surrendered a total of 4,314 shares of CTS common stock to satisfy tax withholding obligations tied to vested restricted stock. The shares were recorded as dispositions on 2026-02-09 at a per-share price of $55.58, totaling approximately $239,772 (827 shares = $45,965; 866 shares = $48,132; 2,621 shares = $145,675). This was a tax-withholding share surrender rather than an open-market sale.

Key Details

• Transaction date: 2026-02-09; Form 4 filed: 2026-02-11. No late filing flag indicated in the report.
• Price per share: $55.58 for each tranche.
• Total shares surrendered: 4,314; total value ≈ $239,772.
• Footnote: F1 — shares were surrendered to satisfy tax withholding obligations upon vesting of restricted stock.
• Shares owned after the transaction: not specified in the provided summary of the filing.

Context
This is a routine tax-withholding disposition (transaction code F) that occurs when restricted shares vest and an insider surrenders some shares to cover required taxes. Such transactions are administrative and do not necessarily reflect the insider’s view of the company’s prospects, unlike open-market purchases which are often viewed as more informative.