Trivedi Pratik 4/A
4/A · CTS CORP · Filed Feb 11, 2026
Research Summary
AI-generated summary of this filing
CTS CORP SVP Pratik Trivedi Sells 125 Shares (Tax Withholding)
What Happened
Pratik Trivedi, Senior Vice President of CTS CORP (CTS), had 125 shares withheld to satisfy tax withholding obligations in connection with the vesting of restricted stock. The shares were withheld at a per-share value of $54.19 for a total of $6,774; this withholding is reported as a disposition (transaction code F) rather than an open-market sale.
Key Details
- Transaction date: 2026-02-05; filing date (amended): 2026-02-11. This Form 4 is an amendment to the original Feb 9, 2026 filing.
- Price per share: $54.19; total value of shares withheld: $6,774.
- Shares withheld/disposed: 125 shares.
- Footnote: Amendment corrects the number of shares withheld to cover tax obligations; additional shares were withheld to meet applicable tax withholding requirements.
- Timeliness: The amendment was filed on Feb 11 for a Feb 5 transaction (filed late relative to the typical 2-business-day reporting window).
Context
This was a routine tax-withholding event tied to restricted stock vesting (cashless/share-withholding), not an open-market sale or discretionary trade; such withholdings are common and generally reflect tax obligations rather than insider sentiment. The amended filing simply increases the reported number of shares withheld to satisfy taxes.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-02-05$54.19/sh−125$6,774→ 7,938 total
Footnotes (1)
- [F1]This Form 4 is being filed to amend the Form 4 originally filed on February 9, 2026 to correct the number of shares withheld to satisfy tax withholding obligations in connection with the vesting of restricted stock. The amendment reflects the withholding of additional shares to cover the applicable tax withholding requirements. No other changes have been made.