Agrawal Ashish 4
Research Summary
AI-generated summary
CTS CORP (CTS) CFO Ashish Agrawal Receives 6,002-Share Award
What Happened
Ashish Agrawal, Chief Financial Officer of CTS CORP (CTS), received a restricted stock award of 6,002 shares on February 11, 2026. The award is reported at $57.15 per share, for a total grant value of $343,014. This was an equity grant (award), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-02-11; Form 4 filed: 2026-02-13 (timely filing).
- Transaction type/code: Award/Grant (A).
- Shares granted: 6,002; price per share reported: $57.15; total reported value: $343,014.
- Shares owned after transaction: Not disclosed in this filing.
- Footnote: Grant is a restricted stock award under the CTS Corporation 2018 Equity and Incentive Compensation Plan. Vesting: ratably over three years beginning on the first anniversary of the grant date, subject to continued service.
- No tax-withholding, 10b5-1 plan, or late-filing flags were reported.
Context
Restricted stock awards are compensation that typically vest over time and are subject to service requirements; the shares generally aren’t fully transferable until they vest. This grant aligns the CFO’s compensation with company equity but, by itself, is a form of compensation rather than a market-direction trade.