CTS (CTS) Chief Legal Officer Mark Pacioni Receives Award

What Happened

• Mark R. Pacioni, Chief Legal and Administrative Officer of CTS Corporation (CTS), was granted 3,693 restricted shares on 2026-02-11 at a reported grant value of $57.15 per share, totaling $211,055. This was an award/acquisition (Form 4 code A), not a market purchase or sale.

Key Details

• Transaction date and price: 2026-02-11; 3,693 shares @ $57.15 each (grant value $211,055).
• Transaction type: Restricted stock award (acquisition).
• Vesting: Award vests ratably over three years, commencing on the first anniversary of the grant date, subject to continued service (footnote).
• Shares owned after transaction: Not disclosed in the provided filing.
• Filing timeliness: Form 4 filed 2026-02-13 for a 2026-02-11 transaction (appears timely).

Context

• This was a time‑based restricted stock award, designed for retention and incentive; the shares are not immediately free to sell and will vest over the stated schedule if service continues. Such awards align insiders with shareholders but do not indicate immediate buying or selling in the market.