O'SULLIVAN KIERAN M 4

What Happened
Kieran O'Sullivan, President & CEO and a director of CTS Corporation (CTS), was granted 24,596 restricted shares (transaction code A) on Feb 12, 2026. The grant is recorded at $56.92 per share, with a total grant value of $1,400,004. This was an equity award (compensation), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-12; Filing date (Form 4): 2026-02-13 (filed the next day, timely under Rule 16b-3/Form 4 timing).
• Grant: 24,596 restricted shares at $56.92 per share; total value $1,400,004.
• Shares owned after transaction: Not specified in the provided filing details.
• Footnote: The shares are restricted stock that vests ratably over three years commencing on the first anniversary of the grant date, subject to continued service.
• Transaction type: Award/Grant (code A); no 10b5-1 plan, tax withholding, or sale noted in this filing.

Context
Restricted stock awards are a form of compensation that typically tie the executive’s equity to continued service and long-term performance through vesting. Such grants are common for executives and do not by themselves indicate a buying or selling decision by the insider.