Hawkins John M 4

What Happened John M. Hawkins, Senior Vice President of CTS Corporation, was granted two restricted stock awards on 2026-06-01 totaling 2,010 shares (1,253 shares and 757 shares). The awards were granted at $0.00 per share (no cash paid at grant). These are compensation awards rather than open-market purchases or sales.

Key Details

• Transaction date: 2026-06-01; Grant/award code: A.
• Awards: 1,253 shares @ $0.00 and 757 shares @ $0.00 (total 2,010 shares).
• Plan: Granted under the CTS Corporation 2018 Equity and Incentive Compensation Plan.
• Vesting (from filing footnotes):
  • F1 (1,253 shares): vests ratably over three years beginning on the first anniversary of the grant, subject to continued service.
  • F2 (757 shares): two-year cliff; vests in full on the second anniversary of the grant, subject to continued service.
• Shares owned after the transaction are not specified in the filing.
• Filing: Reported on 2026-06-03 for a 2026-06-01 grant; the filing date suggests the Form 4 was submitted within the typical two-business-day window.

Context Restricted stock awards are a common form of executive compensation intended to retain employees and align interests with shareholders; they do not represent an immediate market purchase or sale and cannot be sold until vested (and any applicable transfer restrictions lapse). These grants should be viewed as compensation, not a direct bullish or bearish trading signal.