CTS CORP VP Mark Pacioni Surrenders 531 Shares for Tax Withholding

What Happened Mark R. Pacioni, Vice President and Chief Legal/Administrative Officer of CTS CORP (CTS), had 531 shares of CTS common stock withheld to satisfy tax withholding obligations upon vesting of restricted stock. The shares were recorded at $61.53 each, for a total value of $32,672, and were reported as a disposition (transaction code F) on July 29, 2026. This was a withholding of vested shares for taxes, not an open-market sale.

Key Details

• Transaction date and price: 2026-07-29 — 531 shares at $61.53 per share (total ≈ $32,672).
• Transaction type/code: F — shares surrendered to satisfy tax withholding on vested restricted stock.
• Shares owned after transaction: Not disclosed in the provided filing details.
• Footnote: F1 confirms the shares were surrendered to cover tax withholding upon vesting under a restricted stock agreement.
• Filing: Report filed on 2026-07-30 (covers the 2026-07-29 transaction); no late filing indicated in the provided data.

Context This is a routine tax-withholding transaction tied to the vesting of restricted stock and typically does not reflect a decision to sell shares in the market. For retail investors, such withholding is administrative and should not be interpreted as a directional insider trade.