Kanary MaryAnn Peterson 4

What Happened

• Kanary MaryAnn Peterson, Senior Vice President, Chief Legal Officer and Secretary of Cooper‑Standard (CPS), had 5,130 vested performance units converted to shares and those 5,130 shares were disposed to the issuer at $34.15 each, generating $175,190. On the same date (Feb 12, 2026) she was granted a total of 15,309 derivative awards (8,325 time‑based RSUs and 6,984 PSUs) at $0.00 value (these are equity awards, not open‑market purchases).

Key Details

• Transaction date: February 12, 2026; Form 4 filed February 17, 2026 (filing appears timely given the Feb 16 federal holiday).
• Sale/Disposition: 5,130 shares sold to the issuer at $34.15 per share for total proceeds of $175,190 (transaction code D).
• Grants/Awards: 8,325 RSUs (time‑based) and 6,984 PSUs (performance‑based) granted (transaction code A); these are derivative awards that vest per the footnote schedules.
• Conversion/Settlement: The 5,130 shares reflect conversion/exercise of vested PSUs/derivatives (transaction code M) that were then settled/disposed to the issuer.
• Shares owned after the transaction: Not specified in the provided filing excerpt.
• Relevant footnotes: RSUs settle by book entry and vest one‑third each year starting March 1, 2026 (F2–F4). PSUs may be settled in shares or cash at the company’s discretion; some PSUs were deemed to satisfy performance criteria and have specific future vesting/settlement dates (F1, F5–F9).

Context

• This filing mainly reports equity awards and the settlement of vested performance units; the disposition to the issuer typically reflects a company repurchase or withholding (often to cover taxes or cash settlement) rather than an open‑market sale.
• A = award/grant, M = exercise/conversion of a derivative, D = disposition to issuer. These transactions are routine compensation and award settlements; they are factual disclosures and do not, by themselves, indicate management’s investment intent.