Clark Patrick 4
4 · Cooper-Standard Holdings Inc. · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
Cooper-Standard (CPS) Clark Patrick Exercises RSUs, Sells Shares
What Happened Clark Patrick, President, Sealing Systems and Chief Manufacturing Officer of Cooper-Standard Holdings (CPS), had time‑based restricted stock units (RSUs) vest and be settled on March 1, 2026. A total of 20,086 RSUs were exercised/converted (6,826 + 6,234 + 7,026). To cover tax liabilities, 8,760 shares were surrendered/withheld at $38.44 per share for total cash value of $336,734 (three withholdings: $114,436; $104,518; $117,780). Additionally, 11,326 shares were transferred as a gift to a revocable family trust for which he is sole trustee.
Key Details
- Transaction date: March 1, 2026; filing date: March 3, 2026 (timely filing).
- Derivative/exercise entries: 20,086 RSUs converted (codes M); tax withholding entries: 2,977 + 2,719 + 3,064 = 8,760 shares (code F) at $38.44/share, total ~$336,734.
- Gift: 11,326 shares transferred (code G) to a revocable family trust (footnote F2).
- Footnotes: RSUs were time‑based grants from 2023, 2024 and 2025 (F3–F8); the company settles vested RSUs by book entry in the reporting person’s name (F1).
- Shares owned after the transaction are not specified in the excerpt of this filing.
Context
- These were RSU settlements (not open‑market purchases). The tax liability was satisfied by surrendering shares (share‑withholding), a common administrative step and not necessarily a directional signal about sentiment. Gifts to a family trust are personal transfers and do not indicate a market view.
Insider Transaction Report
Form 4
Clark Patrick
See Remarks
Transactions
- Exercise/Conversion
Common stock
[F1]2026-03-01+6,826→ 6,826 total - Tax Payment
Common stock
2026-03-01$38.44/sh−2,977$114,436→ 3,849 total - Exercise/Conversion
Common stock
[F1]2026-03-01+6,234→ 10,083 total - Tax Payment
Common stock
2026-03-01$38.44/sh−2,719$104,518→ 7,364 total - Exercise/Conversion
Common stock
[F1]2026-03-01+7,026→ 14,390 total - Tax Payment
Common stock
2026-03-01$38.44/sh−3,064$117,780→ 11,326 total - Gift
Common stock
2026-03-01−11,326→ 0 total - Gift
Common stock
[F2]2026-03-01+11,326→ 53,820 total(indirect: By Trust) - Exercise/Conversion
Restricted Stock Units
[F3][F1][F4]2026-03-01−6,826→ 0 total→ Common stock (6,826 underlying) - Exercise/Conversion
Restricted Stock Units
[F5][F1][F6]2026-03-01−6,234→ 6,235 total→ Common stock (6,234 underlying) - Exercise/Conversion
Restricted Stock Units
[F7][F1][F8]2026-03-01−7,026→ 14,054 total→ Common stock (7,026 underlying)
Footnotes (8)
- [F1]The company settles such RSUs by making an appropriate book entry in the reporting person's name for a number of shares equal to the number of RSU's that have vested.
- [F2]Revocable family trust for which Reporting Person is the sole trustee.
- [F3]These are time-based restricted stock units (RSUs) granted to the reporting person on February 15, 2023, under Cooper-Standard Holdings Inc. 2021 Omnibus Incentive Plan.
- [F4]Subject to the reporting person's continued employment with the company or its affiliates through the applicable vesting date, one third of these RSUs shall vest and no longer be subject to forfeiture on each of the first three anniversaries of March 1, 2023
- [F5]These are time-based restricted stock units (RSUs) granted to the reporting person on February 14, 2024, under Cooper-Standard Holdings Inc. 2021 Omnibus Incentive Plan , as amended and restated.
- [F6]Subject to the reporting person's continued employment with the company or its affiliates through the applicable vesting date, one third of these RSUs shall vest and no longer be subject to forfeiture on each of the first three anniversaries of March 1, 2024.
- [F7]These are time-based restricted stock units (RSUs) granted to the reporting person on February 12, 2025, under Cooper-Standard Holdings Inc. 2021 Omnibus Incentive Plan, as amended and restated.
- [F8]Subject to the reporting person's continued employment with the company or its affiliates through the applicable vesting date, one third of these RSUs shall vest and no longer be subject to forfeiture on each of the first three anniversaries of the date of March 1, 2025.
Signature
/s/ Denise Balog, on behalf of Patrick Clark, under Power of Attorney|2026-03-03