VAN OSS STEPHEN A 4
Research Summary
AI-generated summary
Cooper‑Standard (CPS) Director Stephen Van Oss Receives RSU Award
What Happened
- Stephen A. Van Oss, a director of Cooper‑Standard Holdings Inc. (CPS), was granted 3,937 restricted stock units (RSUs) on May 14, 2026. The award is reported as a derivative acquisition (code A) with $0 per‑share purchase price (grant value shown as $0 in the filing). This is a compensation award, not an open‑market purchase or sale.
Key Details
- Transaction date: 2026-05-14; Form 4 filed: 2026-05-18 (timely filing).
- Grant: 3,937 RSUs; reported price: $0.00 (derivative award).
- Shares owned after transaction: not disclosed in the filing.
- Footnotes: (1) RSUs awarded under the 2021 Omnibus Incentive Plan; (2) company may settle vested RSUs either by issuing shares (book entry) or paying cash equal to fair market value at vesting; (3) RSUs vest on the earlier of the first anniversary of the grant or the company’s first annual shareholders meeting after the grant, subject to continued service and any director deferral election.
- Transaction code: A = Award/Grant (not a purchase or sale).
Context
- These are time‑based director compensation awards that convert to shares or cash only if and when they vest; they do not represent an immediate market purchase or sale. Such grants are common as part of board compensation and do not by themselves indicate a personal buying or selling signal.