Boss John G. 4
4 · Cooper-Standard Holdings Inc. · Filed May 18, 2026
Research Summary
AI-generated summary of this filing
Cooper-Standard (CPS) Director John G. Boss Receives RSU Award
What Happened
- John G. Boss, a director of Cooper-Standard Holdings Inc. (CPS), received a grant of 3,937 time‑based restricted stock units (RSUs) and had previously granted RSUs converted/vested on May 14, 2026. The filing shows conversion/exercise of 7,527 derivative units and a contemporaneous disposal (withholding) of 7,527 shares to satisfy tax obligations. The RSU award is reported at $0 on the Form 4 (common for equity awards reported as units); no open‑market purchase or cash sale of shares occurred.
Key Details
- Transaction date: May 14, 2026; Form 4 filed May 18, 2026 (filed on time).
- Items reported:
- Exercise/conversion (code M): 7,527 shares acquired (derivative conversion).
- Grant/award (code A): 3,937 RSUs granted @ $0.00 (reported value $0).
- Exercise/conversion (code M) / disposition: 7,527 shares disposed @ $0.00 (withholding to cover taxes).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Notable footnotes:
- F1: Company may settle vested RSUs either by issuing shares or paying cash equal to the fair market value at vesting.
- F2/F4: The 3,937 RSUs were granted 5/14/2026; the converted 7,527 likely relate to prior RSUs (granted 5/15/2025).
- F3: Vesting occurs on the earlier of the first anniversary of the grant or the first annual shareholders’ meeting after grant, subject to continued service.
Context
- This appears to be routine equity compensation and vesting activity for a director: previously granted RSUs vested (converted) and the company withheld shares (a net/share withholding or "cashless" settlement) to cover taxes. Such transactions are standard compensation events and are not the same as the insider buying or selling stock in the open market.
Insider Transaction Report
Form 4
Boss John G.
Director
Transactions
- Exercise/Conversion
Common stock
[F1]2026-05-14+7,527→ 86,865 total - Award
Restricted Stock Units
[F2][F1][F3]2026-05-14+3,937→ 3,937 total→ Common stock (3,937 underlying) - Exercise/Conversion
Restricted Stock Units
[F4][F1][F3]2026-05-14−7,527→ 0 total→ Common stock (7,527 underlying)
Footnotes (4)
- [F1]The company, in its sole discretion, settles such RSU's by electing either to (i) make 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 or (ii) deliver an amount of cash equal to the fair market value, determined as of the vesting date, of a number of shares equal to the number of RSU's that have vested.
- [F2]These are time-based restricted stock units (RSUs) granted to the reporting person on May 14, 2026, under Cooper-Standard Holdings Inc. 2021 Omnibus Incentive Plan, as amended and restated.
- [F3]Subject to the reporting person's continued service as a director, these RSU's vest and are no longer subject to forfeiture on the earlier of the first anniversary of the grant date or the date of the first annual shareholders meeting of the company that occurs after the grant date, subject to the director's deferral election, if applicable.
- [F4]These are time-based restricted stock units (RSUs) granted to the reporting person on May 15, 2025, under Cooper-Standard Holdings Inc. 2021 Omnibus Incentive Plan, as amended and restated.
Signature
/s/ Denise Balog, on behalf of John G. Boss under power of attorney|2026-05-18