Cooper-Standard Holdings Inc.·4

May 18, 4:54 PM ET

Macouzet Flores Adriana E. 4

Research Summary

AI-generated summary

Updated

Cooper-Standard (CPS) Director Adriana Macouzet Flores Receives RSUs

What Happened

  • Adriana Macouzet Flores, a director of Cooper-Standard Holdings Inc. (CPS), had previously granted time‑based RSUs convert to shares and received a new RSU award. On May 14, 2026, 7,527 RSUs were converted/exercised into common shares; 1,130 of those shares were surrendered/withheld to cover taxes at $28.78 per share (total tax withholding = $32,521). On the same date she was granted 3,937 new time‑based RSUs (no cash value at grant).

Key Details

  • Transaction date: May 14, 2026.
  • Vest/Conversion: 7,527 RSUs converted to shares (derivative exercise/conversion).
  • Tax withholding: 1,130 shares withheld at $28.78/share for $32,521 (disposition for tax payment).
  • New award: 3,937 RSUs granted on May 14, 2026 (time‑based).
  • Vesting notes: RSUs are time‑based; prior grant (May 15, 2025) and current grant (May 14, 2026) vest typically on the earlier of one year after grant or the next annual shareholders meeting (subject to continued service and any deferral election).
  • Shares owned after transaction: Not specified in the excerpt of the filing.
  • Filing timeliness: No late‑filing indication in the provided data.

Context

  • These transactions are RSU vesting/settlement and a new RSU grant — not open‑market buys or sales indicative of directional market bets. The withholding of 1,130 shares was a tax withholding/payment (common practice) rather than a market sale. The company may settle RSUs in shares or cash at its discretion.