Cooper-Standard (CPS) SVP & Chief Legal Officer Receives RSUs

What Happened

• Kanary MaryAnn Peterson, Senior Vice President and Chief Legal Officer of Cooper-Standard Holdings Inc. (CPS), had 3,619 restricted stock units (RSUs vest) on August 7, 2026. Of those, 1,578 shares were withheld to cover tax withholding at $31.40 per share (totaling $49,549). The net result was delivery of 2,041 shares to Peterson.
• This was a compensation vesting event (award settlement), not an open-market sale or purchase.

Key Details

• Transaction date: August 7, 2026; Form 4 filed August 11, 2026 (filed within the normal two-business-day reporting window).
• Gross vested: 3,619 RSUs; Tax withholding disposition: 1,578 shares at $31.40/share for $49,549; Net shares delivered: 2,041.
• Footnotes: These were RSUs granted August 7, 2023 under the 2021 Omnibus Incentive Plan; vesting schedule is one-third per year on each anniversary of the grant (subject to continued employment).
• Shares owned after transaction: The filing shows net 2,041 shares delivered from this vesting, but the Form 4 provided here does not disclose Peterson’s total CPS holdings after the transaction.

Context

• This was a routine vesting and company settlement of RSUs with shares withheld to satisfy tax obligations (common practice). It is not an open-market sale or purchase and does not, by itself, indicate a change in insider sentiment.
• The filing lists derivative/vesting activity (coded M) and tax-withholding disposition (coded F); in plain terms, RSUs vested and the company withheld shares for taxes.