Cooper-Standard (CPS) VP/CIO Somasundhar Receives 300 Shares; 86 Withheld

What Happened Venkatasubramanian Somasundhar, Vice President and Chief Information Technology Officer of Cooper-Standard Holdings Inc. (CPS), had 300 restricted stock units (RSUs convert/vest) settle on 2026-09-15. To cover tax withholding, 86 of those shares were surrendered/withheld at $23.08 per share for a total withholding of $1,985. The remaining shares were issued to the reporting person (net ~214 shares).

Key Details

• Transaction date: 2026-09-15; Form filed 2026-09-16 (timely).
• Transactions reported: conversion/settlement of 300 RSU units (derivative exercise/conversion code M) and withholding/disposition of 86 shares for tax liability (code F) at $23.08/share, total $1,985.
• Footnotes: F1—company settles vested RSUs by book entry; F2—these RSUs were granted on 2025-09-15 under the 2021 Omnibus Incentive Plan; F3—grant vests one-third on each of the first three anniversaries, subject to continued employment.
• Shares owned after the transaction: not specified in the filing excerpt.

Context This filing reflects a routine RSU vesting and associated tax withholding (not an open-market sale). The derivative-code lines represent the conversion/settlement of RSUs into common shares and the company withholding shares to satisfy taxes. Such vesting events are common compensation occurrences and do not by themselves indicate insider sentiment about the company.