Form 4: Cooper-Standard Director Receives Restricted Stock Units

Christine M. Moore, a Director at Cooper-Standard Holdings Inc., was granted 3,937 restricted stock units on May 14, 2026, vesting on the first anniversary of the grant date or the next annual shareholder meeting.

Summary

• Christine M. Moore, a Director of Cooper-Standard Holdings Inc. (CPS), received a grant of 3,937 restricted stock units (RSUs) on May 14, 2026.
• These RSUs are part of the Cooper-Standard Holdings Inc. 2021 Omnibus Incentive Plan.
• The RSUs are time-based and will vest on the earlier of the first anniversary of the grant date or the date of the first annual shareholders meeting following the grant date, provided Ms. Moore continues her service as a director.
• The company may settle these RSUs by issuing shares or paying an equivalent cash amount based on the fair market value at vesting.
• This filing is made under Section 16(a) of the Securities Exchange Act of 1934.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a standard equity grant to a director rather than a significant financial event or strategic shift.

Positives

• Director compensation through equity awards like RSUs can align management and director interests with shareholders.
• The grant of RSUs indicates continued investment in retaining key personnel, such as directors.

Risks

• The value of the RSUs is subject to the future stock price performance of Cooper-Standard Holdings Inc.
• Vesting is contingent on continued service, meaning any departure before vesting would result in forfeiture of the RSUs.

Future Outlook

The RSUs are subject to vesting conditions tied to continued service and specific future dates, indicating a forward-looking incentive structure for the director.

Industry Context

StockSavvy.ai notes that the issuance of restricted stock units to directors is a common practice in the automotive supply industry to incentivize long-term performance and alignment with shareholder value.

Related Party Transactions

• The grant of Restricted Stock Units to Director Christine M. Moore is a related party transaction, as it involves compensation to a key insider.

Stakeholder Impact

• Shareholders: The RSU grant is a form of compensation that dilutes existing ownership slightly upon vesting and settlement, but is intended to align director interests with long-term shareholder value.
• Employees: This filing does not directly impact employees, but reflects the company's compensation philosophy for its board.
• Management: The grant reinforces the company's incentive structure for its board members.

Next Steps

• Vesting of RSUs on the earlier of the first anniversary of the grant date or the date of the first annual shareholders meeting after the grant date, subject to continued service.
• Potential settlement of RSUs through share issuance or cash payment upon vesting.

Key Dates

Keywords

Cooper-Standard Holdings Inc., CPS, Form 4, SEC Filing, Restricted Stock Units, RSUs, Director Compensation, Equity Awards, Beneficial Ownership, Insider Trading