Form 4: Cooper-Standard Director Receives Restricted Stock Units

David John Mastrocola, a Director at Cooper-Standard Holdings Inc., was granted 3,937 restricted stock units on May 14, 2026.

Summary

• David John Mastrocola, 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 vest on the earlier of the first anniversary of the grant date or the first annual shareholders meeting after the grant date, provided Mastrocola continues to serve as a director.
• The company may settle the RSUs by issuing shares or paying an equivalent cash amount based on the fair market value at vesting.

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 aligns management interests with shareholders.
• The grant of RSUs indicates continued investment in retaining key leadership personnel.

Negatives

• No specific financial performance metrics are tied to this RSU grant in the provided document.

Risks

• The value of the RSUs is subject to the future stock price performance of Cooper-Standard Holdings Inc.
• Continued service as a director is a condition for vesting, implying potential forfeiture if service ceases before vesting.

Future Outlook

The RSUs are subject to vesting conditions, with settlement occurring upon vesting. The specific future value depends on the company's stock performance and the settlement method chosen by the company.

Industry Context

StockSavvy.ai notes that grants of restricted stock units to directors are a common practice in the automotive supply industry to incentivize long-term performance and align executive interests with shareholders.

Stakeholder Impact

• Shareholders: The grant of RSUs represents a form of compensation that could dilute existing share value if settled in stock, but also aligns director incentives with stock performance.
• Employees: This filing pertains to director compensation and does not directly impact general employee compensation or roles.
• Management: The RSU grant is a standard component of executive and director compensation packages.

Next Steps

• Vesting of RSUs on the earlier of the first anniversary of the grant date or the first annual shareholders meeting after the grant date, contingent on continued service.
• Settlement of vested RSUs by Cooper-Standard Holdings Inc. through book entry of shares or cash payment.

Key Dates

Keywords

Cooper-Standard Holdings Inc., CPS, Form 4, Restricted Stock Units, RSU, Director Compensation, Insider Trading, Equity Award, SEC Filing