Form 4: Cooper-Standard Director Receives RSUs
Statement of Changes in Beneficial Ownership
Cooper-Standard Holdings Inc. director Sonya F. Sepahban was granted 3,937 restricted stock units on May 14, 2026, under the company's 2021 Omnibus Incentive Plan.
Summary
- Sonya F. Sepahban, a Director at Cooper-Standard Holdings Inc., was granted 3,937 Restricted Stock Units (RSUs) on May 14, 2026.
- These RSUs are part of the Cooper-Standard Holdings Inc. 2021 Omnibus Incentive Plan, as amended and restated.
- The RSUs are time-based and will vest on the earlier of the first anniversary of the grant date or the first annual shareholders meeting after the grant date, provided Sepahban continues to serve as a director.
- The company has the discretion to settle the RSUs by issuing shares or paying an equivalent cash amount based on the fair market value at vesting.
- The filing indicates Sepahban's beneficial ownership of 3,937 shares of common stock following this transaction.
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 Sepahban received a grant of 3,937 RSUs, indicating continued investment in the company's long-term performance.
- The RSU grant is tied to continued service as a director, aligning management incentives with shareholder interests.
- The vesting schedule is clearly defined, providing transparency on when the equity will become fully owned.
Risks
- The value of the RSUs is subject to the company's stock performance, meaning a decline in share price could reduce the ultimate value received by the director.
- Continued service as a director is a condition for vesting, implying a risk of forfeiture if Sepahban ceases to be a director before the vesting date.
Future Outlook
The future outlook for the RSUs depends on the continued service of Sonya F. Sepahban as a director and the future performance of Cooper-Standard Holdings Inc.'s stock price, which will determine the settlement value upon vesting.
Industry Context
StockSavvy.ai notes that grants of restricted stock units to directors are a common practice in the automotive supplier industry to incentivize long-term commitment and align executive interests with shareholder value.
Stakeholder Impact
- Shareholders: The grant of RSUs aligns director incentives with long-term shareholder value creation, but the ultimate value depends on stock performance.
- Employees: This filing does not directly impact employees, but it reflects the company's compensation structure for its board.
- Management: The RSU grant is a form of compensation for the director's service.
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, subject to continued service.
- Settlement of RSUs by the company through book entry for shares or cash payment upon vesting.
Key Dates
| Date | Description |
|---|---|
| 05/14/2026 | Grant date of Restricted Stock Units (RSUs) to Sonya F. Sepahban. |
| 05/18/2026 | Date the Form 4 filing was signed. |
Keywords
Cooper-Standard Holdings Inc., CPS, Form 4, Restricted Stock Units, RSUs, Director Compensation, Equity Grant, Securities Ownership, Beneficial Ownership, Omnibus Incentive Plan
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.