Form 4: Cooper-Standard Director Receives RSUs
Insider Transaction Filing
Cooper-Standard Holdings Inc. director Robert J. Remenar was granted 3,937 restricted stock units on May 14, 2026.
Summary
- Robert J. Remenar, a Director at 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 Remenar continues to serve as a director.
- The company may settle these RSUs by issuing shares of common stock or by 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 and does not contain significant financial performance data or strategic shifts.
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.
- Continued service as a director is a condition for vesting, meaning any departure before vesting would result in forfeiture of the RSUs.
Future Outlook
The vesting of these RSUs is contingent on continued service as a director and is scheduled for the earlier of the first anniversary of the grant date or the first annual shareholders meeting after the grant date.
Industry Context
StockSavvy.ai notes that the issuance of RSUs to directors is a common practice in the automotive parts industry to incentivize long-term performance and align executive interests with shareholder value.
Stakeholder Impact
- Shareholders: The grant of RSUs can dilute existing share ownership slightly, but it also aligns director interests with long-term shareholder value.
- Directors: Robert J. Remenar benefits from potential future appreciation of Cooper-Standard Holdings Inc. stock.
- Employees: This filing does not directly impact employees, but it reflects the company's compensation strategy for its board.
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.
- Potential settlement of RSUs through shares or cash at the time of vesting.
Key Dates
| Date | Description |
|---|---|
| 05/14/2026 | Grant date of Restricted Stock Units (RSUs) to Robert J. Remenar. |
| 05/18/2026 | Date of filing for the Form 4 statement. |
Keywords
Cooper-Standard Holdings Inc., CPS, Form 4, Restricted Stock Units, RSUs, Director Compensation, Equity Awards, Insider Trading, Securities Exchange Act of 1934
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