Form 4: Cooper-Standard Director Receives RSUs
Statement of Changes in Beneficial Ownership
Stephen A. Van Oss, a Director at Cooper-Standard Holdings Inc., was granted 3,937 restricted stock units (RSUs) on May 14, 2026, vesting on the first anniversary of the grant date or the next annual shareholder meeting.
Summary
- Stephen A. Van Oss, 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 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.
- The settlement of these RSUs can be made in either company stock or an equivalent cash amount, at the company's discretion.
- The reporting person, Stephen A. Van Oss, has a beneficial ownership of these securities.
- The filing was made on May 18, 2026, and is signed by Denise Balog on behalf of Stephen A. Van Oss under a power of attorney.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine equity grant to a director and does not contain new financial performance data or strategic shifts.
Positives
- Director compensation through equity awards like RSUs can align management interests with shareholder value.
- The grant of RSUs indicates continued investment in the company's leadership.
- The vesting schedule is tied to continued service, incentivizing long-term commitment.
Negatives
- No specific financial performance metrics are associated with this RSU grant, making it difficult to assess direct performance linkage.
- The potential for cash settlement introduces currency risk for the recipient if the company chooses that option.
Risks
- The value of the RSUs is subject to the future stock price performance of Cooper-Standard Holdings Inc.
- If the reporting person's service as a director terminates before the vesting date, the RSUs may be forfeited.
- The company's discretion in settling RSUs in cash or stock introduces uncertainty for the recipient regarding the form of compensation.
Future Outlook
The RSUs are subject to vesting conditions based on continued service and time, with settlement expected on or after the first anniversary of the grant date or the next annual shareholder meeting.
Industry Context
StockSavvy.ai notes that the issuance of Restricted Stock Units (RSUs) to directors is a common practice in the automotive parts industry to attract, retain, and incentivize key leadership by aligning their financial interests with the company's long-term performance and stock value.
Stakeholder Impact
- Shareholders: The RSU grant represents a form of compensation that dilutes existing share ownership, but it also aims to align director interests with long-term shareholder value creation.
- Employees: This filing does not directly impact employees, but it is part of the broader compensation structure for company leadership.
- Management: The RSU grant serves as an incentive for the director to remain with the company and contribute to its success.
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.
- Settlement of vested RSUs by Cooper-Standard Holdings Inc. through book entry of shares or cash payment.
- Continued service by Stephen A. Van Oss as a Director.
Key Dates
| Date | Description |
|---|---|
| 05/14/2026 | Grant date of Restricted Stock Units (RSUs) and earliest transaction date. |
| 05/18/2026 | Date the Form 4 filing was signed. |
Keywords
Form 4, SEC Filing, Cooper-Standard Holdings Inc., CPS, Stephen A. Van Oss, Director, Restricted Stock Units, RSUs, Beneficial Ownership, Equity Compensation, Insider Trading
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