Form 4: Cooper-Standard Holdings CEO Jeffrey Edwards Reports Stock Transactions
SEC Form 4 Filing
Jeffrey S. Edwards, Chairman and CEO of Cooper-Standard Holdings Inc., reports the vesting and settlement of performance stock units (PSUs) and related stock transactions.
Summary
- On February 14, 2025, Jeffrey S. Edwards, Chairman and CEO of Cooper-Standard Holdings Inc., reported transactions involving Cooper-Standard Holdings Inc. common stock.
- These transactions include the vesting and settlement of 70,240 performance stock units (PSUs).
- Edwards also disposed of 24,900 shares to cover tax obligations at a price of $13.51 per share.
- Following these transactions, Edwards directly owns 267,477 shares of common stock.
- He also indirectly owns 13,200 shares through a family trust and 22,900 shares through a living trust.
Sentiment
Score: 6
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't contain overtly positive or negative information, reflecting a neutral sentiment.
Future Outlook
The PSUs will settle on or as soon as practicable following February 14, 2025, subject to continued employment through December 31, 2024.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Next Steps
- Settlement of the vested PSUs on or soon after February 14, 2025.
Key Dates
| Date | Description |
|---|---|
| February 16, 2022 | Date performance-based stock units (PSUs) were granted to the reporting person. |
| February 14, 2024 | Date the Company determined that applicable performance vesting criteria were satisfied. |
| December 31, 2024 | Date through which the reporting person's continued employment is required for PSUs to vest. |
| February 14, 2025 | Date of the reported transactions, including PSU vesting and stock disposal. |
| February 18, 2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Stock Transactions, Performance Stock Units, Cooper-Standard Holdings, Jeffrey Edwards, CEO
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