Form 4: Cooper-Standard Holdings Director Receives Restricted Stock Units

David John Mastrocola, a director at Cooper-Standard Holdings Inc., was granted 7,527 restricted stock units (RSUs) on May 15, 2025, under the company's 2021 Omnibus Incentive Plan.

Summary

• On May 15, 2025, David John Mastrocola, a director of Cooper-Standard Holdings Inc., received 7,527 restricted stock units (RSUs).
• The RSUs were granted under the company's 2021 Omnibus Incentive Plan, as amended and restated.
• The company has the discretion to settle the RSUs either through a book entry of shares or by delivering cash equal to the fair market value of the shares on the vesting date.
• The RSUs will vest on the earlier of the first anniversary of the grant date or the date of the first annual shareholders meeting after the grant date, contingent upon the director's continued service.

Sentiment

Score: 7

Explanation: The document reflects a standard executive compensation practice, indicating a stable and incentivized leadership structure. The sentiment is neutral to slightly positive.

Positives

• The grant of RSUs aligns the director's interests with those of the shareholders, incentivizing continued service and contribution to the company's success.

Risks

• The value of the RSUs is subject to the performance of Cooper-Standard Holdings Inc.'s stock, which can be influenced by various market and company-specific factors.

Future Outlook

The vesting of the RSUs is contingent upon the director's continued service, suggesting an expectation of ongoing contributions to the company.

Industry Context

Granting RSUs to directors is a common practice to align their interests with those of shareholders and incentivize long-term value creation. This is a standard form 4 filing.

Comparison to Industry Standards

• RSU grants are a typical component of executive compensation packages in publicly traded companies, aligning management's interests with shareholder value.
• The vesting schedule of one year or the first annual shareholder meeting is a fairly standard vesting period for such grants.
• Companies like Dana Incorporated and Lear Corporation, which are also in the automotive supply industry, use similar equity-based compensation plans for their executives and directors.

Stakeholder Impact

• Shareholders may view the RSU grant positively as it aligns the director's interests with the company's long-term performance.
• The director is incentivized to continue contributing to the company's success to ensure the RSUs vest.

Key Dates

Keywords

Restricted Stock Units, RSUs, Director, Cooper-Standard Holdings, Incentive Plan, Equity Compensation, Form 4