Form 4: Cooper-Standard Holdings Director Sepahban Receives Restricted Stock Units
SEC Form 4
Director Sonya F. Sepahban received 7,527 restricted stock units (RSUs) from Cooper-Standard Holdings Inc. on May 15, 2025, according to a Form 4 filing.
Summary
- Sonya F. Sepahban, a director of Cooper-Standard Holdings Inc., was granted 7,527 restricted stock units (RSUs) on May 15, 2025.
- 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 by issuing shares or by paying 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 continued service as a director.
Sentiment
Score: 7
Explanation: The document reflects a standard executive compensation practice, indicating stability and alignment of interests. It's a neutral to slightly positive event.
Positives
- The grant of RSUs aligns the director's interests with those of the shareholders.
- The vesting schedule incentivizes continued service as a director.
Future Outlook
The document does not contain specific forward-looking statements beyond the vesting schedule of the RSUs.
Industry Context
Granting RSUs to directors is a common practice to align their interests with those of the shareholders and incentivize long-term performance.
Stakeholder Impact
- Shareholders may view the RSU grant as a positive sign of aligning director interests with company performance.
- The director benefits from the equity compensation, incentivizing continued service and contribution to the company.
Key Dates
| Date | Description |
|---|---|
| 05/15/2025 | Date of the transaction: grant of restricted stock units. |
| 05/19/2025 | Date of signature on the Form 4 filing. |
Keywords
Restricted Stock Units, RSUs, Director, Form 4, Cooper-Standard Holdings, Sepahban, Equity Compensation
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