Form 4: Cooper-Standard Holdings Executive Settles Performance Stock Units
SEC Form 4 Filing
Christopher Couch, a Cooper-Standard Holdings executive, settled performance-based stock units (PSUs) on February 14, 2025, resulting in changes to his beneficial ownership of common stock.
Summary
- On February 14, 2025, Christopher Couch, President, Fluid Handling Systems and Chief Technology Officer of Cooper-Standard Holdings Inc., settled performance-based stock units (PSUs).
- This transaction involved the acquisition of 8,964 shares of common stock through the settlement of PSUs and the disposition of 3,013 shares to cover tax obligations.
- Following these transactions, Couch directly owns 21,391 shares of Cooper-Standard Holdings Inc. common stock.
Sentiment
Score: 5
Explanation: This is a routine disclosure of insider transactions related to executive compensation. It doesn't inherently indicate positive or negative sentiment about the company's performance.
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.
Key Dates
| Date | Description |
|---|---|
| February 16, 2022 | Date the 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 the PSUs to vest. |
| February 14, 2025 | Date of the transaction involving the settlement of performance stock units (PSUs). |
| February 18, 2025 | Date of signature on the Form 4 filing. |
Keywords
Cooper-Standard Holdings, Christopher Couch, Performance Stock Units, PSUs, Beneficial Ownership, Form 4, SEC, Common Stock, Insider Trading
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