Form 4: Cooper-Standard Holdings Inc. Executive Exercises and Disposes of Restricted Stock Units
SEC Form 4 Filing
MaryAnn Peterson Kanary, a Senior Vice President at Cooper-Standard Holdings Inc., executed transactions involving restricted stock units and common stock on August 7, 2024.
Summary
- On August 7, 2024, MaryAnn Peterson Kanary, a Senior Vice President, Chief Legal Officer and Secretary at Cooper-Standard Holdings Inc., engaged in transactions involving the company's stock.
- Kanary exercised 3,618 Restricted Stock Units (RSUs), which converted into 3,618 shares of common stock.
- Following the exercise, Kanary disposed of 1,035 shares of common stock at a price of $12.75 per share to cover tax obligations.
- After these transactions, Kanary directly owns 2,583 shares of Cooper-Standard Holdings Inc. common stock and 7,238 Restricted Stock Units.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of insider transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives regarding their holdings of company stock.
Key Dates
| Date | Description |
|---|---|
| 08/07/2023 | Date the restricted stock units (RSUs) were granted to the reporting person. |
| 08/07/2024 | Date of the transaction involving the exercise and disposal of RSUs and common stock. |
| 08/12/2024 | Date of signature for the Form 4 filing. |
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