Form 4: Cooper-Standard Holdings Inc. Executive MaryAnn Peterson Kanary Reports Stock Transactions
SEC Form 4 Filing
MaryAnn Peterson Kanary, a Senior Vice President at Cooper-Standard Holdings Inc., reported the vesting and disposal of restricted stock units (RSUs) on March 1, 2025.
Summary
- On March 1, 2025, MaryAnn Peterson Kanary, a Senior Vice President, Chief Legal Officer, and Secretary at Cooper-Standard Holdings Inc., reported transactions involving the company's common stock.
- Kanary disposed of 3,896 shares of common stock upon the vesting of restricted stock units (RSUs).
- Additionally, 1,115 shares were disposed of at a price of $15.14.
- Following these transactions, Kanary directly owns 5,364 shares of Cooper-Standard Holdings Inc. common stock and 7,794 restricted stock units.
- The RSUs were granted on February 14, 2024, under the company's 2021 Omnibus Incentive Plan and vest in three equal installments on the anniversaries of March 1, 2024.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to stock transactions by an executive. It doesn't inherently indicate positive or negative sentiment about the company's performance.
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.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive stock ownership and transactions.
Key Dates
| Date | Description |
|---|---|
| 2024-02-14 | Date of RSU grant under the 2021 Omnibus Incentive Plan |
| 2024-03-01 | First vesting anniversary of the RSUs |
| 2025-03-01 | Date of reported transactions (RSU vesting and stock disposal) |
| 2025-03-04 | Date of signature on the Form 4 filing |
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