Form 4: Director Christine M. Moore Reports Changes in Beneficial Ownership of Cooper-Standard Holdings Inc. Stock

Christine M. Moore, a director of Cooper-Standard Holdings Inc., reports the acquisition and disposition of common stock and restricted stock units.

Summary

• On May 16, 2024, Christine M. Moore, a director of Cooper-Standard Holdings Inc., reported changes in her beneficial ownership of the company's securities.
• Moore acquired 10,092 shares of common stock through the vesting of restricted stock units (RSUs).
• She also acquired 7,693 restricted stock units (RSUs) granted on May 16, 2024, under the company's 2021 Omnibus Incentive Plan.
• Following these transactions, Moore directly owns 33,603 shares of common stock and 7,693 RSUs.
• The RSUs 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, subject to continued service as a director and any deferral election.

Sentiment

Score: 5

Explanation: Neutral sentiment as the document simply reports transactions without indicating positive or negative implications for the company's performance.

Positives

• The acquisition of shares through RSU vesting indicates confidence in the company's future performance.

Future Outlook

The RSUs 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, subject to continued service as a director and any deferral election.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.

Stakeholder Impact

• Shareholders can monitor insider transactions to gain insights into management's perspective on the company's value.

Key Dates