Form 4: Richard Joseph Freeland Acquires 7,527 Restricted Stock Units in Cooper-Standard Holdings Inc.

Director Richard Joseph Freeland acquired 7,527 restricted stock units (RSUs) in Cooper-Standard Holdings Inc. on May 15, 2025, according to a Form 4 filing.

Summary

• Richard Joseph Freeland, a director of Cooper-Standard Holdings Inc., acquired 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 delivering cash equal to the fair market value of the shares.
• 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, contingent upon continued service as a director.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction (granting of RSUs) and doesn't indicate any significant positive or negative sentiment. It's a neutral event from an investment perspective.

Positives

• The grant of RSUs aligns the director's interests with those of the shareholders.

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 the director's continued service.

Industry Context

This is a standard practice for compensating board members in publicly traded companies.

Comparison to Industry Standards

• Granting restricted stock units to directors is a common practice among publicly traded companies to align their interests with those of shareholders.
• The vesting schedule, contingent on continued service, is also a typical arrangement.

Stakeholder Impact

• The grant of RSUs aligns the director's interests with those of the shareholders, potentially encouraging decisions that benefit the company's long-term value.

Key Dates

Keywords

Cooper-Standard Holdings Inc., Richard Joseph Freeland, restricted stock units, RSUs, Form 4, director, acquisition, 2021 Omnibus Incentive Plan, vesting