Form 4: Robert J. Remenar Acquires 7,527 Restricted Stock Units in Cooper-Standard Holdings Inc.
SEC Form 4 Filing
Director Robert J. Remenar acquired 7,527 restricted stock units (RSUs) in Cooper-Standard Holdings Inc. on May 15, 2025, under the company's 2021 Omnibus Incentive Plan.
Summary
- Robert J. Remenar, 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 by delivering cash equal to the fair market value of the shares on the vesting date.
- The RSUs will 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: 5
Explanation: This is a neutral event, reflecting standard executive compensation practices. It doesn't inherently indicate positive or negative sentiment.
Future Outlook
The RSUs will 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.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The acquisition of RSUs by a director aligns their interests with those of shareholders, potentially incentivizing them to work towards the company's long-term success.
Key Dates
| Date | Description |
|---|---|
| 05/15/2025 | Date of the transaction: Robert J. Remenar acquired 7,527 Restricted Stock Units. |
| 05/19/2025 | Date of signature on the Form 4 filing. |
Keywords
Restricted Stock Units, RSUs, Cooper-Standard Holdings Inc., Director, Beneficial Ownership, Form 4, Remenar
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