Form 4: CTS Corp CEO Kieran M. O'Sullivan Reports Stock Disposals
SEC Form 4 Filing
Kieran M. O'Sullivan, President & CEO of CTS Corp, reported the disposal of common stock to cover tax obligations.
Summary
- Kieran M. O'Sullivan, the President & CEO of CTS Corp, filed a Form 4 detailing changes in beneficial ownership.
- The report indicates the disposal of CTS Corp common stock on February 8, 2025, February 9, 2025, and February 10, 2025.
- These disposals were likely to cover tax obligations, as indicated by transaction code 'F'.
- The prices at which the stock was disposed of were $46.47 on February 8 and 9, and $46.55 on February 10.
- Following these transactions, O'Sullivan directly owns 414,410 shares of CTS Corp common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an insider. It doesn't inherently convey positive or negative sentiment, as it reflects routine financial activity.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 02/08/2025 | Disposal of 3,743 shares of Common Stock at $46.47. |
| 02/09/2025 | Disposal of 3,237 shares of Common Stock at $46.47. |
| 02/10/2025 | Disposal of 3,394 shares of Common Stock at $46.55. |
| 02/11/2025 | Date of signature for the report. |
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