Form 4: CTS Corp CFO Ashish Agrawal Reports Stock Transactions
SEC Form 4 Filing
Ashish Agrawal, CFO of CTS Corp, reports acquisition and disposal of common stock and restricted stock units.
Summary
- On February 5, 2025, Ashish Agrawal, CFO of CTS Corp, reported transactions involving CTS Corp common stock.
- Agrawal acquired 14,320 shares of common stock through the payout of 2022-2024 performance-based restricted stock units at $0.
- He also acquired 5,631 shares of common stock through time-based restricted stock units generally vesting 1/3 annually at $0.
- Additionally, Agrawal disposed of 6,480 shares of common stock at a price of $47.96.
- Following these transactions, Agrawal beneficially owns 133,749 shares of CTS Corp common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, which carries a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a key executive.
Key Dates
| Date | Description |
|---|---|
| 02/05/2025 | Date of stock transactions (acquisition and disposal). |
| 02/07/2025 | Date of signature on the Form 4 filing. |
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