Form 4: CTS Corp Director William S. Johnson Acquires and Disposes of Common Stock
SEC Form 4 Filing
A Form 4 filing reveals that CTS Corp director William S. Johnson acquired and disposed of common stock on November 7, 2024.
Summary
- On November 7, 2024, William S. Johnson, a director of CTS Corp, engaged in transactions involving the company's common stock.
- Johnson acquired 2,400 shares of common stock and disposed of 43,200 shares.
- Following these transactions, Johnson beneficially owns 43,200 shares of CTS Corp common stock.
- The acquisition of 2,400 shares was related to time-based Restricted Stock Units (RSUs) vesting on the first anniversary of the grant date.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company director, with neutral sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC for insiders of publicly traded companies, providing transparency into their trading activities.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the actions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 11/07/2024 | Date of stock acquisition and disposal transaction |
| 11/08/2024 | Date of signature on the Form 4 filing |
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