Form 4: Rogers Corp Appoints Jeff Tsao as President of AES, Grants Equity

Rogers Corp announced the appointment of Jeff Tsao as President of Advanced Electronic Solutions, accompanied by an award of 2,304 time-based restricted stock units.

Summary

• Jeff Tsao was appointed President of Advanced Electronic Solutions (AES) at Rogers Corp on July 14, 2025.
• He acquired 2,304 shares of Rogers Corp common stock through an award of Time-Based Restricted Stock Units (RSUs).
• The RSUs convert to common stock on a one-for-one basis under the 2019 Long-Term Equity Compensation Plan.
• These RSUs vest in equal one-third increments on each of the first three anniversaries of the grant date, contingent on continued employment.
• Following this transaction, Jeff Tsao beneficially owns 9,061 shares of Rogers Corp common stock directly.

Sentiment

Score: 7

Explanation: The filing indicates a positive development with a key executive appointment and standard equity compensation, aligning management incentives. No negative financial or operational news is present.

Positives

• Appointment of Jeff Tsao as President of Advanced Electronic Solutions, indicating strategic leadership in a key segment.
• Grant of 2,304 Time-Based Restricted Stock Units aligns management incentives with shareholder interests.

Risks

• Forfeiture of unvested Restricted Stock Units if employment terminates for any reason other than death or disability.

Future Outlook

The award of Time-Based Restricted Stock Units is designed to incentivize long-term employment and performance, with vesting contingent on continued service over three years.

Management Comments

• On July 14, 2025, the Reporting Person was appointed to serve as the Issuer's President of Advanced Electronic Solutions ("President of AES").

Industry Context

This filing reflects a standard practice in corporate executive compensation, where equity awards are used to align the interests of key management with long-term company performance. The appointment of a President for Advanced Electronic Solutions suggests a focus on this specific business segment within Rogers Corp, which operates in advanced materials and components.

Comparison to Industry Standards

• The grant of Time-Based Restricted Stock Units (RSUs) with a three-year vesting schedule is a common executive compensation practice across various industries, including materials and electronics.
• Companies like DuPont, 3M, and other specialty materials or electronics manufacturers frequently utilize similar equity incentive plans to retain and motivate senior leadership.
• The one-for-one conversion of RSUs to common stock is also standard.
• Specific comparable projects or results are not detailed in this Form 4, as it focuses on individual compensation rather than company-wide performance.

Management Changes

Corporate Governance

Stakeholder Impact

• Shareholders: Potential positive impact due to executive appointment and incentive alignment, fostering long-term value creation.
• Employees: Appointment of a new division president may signal strategic direction for the Advanced Electronic Solutions segment.

Next Steps

• Continued employment of Jeff Tsao as President of AES.
• Vesting of the 2,304 Restricted Stock Units in equal one-third increments on the first three anniversaries of the grant date.

Key Dates

Recommendation

Keywords

Rogers Corp, ROG, SEC Form 4, Restricted Stock Units, RSU, Equity Compensation, Executive Appointment, Jeff Tsao, Advanced Electronic Solutions, Corporate Governance