CTS Corp Executives Sell Shares Under 10b5-1 Plans
| Reporter Name | Relationship | Type | Amount | SEC Filing |
|---|---|---|---|---|
| Agrawal Ashish | CFO | Sell | $362,008 | Form 4 |
| O'Sullivan Kieran M | President & CEO | Sell | $2,064,438 | Form 4 |
CTS Corp has seen significant stock transactions by its top executives, CFO Ashish Agrawal and President & CEO Kieran M O'Sullivan, under pre-arranged 10b5-1 trading plans.
Ashish Agrawal, the CFO, sold a total of 7,699 shares across three transactions on April 29, April 30, and May 1, 2024, at weighted average prices of $47.00, $47.0056, and $47.0325 respectively, resulting in total proceeds of $362,008. Following these sales, Agrawal's direct ownership in the company stands at 120,278 shares.
Kieran M O'Sullivan, the President & CEO, executed sales of 43,855 shares over the same period, with total proceeds amounting to $2,064,438. The sales were conducted at weighted average prices ranging from $47.00 to $47.1109. Post-transaction, O'Sullivan directly owns 455,643 shares of CTS Corp. Both executives' sales were carried out under 10b5-1 plans, with Agrawal's plan adopted on June 2, 2023, and O'Sullivan's on May 23, 2023.