secwatch.observer — SEC 8-K summary
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Issuer:     CTS CORP (CTS)
CIK:        0000026058
Form:       8-K
Filed at:   2026-06-25T20:00:15+00:00
Accession:  0001193125-26-282712
Event type: leadership
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

CTS CEO Kieran O'Sullivan steps down; COO Pratik Trivedi named new CEO effective July 6
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- Kieran O'Sullivan transitions from CEO to Executive Chairman effective July 6, 2026.
- Pratik Trivedi, formerly COO since Dec 2025, appointed President and CEO effective same date.
- Trivedi's base salary $675,000, target cash bonus 100% of salary, LTI award $2.15M (60% PSUs, 40% RSUs).
- O'Sullivan as Executive Chairman receives $625,000 base salary, 100% target bonus, no new LTI.
- Trivedi also joins Board, increasing size from 8 to 9 directors.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/26058/000119312526282712/0001193125-26-282712-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/26058/000119312526282712/cts-20260625.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-282712

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer