Cooper-Standard 8-K: Leadership/Compensatory Changes Reported
Ticker: CPS · Form: 8-K · Filed: Jan 29, 2024 · CIK: 1320461
Complexity: simple
Sentiment: neutral
Topics: executive-change, compensation, corporate-governance
TL;DR
**Cooper-Standard filed an 8-K about executive changes, watch for details on leadership shifts.**
AI Summary
Cooper-Standard Holdings Inc. filed an 8-K on January 29, 2024, reporting an event that occurred on January 23, 2024. This filing indicates changes related to the departure or election of directors or officers, and/or compensatory arrangements for certain officers. While specific names or dollar amounts are not detailed in the provided excerpt, such changes can signal shifts in company strategy or leadership stability, which could impact investor confidence and the stock's future performance.
Why It Matters
Changes in leadership or executive compensation can signal strategic shifts or financial health, directly influencing investor perception and the company's stock valuation.
Risk Assessment
Risk Level: medium — Without specific details on the personnel changes or compensation, the impact is uncertain, creating a moderate risk for investors.
Analyst Insight
A smart investor would monitor for subsequent filings or press releases from Cooper-Standard Holdings Inc. that provide specific details about the personnel changes and compensatory arrangements, as these will clarify the strategic implications and potential impact on the company's future performance.
Key Numbers
- $0.001 — par value per share (par value of Cooper-Standard's Common Stock)
- 001-36127 — Commission File Number (SEC file number for Cooper-Standard Holdings Inc.)
- 20-1945088 — IRS Employer Identification No. (IRS number for Cooper-Standard Holdings Inc.)
Key Players & Entities
- Cooper-Standard Holdings Inc. (company) — the registrant filing the 8-K
- Delaware (company) — state of incorporation for Cooper-Standard Holdings Inc.
- New York Stock Exchange (company) — exchange where Cooper-Standard's Common Stock and Preferred Stock Purchase Rights are registered
- CPS (company) — trading symbol for Cooper-Standard's Common Stock
Forward-Looking Statements
- Further details regarding the specific individuals involved in the leadership changes will be disclosed in subsequent filings or press releases. (Cooper-Standard Holdings Inc.) — high confidence, target: Q1 2024
- The market will react neutrally until specific details of the 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers' are made public. (CPS stock price) — medium confidence, target: February 2024
FAQ
What was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on January 23, 2024.
What is the full legal name of the company that filed this 8-K?
The exact name of the registrant as specified in its charter is COOPER-STANDARD HOLDINGS INC.
Where are Cooper-Standard Holdings Inc.'s principal executive offices located?
The principal executive offices of Cooper-Standard Holdings Inc. are located at 40300 Traditions Drive, Northville, Michigan 48168.
What is the trading symbol for Cooper-Standard Holdings Inc.'s Common Stock?
The trading symbol for Cooper-Standard Holdings Inc.'s Common Stock is CPS.
On which exchange are Cooper-Standard Holdings Inc.'s securities registered?
Cooper-Standard Holdings Inc.'s Common Stock and Preferred Stock Purchase Rights are registered on the New York Stock Exchange.
Filing Stats: 416 words · 2 min read · ~1 pages · Grade level 13.2 · Accepted 2024-01-29 06:20:12
Key Financial Figures
- $0.001 — ich registered Common Stock, par value $0.001 per share CPS New York Stock Exchange
Filing Documents
- cps-20240123.htm (8-K) — 27KB
- 0001320461-24-000002.txt ( ) — 188KB
- cps-20240123.xsd (EX-101.SCH) — 2KB
- cps-20240123_def.xml (EX-101.DEF) — 7KB
- cps-20240123_lab.xml (EX-101.LAB) — 30KB
- cps-20240123_pre.xml (EX-101.PRE) — 18KB
- cps-20240123_htm.xml (XML) — 4KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Cooper-Standard Holdings Inc. /S/ MARYANN PETERSON KANARY Name: MaryAnn Peterson Kanary Title: Senior Vice President, Chief Legal Officer and Secretary Date: January 29, 2024