CTS CEO O'Sullivan sells 130,000 shares for $8,484,804.95 via 10b5-1 plan; retains 307,693 shares
Kieran M O'Sullivan, who was CEO at the time, executed 3 separate sales totaling 130,000 shares for $8,484,804.95 across 2026-06-01 to 2026-06-03 at prices ranging from $63.31 to $66.67. This transaction is part of a pre-arranged 10b5-1 trading plan adopted on 2026-03-02, making it scheduled rather than discretionary. The sales reduced his holdings by 29.7%, from 437,693 shares to 307,693 shares post-transaction. His prior trades at CTS over five separate dates in December 2024 saw 30-day declines ranging from -3.7% to -7.7% and 90-day declines ranging from -20.6% to -23.6%, establishing a historical context of sales preceding stock weakness at this specific ticker. The stock currently trades at $67.04, within 0.1% of its 52-week high of $66.99, and has risen 18.6% over 30 days and 31.0% over 90 days.