Core Molding Technologies, Inc. filings document a Delaware engineered materials company whose common stock trades on NYSE American under CMT, along with related preferred stock purchase rights.
The company's SEC disclosures include Form 8-K reports for quarterly and annual operating results, investor presentation materials, stock repurchase authorization, and amendments to its credit agreement. Definitive proxy statements cover board elections, executive compensation, equity awards, shareholder voting matters, and governance for a manufacturer of molded structural products serving building products, utilities, transportation, truck, industrial, and powersports markets.
CORE MOLDING TECHNOLOGIES INC director Thomas R. Cellitti reported selling a total of 1,413 shares of Common Stock in open-market transactions over three days. He sold 513 shares on June 23, 750 shares on June 24 at a weighted average price of about $24.07, and 150 shares on June 25 at $24.00 per share. After these sales, he directly owns 92,393 shares, indicating the transactions reduce but do not eliminate his equity stake.
CORE MOLDING TECHNOLOGIES INC director Thomas R. Cellitti reported open-market sales of common stock. On June 17 and 18, 2026, he sold a total of 2,507 shares at prices around $24 per share, including weighted average prices and trade prices ranging from $24.00 to $24.03. Following these transactions, he directly holds 93,806 shares of common stock.
Core Molding Technologies director Thomas R. Cellitti reported two open-market sales of Common Stock. On June 15, 2026, he sold 2,000 shares at an average price of $25.0672 per share. On June 16, 2026, he sold an additional 80 shares at $24.00 per share. Following these transactions, he directly owns 96,313 shares of Core Molding Technologies Common Stock.
Core Molding Technologies director Thomas R. Cellitti reported selling Common Stock in two open-market transactions. On June 11, 2026, he sold 900 shares at a weighted average price of $24.2276 per share. On June 12, 2026, he sold an additional 3,000 shares at a weighted average price of $24.7706 per share.
The prices on June 11 ranged from $24.10 to $24.355, and the prices on June 12 ranged from $24.505 to $25.055. After these sales, Cellitti directly owns 98,393 shares of Core Molding Technologies Common Stock.
Core Molding Technologies furnished an investor presentation outlining recent performance, growth investments and long‑term targets. The company reported 2025 sales of $274M, Gross Margin of 17.4% and Adjusted EBITDA of about $30.7M. For the trailing twelve months ended March 2026, sales were $271M with Adjusted EBITDA of $30.9M, equal to 11.4% of sales, and Adjusted Return on Capital Employed of 9.3%.
Management highlighted zero net debt, a cash balance of $24M as of March 2026 and a capital plan that includes $25M–$30M of 2026 capex, notably a $25M expansion of Mexican manufacturing capacity. The presentation notes a $150M Volvo sleeper roof contract expected to launch in early 2027, recent new business wins of $45M in 2024, $63M in 2025 and $17M in Q1 2026, and three‑to‑five‑year goals of revenues above $500M, operating income margins of 8%–10% and ROCE of 14%–16%.
Core Molding Technologies appointed President & Chief Executive Officer Eric Palomaki to its board of directors, filling a vacancy created by a prior resignation. He is not assigned to any board committee yet and will receive no additional compensation for serving as a director.
The company also entered into an amended and restated employment agreement with Mr. Palomaki, effective June 1, 2026. He will receive a base salary of $525,000, an initial grant of 20,000 shares of restricted stock vesting over three years, an annual short-term incentive targeted at 100% of base salary, and annual long-term incentives targeted at 200% of base salary. If terminated without cause, for good reason or upon qualified retirement, he is entitled to accrued obligations plus a cash amount equal to four times his base salary, while unvested equity is forfeited.
In the case of death or disability, he would receive accrued obligations, a pro‑rated short‑term incentive for the year of termination, and full accelerated vesting of equity with a cash payment based on the 20‑day average closing price of the company’s stock. The agreement includes non‑solicitation, confidentiality and non‑disparagement covenants.
Core Molding Technologies, Inc. reported that director David L. Duvall submitted his resignation from the company’s board of directors, effective June 1, 2026. The company explains that his resignation is connected to his previously announced retirement as President & Chief Executive Officer and is not due to any disagreement with management, the company, or the board.
CMT filed a Form 144 notice reporting proposed sales of common stock by a director. The filing lists three compensation-related stock grants to Thomas R. Cellitti dated 05/11/2023 (3,395 shares), 05/12/2023 (1,106 shares) and 03/08/2024 (5,399 shares). The cover block includes an address for TD Arranged Services LLC, a numeric entry $240,000.00, an identifier 88999729, and an exchange listing noted as NYSE American.
Core Molding Technologies, Inc. approved a CEO transition arrangement with President and Chief Executive Officer David L. Duvall. Under a Transition Agreement effective June 1, 2026, he will move to a part-time advisory role through December 31, 2027.
During this Advisory Period, Mr. Duvall will be a part-time employee, advising senior management as requested. The Company will pay him a $50,000 Monthly Fee. If the Company terminates his employment without Cause during the Advisory Period, he will receive Monthly Fees for the remaining months.
Core Molding Technologies, Inc. reported the results of its annual shareholder meeting. As of the record date, 9,203,045 common shares were outstanding and entitled to vote, with 7,671,210 shares present or represented by proxy, constituting a quorum.
Seven director nominees each received substantially more votes "for" than "withheld," with support ranging from 6,089,027 to 6,489,061 votes. The non-binding advisory vote on executive compensation received 6,356,450 votes for versus 54,757 against.
Shareholders also cast 5,232,267 votes for and 1,270,364 against an amendment to the 2021 Long-Term Equity Incentive Plan. Ratification of Crowe LLP as independent registered public accounting firm for the year ended December 31, 2026 received 7,099,013 votes for and 571,111 against.