Commercial Vehicle Group (CVGI) grants 23,483 shares to director Ari Levy
Rhea-AI Filing Summary
Levy Ari B. reported acquisition or exercise transactions in this Form 4 filing.
Commercial Vehicle Group, Inc. reported an equity grant and updated director holdings. Director Ari B. Levy received 23,483 shares of common stock as a grant at $0.00 per share, which appear to be compensation-related rather than an open‑market purchase.
The grant vests on the earlier of June 4, 2027 or the 2027 annual stockholder meeting, and Levy is restricted from selling the vested shares for at least one year afterward under the company’s 2020 equity incentive plan. Separately, 3,265,752 shares are held indirectly through Lakeview Opportunity Fund LLC, an entity associated with Levy and related investment managers.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 per share | 23,483 | $0.00 | $0.00 |
| holding | Common Stock, par value $0.01 per share | -- | -- | -- |
Footnotes (3)
- F1. This Form 4 is filed jointly by Ari B. Levy, Lakeview Opportunity Fund LLC, Lakeview Opportunity Fund GP, LLC and LIG Fund Management, LLC (collectively, the "Reporting Persons"). Each of the Reporting Persons specifically disclaims beneficial ownership of the securities reported herein that he or it does not directly own.
- F2. These shares vest on the first to occur of June 4, 2027 or the 2027 Annual Meeting of Stockholders. However, pursuant to the Second Amended and Restated 2020 Equity Incentive Plan, Mr. Levy may not sell any shares awarded for a minimum of one-year post-vesting.
- F3. The securities of Commercial Vehicle Group, Inc. (the "Issuer") reported herein are held directly by Lakeview Opportunity Fund LLC. The shares held by Lakeview Opportunity Fund LLC may also be deemed to be beneficially owned by each of: Lakeview Opportunity Fund GP, LLC, as the managing member of Lakeview Opportunity Fund LLC; LIG Fund Management, LLC, as the investment manager of Lakeview Opportunity Fund LLC and Mr. Levy, as the manager of Lakeview Opportunity Fund GP, LLC and LIG Fund Management, LLC.
Key Figures
Key Terms
Grant, award, or other acquisition financial
Second Amended and Restated 2020 Equity Incentive Plan financial
beneficial ownership financial
investment manager financial
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