Commercial Vehicle Group (CVGI) grants 23,483 shares to director Ari Levy
Filing Impact
Filing Sentiment
Form Type
4
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
2 transactions reported
Mixed
2 txns
Insider
Levy Ari B., Lakeview Opportunity Fund LLC, Lakeview Opportunity Fund GP, LLC, LIG Fund Management, LLC
Role
null | null | null | null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 per share | 23,483 | $0.00 | -- |
| holding | Common Stock, par value $0.01 per share | -- | -- | -- |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 23,483 shares (Direct, null);
Common Stock, par value $0.01 per share — 3,265,752 shares (Indirect, See Footnote)
Footnotes (1)
- 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. 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. 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
Equity grant: 23,483 shares
Grant price: $0.00 per share
Indirect holdings: 3,265,752 shares
+1 more
4 metrics
Equity grant
23,483 shares
Common stock granted to Ari B. Levy at $0.00 per share
Grant price
$0.00 per share
Price for 23,483-share award to Ari B. Levy
Indirect holdings
3,265,752 shares
Common stock held indirectly by Lakeview Opportunity Fund LLC
Vesting date
June 4, 2027
Latest vesting date for Levy’s 23,483-share grant
Key Terms
Grant, award, or other acquisition, Second Amended and Restated 2020 Equity Incentive Plan, beneficial ownership, investment manager
4 terms
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
Second Amended and Restated 2020 Equity Incentive Plan financial
"pursuant to the Second Amended and Restated 2020 Equity Incentive Plan, Mr. Levy may not sell"
beneficial ownership financial
"specifically disclaims beneficial ownership of the securities reported herein"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
investment manager financial
"LIG Fund Management, LLC, as the investment manager of Lakeview Opportunity Fund LLC"
FAQ
What did CVGI director Ari B. Levy report in this Form 4 filing?
Ari B. Levy reported receiving 23,483 CVGI common shares as an equity grant. The shares were awarded at $0.00 per share and represent compensation, not an open‑market purchase, and are subject to vesting and post‑vesting sale restrictions.
What indirect CVGI holdings are associated with Lakeview Opportunity Fund LLC?
Lakeview Opportunity Fund LLC holds 3,265,752 CVGI common shares indirectly reported in the filing. These shares may also be deemed beneficially owned by related entities and Ari B. Levy through their roles as managing member and investment manager.
How does this CVGI Form 4 treat beneficial ownership for the reporting persons?
The reporting persons disclaim beneficial ownership of CVGI securities they do not directly own. The filing states that each reporting person specifically disclaims beneficial ownership of any securities reported that he or it does not directly hold.