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Commercial Vehicle Group (CVGI) director receives 23,483-share equity grant with delayed vesting

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

RANCOURT WAYNE M reported acquisition or exercise transactions in this Form 4 filing.

Commercial Vehicle Group, Inc. director Wayne M. Rancourt reported an equity award of 23,483 shares of common stock on June 2, 2026. The shares vest on the first to occur of June 4, 2027 or the company’s 2027 annual meeting of stockholders, and cannot be sold for at least one year after vesting under the Second Amended and Restated 2020 Equity Incentive Plan. Following this grant, Rancourt directly holds 256,738 shares of common stock.

Positive

  • None.

Negative

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Insider RANCOURT WAYNE M
Role null
Type Security Shares Price Value
Grant/Award Common Stock, $0.01 par value 23,483 $0.00 --
Holdings After Transaction: Common Stock, $0.01 par value — 256,738 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares granted 23,483 shares Equity award on June 2, 2026
Grant price per share $0.00 per share Director stock award, non-cash
Shares after transaction 256,738 shares Direct holdings following grant
Vesting date trigger June 4, 2027 Or 2027 annual stockholders’ meeting, whichever occurs first
Post-vesting lockup 1 year Minimum holding period after vesting under equity plan
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
vesting financial
"These shares vest on the first to occur of June 4, 2027 or the 2027 Annual Meeting"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Second Amended and Restated 2020 Equity Incentive Plan financial
"However, pursuant to the Second Amended and Restated 2020 Equity Incentive Plan, the Reporting Person may not sell"
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
RANCOURT WAYNE M

(Last)(First)(Middle)
COMMERCIAL VEHICLE GROUP, INC.
7800 WALTON PARKWAY

(Street)
NEW ALBANY OHIO 43054

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Commercial Vehicle Group, Inc. [ CVGI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/02/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock, $0.01 par value06/02/2026A23,483(1)A$0256,738D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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, the Reporting Person may not sell any shares awarded for a minimum of one-year post-vesting.
Remarks:
/s/ Aneezal Mohamed, under Power of Attorney06/04/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did CVGI director Wayne M. Rancourt report?

Wayne M. Rancourt reported an acquisition of 23,483 shares of Commercial Vehicle Group common stock as a grant or award. The shares were issued at no cash cost per share as part of his director compensation.

When do Wayne M. Rancourt’s new CVGI shares vest?

The 23,483 granted shares vest on the first to occur of June 4, 2027 or Commercial Vehicle Group’s 2027 annual stockholders’ meeting. Vesting means the shares become fully earned under the company’s equity plan.

Are there sale restrictions on Wayne M. Rancourt’s new CVGI shares?

Yes. Under the Second Amended and Restated 2020 Equity Incentive Plan, Wayne M. Rancourt may not sell any of the awarded shares for at least one year after they vest. This extends the effective holding period beyond the vesting date.

How many CVGI shares does Wayne M. Rancourt hold after this Form 4?

After the reported grant, Wayne M. Rancourt directly owns 256,738 shares of Commercial Vehicle Group common stock. This total reflects his direct holdings immediately following the award transaction disclosed in the Form 4.

What does transaction code "A" mean in Wayne M. Rancourt’s CVGI Form 4?

Transaction code “A” indicates a grant, award, or other acquisition of shares, not an open-market purchase. For Wayne M. Rancourt, the 23,483 shares were granted as compensation rather than bought on the market.