Commercial Vehicle Group grants CEO 611K-share award

Available on EDGAR 11/12/2026 - 04:01 PM EST Accepted by SEC EDGAR 11/12/2026 - 04:01 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Commercial Vehicle Group, Inc. (CVGI) President & CEO David Ruppel was granted two direct common-stock awards on November 9, 2026: 611,481 shares as make-whole equity awards for equity he forfeited at his prior employer, and 198,757 shares as inducement awards for accepting employment. The first award vests 50% on each of November 9, 2027 and November 9, 2028; the second vests in three substantially equal annual installments on March 31, 2028, March 31, 2029 and March 31, 2030.

Insider Trade Summary

Grant/Award: 810,238 shares

Grant/Award 2 txns

Insider Ruppel David

Role President & CEO

Type	Security	Shares	Price	Value
Grant/Award	Common Stock, $0.01 par value F1	611,481	$0.00	$0.00
Grant/Award	Common Stock, $0.01 par value F2	198,757	$0.00	$0.00

Holdings After Transaction: Common Stock, $0.01 par value — 810,238 shares (Direct)

Footnotes (2)

1. F1. The Reporting Person was granted these shares as the make-whole equity awards for equity he forfeited as his prior employer as material inducements to his acceptance of employment with the Company in accordance with Nasdaq Listing Rule 5635(c)(4). These shares vest 50% on each of November 9, 2027 and November 9, 2028.
2. F2. The Reporting Person was granted these shares as the as material inducements to his acceptance of employment with the Company in accordance with Nasdaq Listing Rule 5635(c)(4). These shares vest in three substantially equal annual installments on March 31, 2028, March 31, 2029 and March 31, 2030.

Key Figures

Make-whole stock award: 611,481 shares Employment-inducement stock award: 198,757 shares

2 metrics

Make-whole stock award 611,481 shares Granted to David Ruppel on November 9, 2026; vests 50% on each of November 9, 2027 and November 9, 2028.

Employment-inducement stock award 198,757 shares Granted to David Ruppel on November 9, 2026; vests in three substantially equal annual installments on March 31, 2028, March 31, 2029 and March 31, 2030.

Key Terms

make-whole equity awards, Nasdaq Listing Rule 5635(c)(4)

2 terms

make-whole equity awards financial

"the 611,481-share grant was described as make-whole equity awards"

Nasdaq Listing Rule 5635(c)(4) regulatory

"the awards were granted as material inducements under Nasdaq Listing Rule 5635(c)(4)"

NASDAQ Listing Rule 5635(c)(4) is a rule that requires a company to get approval from its shareholders before selling a large amount of its shares, usually over 20%. This helps protect investors by making sure the company doesn't flood the market with new shares without their say, which could lower the stock's value.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What stock awards did CVGI CEO David Ruppel receive?

On November 9, 2026, CVGI President & CEO David Ruppel was granted 611,481 shares as make-whole equity awards and 198,757 shares as employment-inducement awards. The first award vests 50% on each of November 9, 2027 and November 9, 2028; the second vests in three substantially equal annual installments on March 31, 2028, March 31, 2029 and March 31, 2030.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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SEC Form 4

FORM 4

UNITED 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^*

Ruppel David

(Last) (First) (Middle)

COMMERCIAL VEHICLE GROUP, INC.

7800 WALTON PARKWAY

(Street)

NEW ALBANY OHIO 43024

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President & CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
11/09/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock, $0.01 par value	11/09/2026		A		611,481	A	$0	611,481(1)	D
Common Stock, $0.01 par value	11/09/2026		A		198,757	A	$0	810,238(2)	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The Reporting Person was granted these shares as the make-whole equity awards for equity he forfeited as his prior employer as material inducements to his acceptance of employment with the Company in accordance with Nasdaq Listing Rule 5635(c)(4). These shares vest 50% on each of November 9, 2027 and November 9, 2028.

2. The Reporting Person was granted these shares as the as material inducements to his acceptance of employment with the Company in accordance with Nasdaq Listing Rule 5635(c)(4). These shares vest in three substantially equal annual installments on March 31, 2028, March 31, 2029 and March 31, 2030.

Remarks:

	/s/ Aneezal H. Mohamed, under Power of Attorney	11/12/2026
	** Signature of Reporting Person	Date
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)