Cpi Aerostruct SEC Filings

CPI Aerostructures director Michael Faber reported receiving 18,182 shares of common stock on January 15, 2026. The shares are issuable under a Restricted Stock Unit Agreement dated that day, granted as 2026 director compensation under the company’s 2025 Incentive Equity Plan. The RSUs vest one year from the grant date. The grant was reported at a price of $0 per share, reflecting that it is an equity award rather than an open-market purchase. After this award, Faber beneficially owns 173,141 shares of CPI Aerostructures common stock, all reported as directly held.

CPI Aerostructures Inc. director receives stock-based compensation. Director Richard S. Caswell was awarded 21,212 shares of common stock on January 15, 2026, at a price of $0 per share, as part of his 2026 director compensation. According to the award terms, these shares are issuable under the company’s 2025 Incentive Equity Plan and will vest one year from the grant date. Following this grant, Caswell beneficially owns 174,934 shares of CPI Aerostructures common stock, held directly.

CPI Aerostructures director Terry Dean Stinson reported an equity grant of common stock. On January 15, 2026, he was awarded 25,000 shares of CPI Aerostructures common stock at a price of $0 per share, recorded as an acquisition. This award is tied to a Restricted Stock Unit Agreement dated January 15, 2026 for his 2026 director compensation under the company’s 2025 Incentive Equity Plan, and the units vest one year from the grant date. Following this grant, Stinson beneficially owns 320,404 common shares, held directly.

CPI Aerostructures Inc. director Pamela Levesque reported an equity grant for 2026 service. On January 15, 2026, she was awarded 15,152 shares of common stock at a price of $0 per share, reflecting stock granted as compensation rather than a market purchase. According to the footnote, these shares are issuable under a Restricted Stock Unit Agreement dated January 15, 2026 for 2026 director compensation under the company’s 2025 Incentive Equity Plan and will vest one year from the grant date. After this award, Levesque beneficially owns 99,011 shares of CPI Aerostructures common stock in direct ownership.

CPI Aerostructures director and former CFO Pamela Levesque received 4,419 shares of common stock on January 8, 2026 as equity compensation. The shares were issued at a stated price of $0.00 per share for services she provided as the company’s interim chief financial officer during December 2025 under CPI Aerostructures’ Amended and Restated 2016 Long-Term Incentive Plan. Following this award, she directly beneficially owns 83,859 shares of the company’s common stock.

CPI Aerostructures Inc reported that director and interim chief financial officer Pamela Levesque received two stock awards as compensation for her service. On 12/02/2025 she acquired 15,595 shares of common stock at $0.00 per share for work performed from July through September 2025 under the company’s Amended and Restated 2016 Long-Term Incentive Plan. On 12/17/2025 she acquired an additional 13,256 shares at $0.00 per share for work performed from October through November 2025 under the same plan. Both grants are fully vested, and she directly owned 79,443 shares of common stock after these transactions.

CPI Aerostructures, Inc. entered into a new Loan and Security Agreement with Western Alliance Bank providing a $10,000,000 revolving credit line and a $10,000,000 term loan. Both facilities bear interest at a variable rate based on 1‑month Term SOFR plus a margin and mature on December 12, 2030, with the term loan repaid in quarterly installments starting April 5, 2026. The company, together with subsidiaries Welding Metallurgy, Inc. and Compac Development Corporation, granted the bank a first‑priority security interest in substantially all personal property assets and agreed to financial covenants, including a minimum fixed charge coverage ratio of 1.25x and a maximum funded leverage ratio starting at 3.75x. About $6,220,722.34 from the new facilities, including the full term loan, was used to repay in full the prior BankUnited credit agreement, which was terminated without prepayment penalties; remaining availability is intended for working capital and general corporate purposes.

CPI Aerostructures, Inc. appointed Robert Mannix as Chief Financial Officer and Secretary, including the same roles at its wholly owned subsidiaries Welding Metallurgy, Inc. and Compac Development Corporation. Mannix, 58, brings more than 30 years of accounting and financial leadership experience from public and private companies, most recently as Executive Vice President and Chief Accounting Officer and Head of Tax and Treasury at West Technology Group, LLC.

He will receive an annual base salary of $300,000, with beginning in fiscal 2026 eligibility for an annual cash bonus targeted at 40% of base salary and long-term equity incentives also targeted at 40% of base salary, split between time-based and performance-based restricted stock. A severance and change in control agreement provides salary continuation for up to 52 weeks if terminated without cause, and, if termination occurs within 18 months after a change in control under specified conditions, payments including 1.5 times prior-year base salary, bonus components, accelerated vesting of stock options and restricted stock, six months of continued benefits, and a six-month non-competition period.

CPI Aerostructures, Inc. (CVU) filed an 8-K stating it furnished a press release announcing financial results for the quarter ended June 30, 2025. The press release is included as Exhibit 99.1 and was issued on November 13, 2025. The disclosure was furnished under Item 2.02 and, as stated, is not deemed “filed” for purposes of Section 18 of the Exchange Act or incorporated by reference unless expressly noted.