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CPI Aerostructures (NYSE: CVU) boosts base pay for CEO and CFO

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

CPI Aerostructures, Inc. increased executive base salaries following action by its Compensation and Human Resources Committee. The annual base salary of CEO and President Dorith Hakim was raised from $405,000 to $425,000, effective as of May 1, 2026. The annual base salary of CFO and Secretary Robert Mannix was increased from $300,000 to $325,000, effective as of July 1, 2026. These changes reflect updated compensation levels for the company’s two most senior executives.

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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
CEO prior base salary $405,000 per year Annual base salary of CEO Dorith Hakim before increase
CEO new base salary $425,000 per year Annual base salary of CEO Dorith Hakim effective May 1, 2026
CFO prior base salary $300,000 per year Annual base salary of CFO Robert Mannix before increase
CFO new base salary $325,000 per year Annual base salary of CFO Robert Mannix effective July 1, 2026
Form type Form 8-K Current report disclosing executive salary changes
Compensation and Human Resources Committee financial
"On June 8, 2026, the Compensation and Human Resources Committee of the Board of Directors..."
Emerging growth company regulatory
"405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934... Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
Inline XBRL technical
"104 | Cover Page Interactive Data File (embedded within the Inline XBRL document)."
Inline XBRL is a file format for financial filings that embeds machine-readable data tags directly inside the human-readable report, so the same document can be read by people and parsed by software. For investors it makes extracting, comparing and verifying financial numbers faster and more reliable—like a grocery list where each item also has a barcode—reducing manual errors and speeding up analysis.
Annual base salary financial
"increased the annual base salary of Dorith Hakim... and increased the annual base salary of Robert Mannix..."
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false 0000889348 0000889348 2026-06-08 2026-06-08 iso4217:USD xbrli:shares iso4217:USD xbrli:shares
 

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported): June 8, 2026

 

CPI AEROSTRUCTURES, INC.
(Exact Name of Registrant as Specified in Charter)

 

New York   001-11398   11-2520310
(State or Other Jurisdiction
of Incorporation)		   (Commission
File Number)		   (IRS Employer
Identification No.)

 

91 Heartland Boulevard, Edgewood, New York   11717
(Address of Principal Executive Offices)   (Zip Code)

 

Registrant’s telephone number, including area code: (631) 586-5200

 

N/A
(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e 4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading symbol(s)   Name of each exchange on which registered
Common stock, $0.001 par value per share   CVU   NYSE American

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

Item 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

Item 5.02(e)Compensatory Arrangements of Certain Officers.

 

On June 8, 2026, the Compensation and Human Resources Committee of the Board of Directors of CPI Aerostructures, Inc. (the “Company”) increased the annual base salary of Dorith Hakim, the Company’s Chief Executive Officer and President, from $405,000 to $425,000, effective as of May 1, 2026, and increased the annual base salary of Robert Mannix, the Company’s Chief Financial Officer and Secretary, from $300,000 to $325,000, effective as of July 1, 2026.

 

Item 9.01Financial Statements and Exhibits.

 

(d) Exhibits:

 

Exhibit Description
104  Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

2

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Dated: June 11, 2026 CPI AEROSTRUCTURES, INC.
       
  By: /s/ Robert Mannix  
    Robert Mannix  
    Chief Financial Officer  

 

3

Source: View Original Filing on SEC EDGAR

FAQ

What executive compensation changes did CPI Aerostructures (CVU) disclose?

CPI Aerostructures disclosed raises in base salaries for its CEO and CFO. CEO Dorith Hakim’s salary rose to $425,000, and CFO Robert Mannix’s salary increased to $325,000, with effective dates in May and July 2026.

How much did CPI Aerostructures (CVU) increase the CEO’s base salary?

The company increased CEO and President Dorith Hakim’s annual base salary from $405,000 to $425,000. The change is effective as of May 1, 2026 and reflects an adjustment approved by the board’s Compensation and Human Resources Committee.

What is CPI Aerostructures (CVU) paying its CFO after the raise?

After the raise, CPI Aerostructures’ CFO and Secretary, Robert Mannix, will receive an annual base salary of $325,000. His base pay was previously $300,000, and the new rate becomes effective on July 1, 2026.

Who approved the executive salary increases at CPI Aerostructures (CVU)?

The Compensation and Human Resources Committee of CPI Aerostructures’ Board of Directors approved the salary increases. Their decision raised the base pay of CEO Dorith Hakim and CFO Robert Mannix, with specific new amounts and effective dates disclosed.

When do the new CPI Aerostructures (CVU) executive salaries take effect?

The CEO’s new salary takes effect as of May 1, 2026, and the CFO’s new salary takes effect as of July 1, 2026. These effective dates were specified for the updated annual base compensation levels.

Filing Exhibits & Attachments

3 documents

Other Documents