CPI Aerostructures (NASDAQ: CVU) CEO reports 75,126-share grant and related forfeitures
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CPI Aerostructures CEO Dorith Hakim reported routine equity compensation activity involving company common stock. She received a grant of 75,126 shares under the 2025 Long Term Incentive Plan, subject to time-based and performance-based vesting over four years. In connection with restricted stock agreements, 40,199 shares were forfeited back to the company and 13,013 shares were returned to cover withholding tax obligations at a price of $3.4791 per share. Following these transactions, she directly holds 351,541 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Hakim Dorith
Role
CEO and President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 75,126 | $0.00 | -- |
| Disposition | Common Stock | 40,199 | $0.00 | -- |
| Tax Withholding | Common Stock | 13,013 | $3.4791 | $45K |
Holdings After Transaction:
Common Stock — 351,541 shares (Direct, null)
Footnotes (1)
- Represents shares of Common Stock issued to the Reporting Person pursuant to the Issuer's 2025 Long Term Incentive Plan. Such shares are subject to time-based and performance-based vesting in equal installments over four years. Represents shares of Common Stock forfeited to the Issuer, in accordance with restricted stock agreements between the Issuer and the Reporting Person. Represents shares returned to the Issuer to pay withholding tax in accordance with restricted stock agreements between the Issuer and the Reporting Person.
Key Figures
Restricted stock grant: 75,126 shares
Shares forfeited to issuer: 40,199 shares
Shares for tax withholding: 13,013 shares
+2 more
5 metrics
Restricted stock grant
75,126 shares
Equity award under 2025 Long Term Incentive Plan
Shares forfeited to issuer
40,199 shares
Forfeiture under restricted stock agreements
Shares for tax withholding
13,013 shares
Returned to pay withholding tax at $3.4791/share
Share price for tax withholding
$3.4791 per share
Used to value 13,013 shares returned
Post-transaction holdings
351,541 shares
Common stock held directly after reported transactions
Key Terms
2025 Long Term Incentive Plan, time-based and performance-based vesting, restricted stock agreements, withholding tax
4 terms
2025 Long Term Incentive Plan financial
"issued to the Reporting Person pursuant to the Issuer's 2025 Long Term Incentive Plan"
time-based and performance-based vesting financial
"Such shares are subject to time-based and performance-based vesting in equal installments"
restricted stock agreements financial
"in accordance with restricted stock agreements between the Issuer and the Reporting Person"
withholding tax financial
"returned to the Issuer to pay withholding tax in accordance with restricted stock agreements"
Withholding tax is a government-required portion of a payment—such as dividends, interest, or salary—that the payer keeps back and sends directly to tax authorities before the recipient receives the money. For investors it reduces the cash they actually get and changes the after-tax return on an investment; rates and refund or credit rules vary by country and can materially affect comparisons between similar investments, like a cashier holding part of a bill to cover taxes.
FAQ
What insider transactions did CPI Aerostructures (CVU) report for CEO Dorith Hakim?
CPI Aerostructures reported that CEO Dorith Hakim received 75,126 common shares as an equity award, forfeited 40,199 shares to the company, and returned 13,013 shares to cover tax withholding obligations, all tied to restricted stock agreements and the 2025 Long Term Incentive Plan.
Was the CPI Aerostructures (CVU) Form 4 a market buy or sell by the CEO?
The Form 4 for CPI Aerostructures shows no open-market buys or sells by the CEO. Reported transactions consist of an equity grant, a forfeiture of shares to the issuer, and shares returned to the issuer for tax withholding under restricted stock agreements, all non-market events.