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CPI Aerostructures (NASDAQ: CVU) CEO reports 75,126-share grant and related forfeitures

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
  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.
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
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.
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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*
Hakim Dorith

(Last)(First)(Middle)
C/O CPI AEROSTRUCTURES, INC.
91 HEARTLAND BOULEVARD

(Street)
EDGEWOOD NEW YORK 11717

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
CPI AEROSTRUCTURES INC [ CVU ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
CEO and President
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/08/2026
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 Stock06/08/2026A75,126(1)A$0351,541D
Common Stock06/08/2026D40,199(2)D$0311,342D
Common Stock06/08/2026F13,013(3)D$3.4791298,329D
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. 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.
2. Represents shares of Common Stock forfeited to the Issuer, in accordance with restricted stock agreements between the Issuer and the Reporting Person.
3. Represents shares returned to the Issuer to pay withholding tax in accordance with restricted stock agreements between the Issuer and the Reporting Person.
/s/ Dorith Hakim06/10/2026
** 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 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.

How many CPI Aerostructures (CVU) shares does the CEO hold after these transactions?

After the reported Form 4 transactions, CEO Dorith Hakim directly holds 351,541 shares of CPI Aerostructures common stock. This total reflects the net result of the 75,126-share equity grant, 40,199-share forfeiture, and 13,013 shares returned to satisfy tax withholding obligations.

What is the nature of the 75,126-share award to the CPI Aerostructures (CVU) CEO?

The 75,126-share award to the CPI Aerostructures CEO is an equity grant under the 2025 Long Term Incentive Plan. These shares are subject to both time-based and performance-based vesting, scheduled in equal installments over four years, aligning compensation with longer-term company performance.

Why did CPI Aerostructures (CVU) CEO forfeit 40,199 shares in the Form 4 filing?

The CEO forfeited 40,199 shares of common stock back to CPI Aerostructures under restricted stock agreements. The filing states these shares were forfeited to the issuer in accordance with those agreements, which typically govern vesting conditions and potential forfeiture provisions on equity awards.

What does the 13,013-share tax withholding transaction mean for CPI Aerostructures (CVU) CEO?

The 13,013-share transaction represents shares returned to CPI Aerostructures to pay withholding tax under restricted stock agreements. Instead of paying cash, shares are surrendered at a price of $3.4791 per share, a common mechanism for meeting tax obligations on equity compensation.