CPI Aerostructures director granted 21,212 shares

CPI Aerostructures Inc. director receives stock-based compensation.

Rhea-AI Filing Summary

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.

Insider Trade Summary

Grant/Award: 21,212 shares

Grant/Award 1 txn

Insider Caswell Richard S

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	21,212	$0.00	$0.00

Holdings After Transaction: Common Stock — 174,934 shares (Direct)

Footnotes (1)

1. F1. Shares issuable pursuant to a Restricted Stock Unit Agreement dated January 15, 2026, granted for 2026 director compensation under the Registrant????????s 2025 Incentive Equity Plan, vesting one year from the date of grant.

FAQ

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

What insider transaction did CPI Aerostructures (CVU) report for Richard S. Caswell?

Director Richard S. Caswell reported acquiring 21,212 shares of CPI Aerostructures common stock on January 15, 2026, recorded at $0 per share as stock-based compensation.

How many CPI Aerostructures (CVU) shares does Richard S. Caswell own after this transaction?

After the reported transaction, Richard S. Caswell beneficially owns 174,934 shares of CPI Aerostructures common stock, held directly.

What is the nature of the 21,212-share grant to the CPI Aerostructures (CVU) director?

The 21,212 shares are issuable under a Restricted Stock Unit Agreement dated January 15, 2026, granted as 2026 director compensation under CPI Aerostructures’ 2025 Incentive Equity Plan.

When do the restricted stock units for CPI Aerostructures (CVU) director Richard S. Caswell vest?

The restricted stock units tied to the 21,212 shares granted for 2026 director compensation are scheduled to vest one year from the January 15, 2026 grant date.

Is the CPI Aerostructures (CVU) Form 4 transaction a purchase in the market?

No. The Form 4 shows a code "A" transaction at $0 per share, reflecting a stock-based award (restricted stock units for director compensation), not an open-market purchase.

Does Richard S. Caswell report direct or indirect ownership of his CPI Aerostructures (CVU) shares?

The filing indicates direct (D) ownership of 174,934 shares of CPI Aerostructures common stock after the reported grant.

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

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Accepted by SEC EDGAR 01/20/2026 - 03:35 PM Learn about SEC filing dates

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^*

Caswell Richard S

(Last) (First) (Middle)

C/O CPI AEROSTRUCTURES, INC

91 HEARTLAND BOULEVARD

(Street)

EDGEWOOD NY 11717

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CPI AEROSTRUCTURES INC [ CVU ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

3. Date of Earliest Transaction (Month/Day/Year)
01/15/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	01/15/2026		A		21,212(1)	A	$0	174,934	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. Shares issuable pursuant to a Restricted Stock Unit Agreement dated January 15, 2026, granted for 2026 director compensation under the Registrant????????s 2025 Incentive Equity Plan, vesting one year from the date of grant.

	Richard S. Caswell	01/20/2026
	** 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.
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