CVD Equipment (CVV) Director Awarded 11,100 Shares with Quarterly Vesting

Rhea-AI Filing Summary

CVD Equipment Corp. director and reported 10% owner Andrew Africk received an automatic grant of 11,100 shares of common stock on 08/08/2025 under the company’s 2022 Share Incentive Plan as part of the Director Compensation Plan. The award was issued at no cash cost and raises his reported beneficial ownership to 1,317,615 shares. The grant vests in four quarterly installments on Sep 30, 2025; Dec 31, 2025; Mar 31, 2026; and Jun 30, 2026, provided he remains a director on each vesting date. The transaction is recorded as an acquisition (Code A).

Positive

• Automatic grant increases reported insider stake to 1,317,615 shares following the acquisition
• Time-based vesting (four quarterly installments) ties the award to continued board service

Negative

• None.

Insights

Securities Analyst

TL;DR: Automatic director grant increases reported insider stake but is compensation-based, not an open-market purchase.

The Form 4 shows an automatic grant of 11,100 common shares to Andrew Africk under the company’s 2022 Share Incentive Plan, recorded as an acquisition (Code A) on 08/08/2025. The grant was issued at no cash price and will vest in four quarterly tranches only if the recipient remains a director. Because this is a compensation award rather than an open-market buy, it signals alignment of incentives and retention rather than a direct insider confidence buy.

Corporate Governance Expert

TL;DR: Standard director compensation structure with time-based vesting; aligns pay with continued board service.

The filing documents an automatic, plan-based award tied to the Director Compensation Plan and the 2022 Share Incentive Plan, with explicit quarterly vesting dates. The reporting person is identified as both a director and a 10% owner, and beneficial ownership after the grant is listed as 1,317,615 shares. This structure is consistent with retention-focused governance practices and conditions continued service for full realization.

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
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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^*

AFRICK ANDREW

(Last) (First) (Middle)

C/O SEARAY CAPITAL

111 WEST 67TH STREET

(Street)

NEW YORK NY 10023

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CVD EQUIPMENT CORP [ CVV ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
08/08/2025

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	08/08/2025		A		11,100(1)	A	$0	1,317,615	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. Automatic grant issued on the date of the Company's 2025 Annual Meeting of Shareholders pursuant to the Company's previously disclosed Director Compensation Plan. Such grant consists of Common Stock issued pursuant to the Company's 2022 Share Incentive Plan and will vest at each quarter (September 30, 2025, December 31, 2025, March 31, 2026 and June 30, 2026) provided that the recipient is still serving as a Director on the respective vesting dates.

	/s/ Andrew Afick	08/12/2025
	** 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.
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.

FAQ

What did Andrew Africk receive according to the CVV Form 4?

The Form 4 reports an automatic grant of 11,100 common shares issued at no cash cost under the 2022 Share Incentive Plan.

How many shares does the reporting person beneficially own after the transaction (CVV)?

Following the reported acquisition, beneficial ownership is listed as 1,317,615 shares.

When do the granted shares vest?

The grant vests in four quarterly installments on Sep 30, 2025; Dec 31, 2025; Mar 31, 2026; and Jun 30, 2026, conditional on continued service as a director.

Was this an open-market purchase or a compensation grant for CVV?

This was an automatic compensation grant under the Director Compensation Plan (Transaction Code A), not an open-market purchase.

What is the reporting person’s relationship to CVD Equipment (CVV)?

The reporting person is identified as a Director and a 10% owner of the issuer.