Andrew L. Davis - 16 Jun 2024 Form 4 Insider Report for CPI AEROSTRUCTURES INC (CVU)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
20 Jun 2024, 18:01:50 UTC
Prior SEC filing
30 Jun 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Andrew Davis

Key filing fact

Andrew L. Davis filed Form 4 for CPI AEROSTRUCTURES INC (CVU) on 20 Jun 2024.

Key facts

  • This page summarizes Andrew L. Davis's Form 4 filing for CPI AEROSTRUCTURES INC (CVU).
  • 3 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 20 Jun 2024, 18:01.

Change

  • Previous filing in this sequence was filed on 30 Jun 2023.
  • Current net transaction value: +$120,000.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CVU transaction

Common Stock

Award

Transaction value
$120,000
Shares
+43,956
Change %
+42%
Price
$2.73
Shares after
149,413
Date
16 Jun 2024
Ownership
Direct
Footnotes
F1
CVU transaction

Common Stock

Disposed to Issuer

Transaction value
$0
Shares
-13,797
Change %
-9.2%
Price
$0.000000
Shares after
135,616
Date
16 Jun 2024
Ownership
Direct
Footnotes
F2
CVU transaction

Common Stock

Tax liability

Transaction value
$0
Shares
-6,189
Change %
-4.6%
Price
$0.000000
Shares after
129,427
Date
16 Jun 2024
Ownership
Direct
Footnotes
F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Represents 43,956 shares of the Issuer's restricted Common Stock issued to the Reporting Person pursuant to the Issuer's Amended and Restated 2016 Long-Term Incentive Plan. The shares vest in four annual installments.

Footnote F2

Represents shares of the Issuer's Common Stock forfeited to the Issuer as of the transaction date, made pursuant to the terms of certain Restricted Stock Agreements made between the Reporting Person and Issuer, dated May 12, 2021, October 13, 2022 and June 28, 2023, respectively.

Footnote F3

Represents shares returned to the Issuer to pay withholding tax pursuant to the terms of certain Restricted Stock Agreements made between the Reporting Person and Issuer, dated May 12, 2021 and October 13, 2022, respectively.

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