Core Molding (NYSE: CMT) EVP corrects Form 3, now reports 16,032 shares
Filing Impact
Filing Sentiment
Form Type
3/A
Rhea-AI Filing Summary
CORE MOLDING TECHNOLOGIES INC executive Michael James Gayford, EVP of Operations, filed an amended initial insider ownership report. The amendment removes performance-based shares that were mistakenly included in the original Form 3 filed on March 13, 2026. Following this correction, he reports direct ownership of 16,032 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gayford Michael James
Role
EVP of Operations
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 16,032 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Directly owned common shares: 16,032 shares
Unknown transaction entries: 1 entry
Holding entries: 1 holding
3 metrics
Directly owned common shares
16,032 shares
Shares of CORE MOLDING TECHNOLOGIES common stock reported after amendment
Unknown transaction entries
1 entry
Filing shows one holding-type entry with unknown transaction code
Holding entries
1 holding
Transaction summary records one holdings-only entry in this amendment
Key Terms
Form 3, Form 3/A, Performance-Based shares, beneficial ownership
4 terms
Form 3 regulatory
"incorrectly included in the initial form 3 filed on March 13, 2026"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
Form 3/A regulatory
"The Form 3/A is an amendment that corrects Michael James Gayford’s initial insider ownership report."
An amended Form 3 (Form 3/A) is a corrected or updated disclosure filed with regulators that revises an insider’s initial report of their ownership in a public company — typically for officers, directors or large shareholders. Investors use it like a corrected inventory list: it clarifies who owns how many shares and whether earlier reports had errors, helping assess insider confidence, possible conflicts and the accuracy of ownership records that can affect stock valuation and trust.
beneficial ownership financial
"corrects his initial insider ownership report to reflect only currently reportable common shares"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What does the Form 3/A filed by CMT’s Michael James Gayford change?
The Form 3/A is an amendment that corrects Michael James Gayford’s initial insider ownership report. It removes performance-based shares that were mistakenly included, leaving 16,032 common shares reported as directly owned after the correction.
Why did Michael James Gayford amend his Form 3 for CORE MOLDING TECHNOLOGIES (CMT)?
He amended his Form 3 to remove performance-based shares that were incorrectly included in the initial filing. The correction ensures his reported holdings show only currently reportable common shares, now totaling 16,032 directly owned shares.
Does the CMT Form 3/A for Michael Gayford show any new insider buying or selling?
The Form 3/A does not show new insider buying or selling activity. It is a holdings-only amendment that corrects prior disclosure, updating his direct ownership to 16,032 common shares after removing misreported performance-based awards.
What role does Michael James Gayford hold at CORE MOLDING TECHNOLOGIES (CMT)?
Michael James Gayford is identified as the Executive Vice President of Operations at CORE MOLDING TECHNOLOGIES. The amended Form 3 updates his reported direct ownership in the company’s common stock to 16,032 shares after correcting an earlier reporting error.