CPI Aerostructures (CVU) interim CFO forfeits RSUs, updates stake
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
CPI Aerostructures director and interim CFO updates share count after RSU forfeiture. Pamela Levesque reported the disposition of 3,704 shares of common stock at a price of $0.00, reflecting forfeited unvested restricted stock units tied to her prior non-employee director compensation when she became interim chief financial officer.
After adjusting for this forfeiture and adding three previously unreported shares, she now beneficially owns 95,310 shares of CPI Aerostructures common stock directly. This Form 4/A amendment is intended to correct her post-transaction holdings reported in several prior filings.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Levesque Pamela
Role
Director and former CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 3,704 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 95,310 shares (Direct)
Footnotes (1)
- Represents shares of previously reported Common Stock issuable under unvested non-employee director compensation Restricted Stock Units (issued on January 10, 2025) which were forfeited as of the transaction date when the Reporting Person was appointed as Issuer's interim chief financial officer. The forfeiture was reported on a Form 5 of even date hereof and this amendment is filed to correct the Amount of Securities Beneficially Owned by the Reporting Person following the transactions reported on the Reporting Person's December 29, 2025, January 9, 2026 and January 20, 2026 Form 4 filings. Represents the correct total Amount of Securities Owned by the Reporting Person after adjustment for the forfeiture described in Footnote 1 and the addition of three shares not reported on the Reporting Person's January 9, 2026 Form 4 filing resulting from a clerical error.
FAQ
What does the CPI Aerostructures (CVU) Form 4/A filing report?
The Form 4/A reports a correction to director and interim CFO Pamela Levesque’s beneficial ownership. It reflects the forfeiture of unvested restricted stock units and minor prior clerical errors, updating her direct holdings to 95,310 CPI Aerostructures common shares.
Why were Pamela Levesque’s CPI Aerostructures RSUs forfeited?
The restricted stock units were forfeited because Pamela Levesque was appointed interim chief financial officer. The filing explains that the 3,704 shares were tied to non-employee director compensation RSUs, which were forfeited as of that appointment date.
Which earlier CPI Aerostructures filings are corrected by this Form 4/A?
The amendment is filed to correct the amount of securities beneficially owned after transactions reported in Pamela Levesque’s December 29, 2025, January 9, 2026, and January 20, 2026 filings, as well as the forfeiture reported on a same-date Form 5.