Hakim Dorith 4

What Happened

• Hakim Dorith, CEO, President and a director of CPI Aerostructures (CVU), was granted 75,126 shares under the company's 2025 Long Term Incentive Plan on 2026-06-08. Those shares are reported at $0.00 and are subject to time- and performance-based vesting in equal installments over four years (footnote F1).
• On the same date 40,199 shares were forfeited back to the issuer under restricted stock agreements (footnote F2). Separately, 13,013 shares were returned to the issuer to satisfy withholding taxes at $3.48 per share, generating $45,274 (footnote F3).
• Net effect on outstanding shares for the reporting person from these entries is +21,914 shares (75,126 granted − 40,199 forfeited − 13,013 withheld). This was an award/grant event with routine tax withholding, not an open-market purchase or sale.

Key Details

• Transaction date(s): 2026-06-08; Form 4 filed 2026-06-10 (timely).
• Reported transactions and amounts:
  • A (Award/Grant): 75,126 shares @ $0.00
  • D (Disposition to issuer / Forfeiture): 40,199 shares @ $0.00
  • F (Tax withholding): 13,013 shares @ $3.48 = $45,274
• Net change to the reporting person’s holdings from these entries: +21,914 shares.
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1 = LTIP award; F2 = forfeited per restricted stock agreement; F3 = shares returned to pay withholding tax.
• Transaction codes: A = Award/Grant, D = Forfeiture to issuer, F = Tax withholding.

Context

• The grant is a standard long-term incentive award subject to multi-year vesting—these are not open-market purchases and do not by themselves signal a short-term trading intent.
• The 13,013-share entry is a cashless withholding to satisfy payroll/tax obligations, a routine administrative step when awards vest or are issued.