Hakim Dorith 4

What Happened

• Hakim Dorith, CEO, President and Director of CPI Aerostructures, was granted 2,876 shares on 2026-06-25. The shares were issued at $0.00 (no cash paid) as an award (transaction code A).
• Total reported value: $0 (non-cash award). This transaction was reported on a Form 4 filed the same day (Accession: 0001094891-26-000244).
• This is an award/correction rather than a purchase or sale — it does not indicate an open-market buy or sell.

Key Details

• Transaction date: 2026-06-25
• Shares granted: 2,876; Price per share: $0.00; Reported value: $0
• Reported by: Hakim Dorith — CEO, President, Director
• Footnote: Shares were issued to correct an administrative error in calculating the number of shares the reporting person was entitled to under a previous grant pursuant to the Issuer's Amended and Restated 2016 Long-Term Incentive Plan.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Timeliness: Filed same day as the transaction (no late filing indicated).

Context

• Corrective awards like this typically fix prior administrative miscalculations and are administrative in nature; they do not necessarily signal a change in insider sentiment.
• Because the award was issued at $0.00 (not an open-market purchase), it’s not a cash investment by the insider.