Ray James R Jr 4
4 · Commercial Vehicle Group, Inc. · Filed Apr 21, 2026
Research Summary
AI-generated summary of this filing
CVGI Director Ray James Jr Withholds 80,100 Shares for Taxes
What Happened
Ray James R. Jr., a director of Commercial Vehicle Group, Inc. (CVGI), had 80,100 shares withheld by the company on March 31, 2026 to satisfy tax obligations tied to the vesting of equity awards. The withheld shares were recorded as a disposition at $3.39 per share for a total value of $271,539. This was a tax-withholding/net settlement (transaction code F), not an open-market sale.
Key Details
- Transaction date: 2026-03-31; price: $3.39 per share; 80,100 shares withheld; total value $271,539.
- Footnote: The 80,100 shares were withheld to cover taxes related to the vesting of 268,344 shares (F1).
- Shares owned after transaction: Not specified in the provided filing.
- Filing timeliness: Form 4 was filed late due to an administrative oversight (reported as late).
Context
This was a routine tax-withholding (net settlement) tied to vested awards — the company withheld shares instead of requiring a cash payment. Such withholdings are administrative and do not necessarily indicate the insider's view on the company's stock. The late filing is an administrative compliance issue but does not change the economic nature of the transaction.
Insider Transaction Report
- Tax Payment
Common Stock, $0.01 par value
[F1]2026-03-31$3.39/sh−80,100$271,539→ 958,415 total
Footnotes (1)
- [F1]The company withheld 80,100 shares from the Reporting Person to cover taxes relating to the vesting of 268,344 shares.