Johnson William 4
Research Summary
AI-generated summary
CVGI Director William Johnson Receives 23,483-Share Award
What Happened
- William Johnson, a director of Commercial Vehicle Group, Inc. (CVGI), was awarded 23,483 shares on 2026-06-02. The reported acquisition price is $0.00 (an equity award/grant), with a total reported value of $0 on the Form 4. This is a compensation award rather than an open-market purchase or a sale.
Key Details
- Transaction date: 2026-06-02; Form filed: 2026-06-04 (appears timely).
- Transaction type/code: Award/Grant (A).
- Shares granted: 23,483; price reported: $0.00; total reported value: $0.
- Shares owned after transaction: Not specified in the provided filing.
- Footnote (F1): These shares vest on the earlier of June 4, 2027 or the 2027 Annual Meeting of Stockholders. Under the company’s 2020 Equity Incentive Plan, the reporting person may not sell any shares awarded for at least one year after vesting.
- No 10b5‑1 plan, tax-withholding sale, or immediate disposition was indicated.
Context
- This was a restricted stock award subject to future vesting and a post-vesting holding restriction; it is standard executive/director compensation and not an immediate market purchase or sale. Such awards are common and do not by themselves indicate the insider’s near-term trading intent.