4/A: Commercial Vehicle Group Director James R. Ray Jr. Amends SEC Filing to Correct Tax Withholding

Sentiment:

SEC Form 4/A Amendment


James R. Ray Jr., a director at Commercial Vehicle Group, Inc., filed an amendment to a previous SEC Form 4 to correct the number of shares withheld for taxes.

Delay expectedThe amended filing was submitted late due to an administrative oversight.

Summary

  • James R. Ray Jr., a director of Commercial Vehicle Group, Inc. (CVGI), filed an amended Form 4 with the SEC on February 13, 2025.
  • The amendment corrects the number of shares withheld to cover taxes from a transaction reported in the original Form 4 filed on January 2, 2025.
  • On December 31, 2024, Ray disposed of 32,455 shares of common stock at a price of $2.43 per share to cover taxes.
  • Following the transaction, Ray beneficially owns 265,939 shares of Commercial Vehicle Group, Inc.
  • The late filing of the amendment was attributed to an administrative oversight.

Sentiment

Score: 6

Explanation: The document is a routine correction of an SEC filing. The administrative oversight is a minor negative, but overall the impact is neutral.

Negatives

  • The amended filing was submitted late due to an administrative oversight.

Risks

  • Administrative oversights in SEC filings can lead to regulatory scrutiny and potential penalties.

Industry Context

This filing is a routine disclosure related to insider transactions and is specific to the individual and the company. It doesn't necessarily reflect broader industry trends.

Stakeholder Impact

  • The correction ensures accurate information is available to shareholders and the public.

Key Dates

DateDescription
12/31/2024Date of transaction (disposal of shares).
01/02/2025Date of original Form 4 filing.
02/13/2025Date of amended Form 4/A filing.

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