Form 4: Commercial Vehicle Group Executive Reports Tax Withholding on Share Vesting

Angela M. O'Leary, VP, Controller & Chief Accounting Officer of Commercial Vehicle Group, Inc., had 2,602 shares withheld to cover taxes related to share vesting on December 31, 2024.

Summary

• On December 31, 2024, Angela M. O'Leary, VP, Controller & Chief Accounting Officer of Commercial Vehicle Group, Inc., had 2,602 shares of common stock withheld to cover taxes related to the vesting of 8,718 shares.
• The price per share for the tax withholding was $2.48.
• Following the transaction, O'Leary directly owns 49,972 shares of Commercial Vehicle Group, Inc.
• O'Leary also indirectly owns shares as a UTMA custodian for a minor child.
• The Form 4 filing was submitted late due to an administrative oversight.

Sentiment

Score: 6

Explanation: The document describes a routine transaction (tax withholding on share vesting) and a minor administrative issue (late filing). The sentiment is neutral.

Negatives

• The Form 4 filing was submitted late due to an administrative oversight.

Risks

• Administrative oversights in SEC filings could lead to regulatory scrutiny.

Industry Context

This is a routine filing related to executive compensation and is typical for publicly traded companies.

Key Dates

Keywords

Form 4, SEC, Commercial Vehicle Group, CVGI, O'Leary, Share Vesting, Tax Withholding, Beneficial Ownership