Form 4: CPI Aerostructures Director Michael Faber Acquires Shares
SEC Form 4 Filing
Director Michael Faber acquired 17,778 shares of CPI Aerostructures on January 10, 2025.
Summary
- On January 10, 2025, Michael Faber, a director of CPI Aerostructures, acquired 17,778 shares of common stock.
- The acquisition price was $0 per share.
- Following the transaction, Faber directly owns 154,959 shares of CPI Aerostructures.
Sentiment
Score: 5
Explanation: This is a neutral report of a transaction. The sentiment is neither positive nor negative as it simply reflects a change in ownership.
Industry Context
Form 4 filings are a routine part of the US stock market and are required by the SEC to ensure transparency of insider transactions. This filing indicates a change in beneficial ownership by a company insider.
Stakeholder Impact
- The transaction may have a minor impact on shareholders as it reflects an insider's activity in the company's stock.
Key Dates
| Date | Description |
|---|---|
| 01/10/2025 | Date of transaction: Michael Faber acquired shares of CPI Aerostructures. |
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