secwatch.observer — SEC 8-K summary
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Issuer:     CPI AEROSTRUCTURES INC (CVU)
CIK:        0000889348
Form:       8-K
Filed at:   2023-06-16T23:59:59+00:00
Accession:  0001387131-23-007629
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 5.07
LLM model:  deepseek-v4-flash:cloud@v2

CPI Aerostructures appoints new director, shareholders approve incentive plan amendment
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- Richard C. Rosenjack Jr. appointed to fill Class II director vacancy, effective June 14, 2023.
- Rosenjack receives pro-rated annual compensation of $50,000 (40% cash, 60% RSUs).
- Shareholders re-elected Richard Caswell (5,895,880 for) and Terry Stinson (6,084,020 for) as Class I directors.
- Shareholders approved 2016 Plan amendment: shares increased from 1.4M to 2.2M; individual limit raised from 50k to 125k.
- Advisory vote on executive compensation passed (5.1M for); ratification of RSM US LLP as auditor also approved.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/889348/000138713123007629/0001387131-23-007629-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/889348/000138713123007629/cvu-8k_061423.htm
  HTML page:      https://secwatch.observer/filing/0001387131-23-007629

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