---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-042189"
form_type: "8-K"
ticker: "CVV"
cik: "0000766792"
company_name: "CVD EQUIPMENT CORP"
filed_at: "2026-09-10T20:30:30+00:00"
generated_at: "2026-09-10T20:32:44.006884+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# CVD Equipment restructures, exits new CVD system orders; CEO Lakios out, Cheesman acting CEO

## Summary
- Restructuring: no new system orders for CVD equipment business; workforce cut ~50% to support backlog, warranty, parts/quartz/services.
- Restructuring charge of $0.8M-$1.0M expected in Q3 2026 (quarter ending Sept 30) for severance and related costs.
- CEO Emmanuel Lakios mutually agreed to depart effective Sept 3, 2026; Warren Cheesman (VP Mfg Ops) appointed Acting CEO.
- Company had $23.5M cash and no debt at end of Q2 2026; evaluating real estate monetization and other cost cuts.
- Board continues to evaluate strategic alternatives to enhance shareholder value.

## SEC filing metadata
- accession: 0001493152-26-042189
- form_type: 8-K
- ticker: CVV
- cik: 0000766792
- company_name: CVD EQUIPMENT CORP
- filed_at: 2026-09-10T20:30:30+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.05, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/766792/000149315226042189/0001493152-26-042189-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/766792/000149315226042189/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-042189
- JSON: https://secwatch.observer/filing/0001493152-26-042189.json
- Plain text: https://secwatch.observer/filing/0001493152-26-042189.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.