{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-044550","form_type":"8-K","ticker":"CVGI","cik":"0001290900","company_name":"Commercial Vehicle Group, Inc.","filed_at":"2024-10-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:07.992788+00:00","generated_at":"2026-05-30T07:19:02.858871+00:00","sec_items":["1.01","5.02","8.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"CVG sells FSE control-panel business for $1.5M base plus earnout; appoints new Electrical Systems President","bullets":["Asset sale to FSE Diya, Inc. for $1.5M base plus up to $1.5M earnout; closed October 30, 2024.","Richard Tajer steps down as President of Electrical Systems effective Oct 31, 2024; employee through Dec 31, 2024 then separation under CIC agreement.","Peter Lugo appointed President of Electrical Systems effective Nov 1, 2024; previously SVP at Southwire.","Earnout payments tied to Buyer's Adjusted EBITDA thresholds of $4M (2025) and $5M (2026).","Transition services agreement entered into; $500,000 of purchase price paid via promissory note."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-044550","json":"https://secwatch.observer/filing/0001628280-24-044550.json","markdown":"https://secwatch.observer/filing/0001628280-24-044550.md","text":"https://secwatch.observer/filing/0001628280-24-044550.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1290900/000162828024044550/0001628280-24-044550-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1290900/000162828024044550/cvgi-20241030.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T07:19:02.858871+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"15dbed82fd","claim":"Richard Tajer resigned as President of Electrical Systems at Commercial Vehicle Group, Inc..","evidence_excerpt":"On October 31, 2024, the Company and Richard Tajer, President of Electrical Systems, reached a separation agreement (the “Separation Agreement”) pursuant to which Mr. Tajer will cease being President of Elecrical Systems effective immediately and cease being an employee effective December 31, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1290900/000162828024044550/0001628280-24-044550-index.htm","confidence":0.9,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"President of Electrical Systems"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}