Rudolf Amends CPI Aero Stake: Holds 826,187 Shares
Ticker: CVU · Form: SC 13G/A · Filed: Feb 6, 2024 · CIK: 889348
| Field | Detail |
|---|---|
| Company | Cpi Aerostructures INC (CVU) |
| Form Type | SC 13G/A |
| Filed Date | Feb 6, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: insider-ownership, shareholder-update, passive-investing
TL;DR
**Major investor John Curtis Rudolf still holds 826,187 shares of CPI Aerostructures.**
AI Summary
John Curtis Rudolf, an individual investor, has filed an amendment to his Schedule 13G, indicating he beneficially owns 826,187 shares of CPI Aerostructures Inc. common stock as of December 31, 2023. This filing updates his previous disclosure, confirming his significant stake with both sole voting and sole dispositive power over these shares. This matters to investors because it highlights a substantial individual ownership position in the company, which can influence corporate governance and signal confidence from a major shareholder.
Why It Matters
This filing shows a key individual investor, John Curtis Rudolf, maintains a significant ownership stake in CPI Aerostructures, which can be a vote of confidence or a potential influence on company decisions.
Risk Assessment
Risk Level: low — This is an amendment to a passive ownership filing, indicating no immediate change in control or significant new risk.
Analyst Insight
Investors should note that a significant individual shareholder, John Curtis Rudolf, continues to hold a substantial stake in CPI Aerostructures, which could be a factor in long-term stability or potential future influence.
Key Numbers
- 826,187 — Shares Beneficially Owned (John Curtis Rudolf's total beneficial ownership in CPI Aerostructures Inc.)
- 12/31/23 — Date of Event (The date requiring the filing of this statement)
Key Players & Entities
- John Curtis Rudolf (person) — reporting person and beneficial owner
- CPI Aerostructures Inc. (company) — the issuer of the securities
- Dorith Hakim (person) — CEO of CPI Aerostructures Inc., authorized to receive notices
Forward-Looking Statements
- John Curtis Rudolf will maintain a significant, passive stake in CPI Aerostructures Inc. for the foreseeable future. (John Curtis Rudolf) — high confidence, target: 12/31/2024
FAQ
Who is the reporting person in this SC 13G/A filing?
The reporting person is John Curtis Rudolf, an individual with USA citizenship, as stated in Item 1 and Item 4 of the filing.
What is the name of the issuer whose securities are being reported?
The issuer is CPI Aerostructures, Inc., as identified in the 'Name of Issuer' section of the Schedule 13G.
How many shares of CPI Aerostructures Inc. does John Curtis Rudolf beneficially own according to this filing?
John Curtis Rudolf beneficially owns 826,187 shares of CPI Aerostructures Inc., as reported in Item 9, 'Aggregate Amount Beneficially Owned by Each Reporting Person'.
What type of power does John Curtis Rudolf have over the shares he owns?
John Curtis Rudolf has sole voting power and sole dispositive power over all 826,187 shares, as indicated in Item 5 and Item 7 of the filing.
What was the date of the event that required this filing?
The date of the event which required the filing of this statement was December 31, 2023, as specified on the cover page of the Schedule 13G.
Filing Stats: 942 words · 4 min read · ~3 pages · Grade level 7.3 · Accepted 2024-02-06 10:13:23
Filing Documents
- fp0087058-1_sc13ga.htm (SC 13G/A) — 40KB
- 0001398344-24-002128.txt ( ) — 42KB
If this statement is filed pursuant to §§240.13d-1(b)
Item 3. If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: (a) [ ] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o). (b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). (c) [ ] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). (d) [ ] Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). (e) [ ] An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E); (f) [ ] An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F); (g) [ ] A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G); (h) [ ] A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) [ ] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) [ ] Group, in accordance with §240.13d-1(b)(1)(ii)(J). CUSIP No. 125919308 13G Page 3 of 4 Pages
Ownership
Item 4. Ownership. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: 826,187 (b) Percent of class: 6.5% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 826,187 (ii) Shared power to vote or to direct the vote: (iii) Sole power to dispose or to direct the disposition of: 826,187 (iv) Shared power to dispose or to direct the disposition of:
Ownership of Five Percent or Less of a Class
Item 5. Ownership of Five Percent or Less of a Class. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [ ] . Instruction . Dissolution of a group requires a response to this item.
Ownership of More than Five Percent on Behalf of Another Person
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
Identification and Classification of the Subsidiary Which Acquired
Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.
Identification and Classification of Members of the Group
Item 8. Identification and Classification of Members of the Group.
Notice of Dissolution of Group
Item 9. Notice of Dissolution of Group. CUSIP No. 125919308 13G Page 4 of 4 Pages
Certification
Item 10. Certification. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. Signature After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Name of Registrant By: /s/ John Curtis Rudolf Name: John Curtis Rudolf Title: Individual Date: 02/05/24