Warren David Cheesman, Acting Chief Executive Officer of CVD Equipment Corporation, filed a statement of changes in beneficial ownership on November 12, 2026, reporting the grant of stock options on November 10, 2026.

Key Highlights

  • Reporting person: Warren David Cheesman, Acting Chief Executive Officer of CVD Equipment Corporation (NASDAQ:CVV)
  • Security granted: Options to purchase 25,000 shares of Common Stock, acquired on November 10, 2026
  • Exercise price: $4.05 per share, with an expiration date of November 10, 2036
  • Price paid: $0 for the derivative security at grant
  • Vesting schedule: Eight equal quarterly installments of 12.5% each, beginning three months after the grant date, fully vested on the second anniversary of the grant date
  • Post-transaction holdings: 25,000 derivative securities beneficially owned directly following the reported transaction

CVD Equipment Corporation Option Grant to Acting CEO Cheesman

According to the filing, Warren David Cheesman, serving as Acting Chief Executive Officer of CVD Equipment Corporation, received a grant of options to purchase 25,000 shares of the company's Common Stock on November 10, 2026. CVD Equipment Corporation, listed on NASDAQ under the ticker CVV, is headquartered at 355 S. Technology Drive, Central Islip, New York 11722. The transaction was recorded under transaction code "A," indicating an acquisition of derivative securities.

The filing discloses that the options carry an exercise price of $4.05 per share and are set to expire on November 10, 2036, giving them a ten-year term from the grant date. The price of the derivative security at the time of grant was reported as $0. Following the reported transaction, Cheesman directly holds 25,000 derivative securities in the form of options to purchase Common Stock, with no indirect beneficial ownership reported in connection with this grant.

As explained in the filing's footnote, the options vest in eight equal quarterly installments of 12.5% each, commencing three months after the grant date. The filing states that "the options becoming fully vested on the second anniversary of the grant date." No shares were reported in Table I covering non-derivative securities in connection with this transaction. The filing was made by one reporting person and is not an amendment to a prior filing.

What Was Disclosed

The filing reported the grant of 25,000 stock options to CVD Equipment Corporation's Acting CEO Warren David Cheesman on November 10, 2026, at an exercise price of $4.05 per share, expiring November 10, 2036, with an eight-installment quarterly vesting schedule over two years.