CUI GLOBAL, INC.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

126576206

(CUSIP Number)

December 31, 2019

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

☒ Rule 13d-1(b)

☐ Rule 13d-1(c)

☐ Rule 13d-1(d)

^*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

Item 1.

(a)

Name of Issuer:

CUI Global, Inc.

(b)

Address of Issuer’s Principal Executive Offices:

20050 SW 112^th Avenue

Tualatin, OR 97062

Item 2.

(a)

Name of Persons Filing:

(1)

Heartland Advisors, Inc.

(2)

William J. Nasgovitz

(b)

Address of Principal Business Office:

All reporting persons may be contacted at:

789 North Water Street

Milwaukee, WI 53202

(c)

Citizenship:

Heartland Advisors, Inc. is a Wisconsin corporation.  William J. Nasgovitz is a United States citizen.

(d)

Title of Class of Securities:

Common Stock

(e)

CUSIP Number:

126576206

Item 3.

If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b) or (c), check whether the person  filing is a(n):

(a)

Broker or dealer registered under Section 15 of the Act;

(b)

Bank as defined in Section 3(a)(6) of the Act;

(c)

Insurance company as defined in Section 3(a)(19) of the Act;

(d)

Investment company registered under Section 8 of the Investment Company Act;

(e)

X

*Investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);

(f)

Employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F);

*Parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G);

(h)

Savings association as defined in Section 3(b) of the Federal Deposit Insurance Act;

(i)

Church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act;

A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J); or

Group, in accordance with § 240.13d-1(b)(1)(ii)(K).

*The persons filing this Schedule 13G are Heartland Advisors, Inc., an investment adviser registered with the SEC, and William J. Nasgovitz, Chairman and control person of Heartland Advisors, Inc. The reporting persons do not admit that they constitute a group.

Item 4.

Ownership

(a)

Amount beneficially owned:

1,756,090 shares may be deemed beneficially owned within the meaning of Rule 13d-3 of the Act by (1) Heartland Advisors, Inc. by virtue of its investment discretion and/or voting authority granted by certain clients; and (2) William J. Nasgovitz by virtue of his control of Heartland Advisors, Inc.

Mr. Nasgovitz disclaims beneficial ownership of any shares reported on the Schedule.

(b)

Percent of Class:  6.11%

(c)

For information on voting and dispositive power with respect to the above listed shares, see Items 5-9 on the Cover Pages.

Item 5.

Ownership of Five Percent or Less of a Class.

Not applicable.

Item 6.

Ownership of More than Five Percent on Behalf of Another Person.

The clients of Heartland Advisors, Inc., a registered investment adviser, including an investment company registered under the Investment Company Act of 1940 and other managed accounts, have the right to receive or the power to direct the receipt of dividends and proceeds from the sale of shares included on this Schedule.  The Heartland Value Fund, a series of Heartland Group, Inc., a registered investment company, owns 1,756,090 shares or 6.1% of the class of securities reported herein. Any remaining shares disclosed in this filing are owned by various other accounts managed by Heartland Advisors, Inc. on a discretionary basis. To the best of Heartland Advisors' knowledge, none of the other accounts owns more than 5% of the outstanding stock.

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being
Reported on by the Parent Holding Company.

Not applicable.

Item 8.

Identification and Classification of Members of the Group.

Not applicable.

Item 9.

Notice of Dissolution of Group.

Not Applicable

Item 10.

Certification.

By signing below, the undersigned certify that, to the best of their knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and 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.

WILLIAM J. NASGOVITZ

HEARTLAND ADVISORS, INC.

Vinita K. Paul

Vinita K. Paul

As Attorney in Fact for
William J. Nasgovitz

Vice President, General Counsel and Secretary

1

Joint Filing Agreement (incorporated by reference to Exhibit 1 of the Reporting Persons’ Schedule 13G/A filed with the SEC on February 2, 2018)

2

Power of Attorney  (incorporated by reference to Exhibit 2 of the Reporting Persons’ Schedule 13G/A filed with the SEC on February 5, 2019)