CoreCard (CCRD) Form 4: 0.3142 Euronet share conversion detailed

CoreCard (CCRD) director reported merger-related transactions.

Rhea-AI Filing Summary

CoreCard (CCRD) director reported merger-related transactions. On 10/30/2025, the reporter disposed of common shares in connection with CoreCard’s merger into Euronet. Each CoreCard share was converted into the right to receive 0.3142 shares of Euronet common stock and cash in lieu of fractional shares, per the merger terms.

Four stock option grants (4,000 shares each at exercise prices of $3.50, $3.86, $7.80, and $39.11) became fully vested and were automatically terminated at closing and converted into a cash right based on the exchange ratio and Euronet’s specified VWAP formula. Following these transactions, the filing shows 0 derivative securities beneficially owned.

Insights

Equity corporate actions analyst

Merger conversion and option cash-out; administrative update.

The filing documents a completed merger where each CoreCard share converted into the right to receive 0.3142 Euronet shares and cash for fractions. This is a standard share-for-share conversion with no ongoing CoreCard equity remaining post-close for the reporter.

All listed stock options (four tranches of 4,000) vested at the effective time, were terminated, and converted into a cash amount determined by the exchange ratio and a defined Euronet VWAP less the option exercise price. The outcome reflects mechanical application of the merger agreement.

From an investment perspective, this is procedural and does not independently signal performance. Actual impact rests on the merger terms already disclosed and Euronet share pricing used in the formula.

Insider Trade Summary

Disposition: 23,434 shares

Disposition 5 txns

Insider Moise Philip H

Role Director

Type	Security	Shares	Price	Value
Disposition	Stock Option (right to buy)	4,000	$0.00	$0.00
Disposition	Stock Option (right to buy)	4,000	$0.00	$0.00
Disposition	Stock Option (right to buy)	4,000	$0.00	$0.00
Disposition	Stock Option (right to buy)	4,000	$0.00	$0.00
Disposition	Common stock, par value $.01 per share	7,434	$0.00	$0.00

Holdings After Transaction: Stock Option (right to buy) — 0 contracts (Direct); Common stock, par value $.01 per share — 0 shares (Direct)

Footnotes (4)

1. F1. The shares were disposed of pursuant to the Agreement and Plan of Merger (the "Merger Agreement") by and among CoreCard Corporation ("Company"), Euronet Worldwide, Inc. ("Euronet"), and Genesis Merger Sub Inc., a wholly owned subsidiary of Euronet ("Merger Sub"). Pursuant to the Merger Agreement, on October 30, 2025, Merger Sub merged with and into Company (the "Merger"), with Company surviving the Merger as a wholly owned subsidiary of Euronet. At the effective time of the Merger (the "Effective Time"), each issued and outstanding share of Company's common stock, par value $0.01 per share ("Company Common Stock"), was converted into the right to receive 0.3142 shares of Euronet's common stock, par value $0.02 per share (the "Euronet Common Stock" and such ratio, the "Exchange Ratio") and cash payable in lieu of fractional shares (collectively, the "Per Share Merger Consideration"), as described in the Merger Agreement.
2. F2. Each stock option to purchase shares of Company Common Stock represents a contingent right to purchase one share of Company Common Stock.
3. F3. Pursuant to the Merger Agreement, each Company stock option that was outstanding and unexercised immediately prior to the Effective Time became fully vested and exercisable, and was automatically terminated, and was converted into the right to receive an amount in cash in respect of each share subject thereto equal to the excess of (x) the product of the Exchange Ratio multiplied by the volume weighted average price per share of Euronet Common Stock on the NASDAQ Global Select Market for the fifteen consecutive trading days ending on, and including, the second full trading day prior to the Effective Time over (y) the per share exercise price.
4. F4. The stock option is fully vested and exercisable.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did CoreCard (CCRD) shares convert into at closing?

Each share converted into the right to receive 0.3142 shares of Euronet common stock plus cash in lieu of fractional shares.

What happened to the director’s CoreCard stock options?

Each option became fully vested and exercisable, was terminated, and converted into a cash right per a formula using the 0.3142 ratio and Euronet VWAP less the exercise price.

How many option tranches were affected and at what exercise prices?

Four tranches of 4,000 shares each, with exercise prices of $3.50, $3.86, $7.80, and $39.11.

What is the transaction date noted in the filing?

The filing lists the earliest transaction date as 10/30/2025.

Does the filing show any derivative securities owned after the merger?

The table shows 0 derivative securities beneficially owned following the reported transactions.

What role does the reporting person hold with CoreCard (CCRD)?

The reporting person is listed as a Director.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 10/30/2025 - 04:30 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

X

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Moise Philip H

(Last) (First) (Middle)

948 OAKDALE RD, NE

(Street)

ATLANTA GA 30307

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CoreCard Corp [ CCRD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
10/30/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common stock, par value $.01 per share	10/30/2025		D(1)		7,434	D	(1)	0	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (right to buy)(2)	$3.5	10/30/2025		D(3)			4,000	(4)	05/26/2026	Common Stock	4,000	$0	0	D
Stock Option (right to buy)(2)	$3.86	10/30/2025		D(3)			4,000	(4)	05/25/2027	Common Stock	4,000	$0	0	D
Stock Option (right to buy)(2)	$7.8	10/30/2025		D(3)			4,000	(4)	05/24/2028	Common Stock	4,000	$0	0	D
Stock Option (right to buy)(2)	$39.11	10/30/2025		D(3)			4,000	(4)	05/23/2029	Common Stock	4,000	$0	0	D

Explanation of Responses:

1. The shares were disposed of pursuant to the Agreement and Plan of Merger (the "Merger Agreement") by and among CoreCard Corporation ("Company"), Euronet Worldwide, Inc. ("Euronet"), and Genesis Merger Sub Inc., a wholly owned subsidiary of Euronet ("Merger Sub"). Pursuant to the Merger Agreement, on October 30, 2025, Merger Sub merged with and into Company (the "Merger"), with Company surviving the Merger as a wholly owned subsidiary of Euronet. At the effective time of the Merger (the "Effective Time"), each issued and outstanding share of Company's common stock, par value $0.01 per share ("Company Common Stock"), was converted into the right to receive 0.3142 shares of Euronet's common stock, par value $0.02 per share (the "Euronet Common Stock" and such ratio, the "Exchange Ratio") and cash payable in lieu of fractional shares (collectively, the "Per Share Merger Consideration"), as described in the Merger Agreement.

2. Each stock option to purchase shares of Company Common Stock represents a contingent right to purchase one share of Company Common Stock.

3. Pursuant to the Merger Agreement, each Company stock option that was outstanding and unexercised immediately prior to the Effective Time became fully vested and exercisable, and was automatically terminated, and was converted into the right to receive an amount in cash in respect of each share subject thereto equal to the excess of (x) the product of the Exchange Ratio multiplied by the volume weighted average price per share of Euronet Common Stock on the NASDAQ Global Select Market for the fifteen consecutive trading days ending on, and including, the second full trading day prior to the Effective Time over (y) the per share exercise price.

4. The stock option is fully vested and exercisable.

	/s/ Matthew A. White, as Attorney-in Fact	10/30/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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