CoreCard (CCRD) CEO logs 1,310,037-share disposition in Euronet deal

CoreCard (CCRD) disclosed an insider transaction reflecting its merger with Euronet Worldwide.

Rhea-AI Filing Summary

CoreCard (CCRD) disclosed an insider transaction reflecting its merger with Euronet Worldwide. President & CEO J. Leland Strange, also a director and 10% owner, reported the disposition of 1,310,037 CoreCard common shares on October 30, 2025 as part of the closing. Each CoreCard share was converted into the right to receive 0.3142 Euronet shares, with cash in lieu of fractional shares.

Unvested restricted stock units vested at the effective time and converted into the same consideration, including 8,125 RSUs and 3,621 RSUs tied to CoreCard common stock.

Insights

Equity capital markets analyst

Form 4 documents share-for-share conversion mechanics from the merger.

The filing records insider holdings converting due to the completed merger on October 30, 2025. Each CoreCard share became exchangeable for 0.3142 shares of Euronet common stock, with cash for any fractional shares. This aligns with typical post-merger equity conversion disclosures.

Equity awards followed standard treatment: unvested RSUs vested at closing and converted into the same per‑share merger consideration. The reported quantities include 1,310,037 shares disposed and RSU counts of 8,125 and 3,621. Actual market impact depends on holder decisions and subsequent trading by recipients.

Insider Trade Summary

Disposition: 1,321,783 shares

Disposition 3 txns

Insider STRANGE J LELAND

Role President & CEO

Type	Security	Shares	Price	Value
Disposition	Restricted Stock Unit	8,125	$0.00	$0.00
Disposition	Restricted Stock Unit	3,621	$0.00	$0.00
Disposition	Common stock, par value $.01 per share	1,310,037	$0.00	$0.00

Holdings After Transaction: Restricted Stock Unit — 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. Restricted stock units to acquire shares of Company Common Stock (each a "Company RSU") convert into Company Common Stock on a one-for-one basis upon settlement.
3. F3. Pursuant to the Merger Agreement, at the Effective Time, each outstanding and unvested Company RSU award became vested and was automatically converted into the right to receive the Per Share Merger Consideration in respect of each share of Company Common Stock subject to such Company RSU.
4. F4. Company RSUs do not expire; they either vest or are canceled prior to the vesting date.

FAQ

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

What did CoreCard (CCRD) report in this Form 4?

It reported the CEO’s disposition of 1,310,037 CoreCard shares on October 30, 2025 due to the merger with Euronet.

What is the exchange ratio for CoreCard (CCRD) shares in the Euronet merger?

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

How were CoreCard (CCRD) RSUs treated at closing?

Unvested RSUs vested at the effective time and converted into the same per share merger consideration, including 8,125 and 3,621 RSUs.

Who is the reporting person in this CCRD filing and what is their role?

The reporting person is J. Leland Strange, CoreCard’s President & CEO, director, and 10% owner.

What was the transaction date noted in the CCRD Form 4?

The transaction date was October 30, 2025, the merger’s effective time.

Does the filing mention cash proceeds to CoreCard from this transaction?

No. It states share conversion at 0.3142 and cash paid in lieu of fractional shares to holders.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 10/30/2025 - 04:31 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^*

STRANGE J LELAND

(Last) (First) (Middle)

ONE MECA WAY

(Street)

NORCROSS GA 30093

(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	X	10% Owner
X	Officer (give title below)		Other (specify below)
	President & CEO

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)		1,310,037	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
Restricted Stock Unit	(2)	10/30/2025		D(3)		8,125		(3)	(4)	Common Stock	8,125	$0	0	D
Restricted Stock Unit	(2)	10/30/2025		D(3)		3,621		(3)	(4)	Common Stock	3,621	$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. Restricted stock units to acquire shares of Company Common Stock (each a "Company RSU") convert into Company Common Stock on a one-for-one basis upon settlement.

3. Pursuant to the Merger Agreement, at the Effective Time, each outstanding and unvested Company RSU award became vested and was automatically converted into the right to receive the Per Share Merger Consideration in respect of each share of Company Common Stock subject to such Company RSU.

4. Company RSUs do not expire; they either vest or are canceled prior to the vesting date.

	/s/ J. Leland Strange	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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.