CPI Card director gets 1,135 RSUs, 1,948 shares
Director Ravi Mallela’s 1,948 RSUs vested into 1,948 shares, leaving him with 11,471 shares, plus a new 1,135 RSU grant.
Rhea-AI Filing Summary
CPI Card Group Inc. (PMTS) director Ravi Mallela reported equity compensation activity involving restricted stock units and common shares. On August 29, 2026, 1,948 RSUs that had been awarded on August 29, 2025 vested and were exercised, resulting in the acquisition of 1,948 shares of Common Stock and the corresponding disposition of the derivative RSUs.
Following this conversion, Mallela held 11,471 shares of Common Stock directly. On August 31, 2026, he received a new grant of 1,135 RSUs, each representing the right to receive one common share, which vest on the first anniversary of the August 31, 2026 award date, subject to continued service or the terms of the award agreement. The Rule 10b5-1 plan checkbox was not marked for these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,948 shares exercised/converted
Exercise
3 txns
Insider
Mallela Ravi
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F3 | 1,135 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1, F2 | 1,948 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 1,948 | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 1,135 contracts (Direct);
Common Stock — 11,471 shares (Direct)
Footnotes (3)
- F1. Each restricted stock unit ("RSU") represents the right to receive one common share of the Issuer upon vesting of such RSU.
- F2. This line reports 100% of the RSUs that were awarded on the August 29, 2025 award date, which vested on the first anniversary of the award date.
- F3. The 1,135 RSUs reported on this line vest on the first anniversary of the August 31, 2026 award date, subject to the reporting person's continued service through such date or as otherwise provided for in the applicable award agreement.
Key Figures
RSUs granted: 1,135 RSUs
RSUs exercised: 1,948 RSUs
Common shares acquired from RSUs: 1,948 shares of Common Stock
+2 more
5 metrics
RSUs granted
1,135 RSUs
Awarded on August 31, 2026, vesting on the first anniversary of the award date
RSUs exercised
1,948 RSUs
Granted on August 29, 2025 and vested on August 29, 2026
Common shares acquired from RSUs
1,948 shares of Common Stock
Received upon exercise/conversion of vested RSUs on August 29, 2026
Common shares held after transaction
11,471 shares of Common Stock
Direct ownership position following the August 29, 2026 RSU conversion
RSU-to-share ratio
1 RSU : 1 common share
Each RSU represents the right to receive one common share upon vesting
Key Terms
Restricted Stock Units, derivative security, Rule 10b5-1, vest on the first anniversary
4 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents the right to receive one"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
derivative security financial
"transaction_action": "derivative exercise/conversion""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Rule 10b5-1 regulatory
"The Rule 10b5-1 plan checkbox was not marked for these transactions"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
vest on the first anniversary financial
"RSUs reported on this line vest on the first anniversary of the"
FAQ
What equity award did PMTS director Ravi Mallela receive on August 31, 2026?
On August 31, 2026, Ravi Mallela received a grant of 1,135 Restricted Stock Units (RSUs). Each RSU represents the right to receive one share of CPI Card Group Inc. common stock upon vesting, subject to his continued service or as otherwise provided in the award agreement.
When do Ravi Mallela’s new RSUs in PMTS vest?
The 1,135 RSUs awarded to Ravi Mallela vest on the first anniversary of the August 31, 2026 award date, subject to his continued service through that date or as otherwise provided in the applicable award agreement.
What happened to Ravi Mallela’s prior RSU award in CPI Card Group Inc.?
An RSU award granted on August 29, 2025 fully vested on its first anniversary. On August 29, 2026, 1,948 RSUs from that grant were exercised and converted into 1,948 shares of Common Stock, and the derivative RSUs were correspondingly disposed of.
Were the reported PMTS transactions made under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox was not checked, indicating the reported transactions were not affirmed as being made pursuant to a Rule 10b5-1 trading plan in this Form 4.
What does each RSU reported for PMTS represent?
Each Restricted Stock Unit (RSU) reported represents the right to receive one share of CPI Card Group Inc. common stock upon vesting of that RSU, according to the Form 4 footnote.
AI-generated analysis. How Rhea-AI works. Not financial advice.
