CPI Card director exercises RSUs, gets new grant
Riley H. Sanford’s Aug. 31 deferred RSU grant calls for 1,135 shares to be issued after separation, following an Aug. 29 exercise that raised his direct holdings to 263,279.
Rhea-AI Filing Summary
CPI Card Group Inc. (PMTS) reported insider equity compensation and related transactions by director and Non-Executive Chairman Riley H. Sanford. On August 29, 2026, Sanford exercised 1,948 deferred RSUs awarded on August 29, 2025, receiving 1,948 common shares, bringing direct common stock holdings to 263,279 shares. On August 31, 2026, Sanford received a new grant of 1,135 deferred RSUs, each representing one common share to be issued after separation from service, vesting on the first anniversary of the award date subject to continued service or the award agreement. Sanford also reports 5,400 common shares held indirectly by a spouse, with beneficial ownership disclaimed except to the extent of any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,948 shares exercised/converted
Exercise
4 txns
Insider
Riley H Sanford
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F4, F1, F5 | 1,135 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1, F3 | 1,948 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 1,948 | -- | -- |
| holding | Common Stock F2 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 1,135 contracts (Direct);
Common Stock — 263,279 shares (Direct);
Common Stock — 5,400 shares (Indirect, By Spouse)
Footnotes (5)
- F1. Each restricted stock unit ("RSU") represents the right to receive one common share of the Issuer upon vesting of such RSU.
- F2. The reporting person disclaims beneficial ownership of the securities held by the reporting person's spouse except to the extent of the reporting person's pecuniary interest therein.
- F3. This line reports 100% of the deferred RSUs that were awarded on the August 29, 2025 award date, which vested on the first anniversary of the award date.
- F4. This line represents deferred RSUs. The shares of Common Stock underlying these RSUs will be issued to the Reporting Person following the Reporting Person's separation from service with the Issuer.
- F5. 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 stock acquired from RSU exercise: 1,948 shares
+2 more
5 metrics
RSUs granted
1,135 RSUs
Deferred RSUs awarded August 31, 2026, vesting on first anniversary
RSUs exercised
1,948 RSUs
Deferred RSUs awarded August 29, 2025 and vested on first anniversary
Common stock acquired from RSU exercise
1,948 shares
Shares of common stock received upon RSU conversion on August 29, 2026
Direct common stock holdings
263,279 shares
Direct ownership after August 29, 2026 transactions
Indirect common stock holdings (spouse)
5,400 shares
Indirect ownership reported as held by spouse, with beneficial ownership disclaimed except for pecuniary interest
Key Terms
Restricted Stock Units, deferred RSUs, pecuniary interest, separation from service
4 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents the right to receive one common share"
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.
deferred RSUs financial
"This line represents deferred RSUs. The shares of Common Stock underlying"
pecuniary interest financial
"except to the extent of the reporting person's pecuniary interest therein"
separation from service financial
"will be issued to the Reporting Person following the Reporting Person's separation from service"
FAQ
What equity award did Riley H. Sanford receive from PMTS on August 31, 2026?
Riley H. Sanford received a grant of 1,135 deferred Restricted Stock Units (RSUs) on August 31, 2026. Each RSU represents the right to receive one share of CPI Card Group Inc. common stock after separation from service, and these RSUs vest on the first anniversary of the award date, subject to continued service.
What RSUs did Riley H. Sanford of PMTS exercise on August 29, 2026?
On August 29, 2026, Riley H. Sanford exercised 1,948 deferred RSUs that were awarded on August 29, 2025 and vested on the first anniversary of that award date. The exercise converted these RSUs into 1,948 shares of common stock of CPI Card Group Inc.
What indirect PMTS holdings are reported for Riley H. Sanford?
An indirect holding of 5,400 shares of CPI Card Group Inc. common stock is reported as owned by Riley H. Sanford’s spouse. Sanford disclaims beneficial ownership of these securities except to the extent of any pecuniary interest in them.
When do Riley H. Sanford’s new PMTS RSUs vest and settle?
The 1,135 RSUs awarded to Riley H. Sanford on August 31, 2026 vest on the first anniversary of that award date, subject to continued service or the award agreement. The underlying common shares will be issued after Sanford’s separation from service with CPI Card Group Inc.
AI-generated analysis. How Rhea-AI works. Not financial advice.
