CPI Card exec gets 1,362 RSUs, 1,418 shares vest
On Aug. 31, 2026, Dixon received a new award of 1,362 RSUs that will vest in three installments from Aug. 31, 2027 through 2029, subject to continued service.
Rhea-AI Filing Summary
CPI Card Group Inc. (PMTS) reported multiple equity compensation transactions for Chief Digital Officer Robert Michael Dixon over August 29–31, 2026. Previously granted restricted stock units (RSUs) from 2023, 2024, and 2025 vested, with each RSU converting into one share of common stock. In connection with these vestings, the issuer withheld shares to satisfy mandatory tax withholding requirements, which were not open-market sales. On August 31, 2026, Dixon also received a new award of 1,362 RSUs that will vest in three substantially equal installments on August 31, 2027, 2028, and 2029, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,418 shares exercised/converted
Exercise
10 txns
Insider
Dixon Robert Michael
Role
Chief Digital Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F5 | 740 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units F1, F6 | 1,362 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 740 | -- | -- |
| Tax Withholding | Common Stock F2 | 223 | $28.97 | $6K |
| Exercise | Restricted Stock Units F1, F4 | 154 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 154 | -- | -- |
| Tax Withholding | Common Stock F2 | 47 | $28.83 | $1K |
| Exercise | Restricted Stock Units F1, F3 | 524 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 524 | -- | -- |
| Tax Withholding | Common Stock F2 | 158 | $28.83 | $5K |
Holdings After Transaction:
Restricted Stock Units — 2,558 contracts (Direct);
Common Stock — 9,737 shares (Direct)
Footnotes (6)
- F1. Each restricted stock unit ("RSU") represents the right to receive one common share of the Issuer upon vesting of such RSU.
- F2. Shares withheld by Issuer to satisfy the mandatory tax withholding requirement upon vesting RSUs. Not an open market sale of securities.
- F3. This line reports RSUs that were awarded on the August 29, 2025 award date, which vested on the first anniversary of the award date. The remaining RSUs granted on the award date will vest in substantially equal installments on the second and third anniversaries of the award date, subject to the reporting person's continued service through such date or as otherwise provided for in the applicable award agreement.
- F4. This line reports RSUs that were awarded on the August 30, 2024 award date, which vested in substantially equal installments on the first and second anniversaries of the award date. The remaining RSUs granted on the award date will vest in a substantially equal installment on the third anniversary of the award date, subject to the reporting person's continued service through such date or as otherwise provided for in the applicable award agreement.
- F5. This line reports the remaining RSUs that were awarded on the August 31, 2023 award date, which vested in substantially equal installments on the first, second and third anniversaries of the award date.
- F6. Represents a restricted stock unit award which vests in three substantially equal installments on August 31, 2027, 2028, and 2029, subject to the reporting person's continued service through such date or as otherwise provided for in the applicable award agreement.
Key Figures
Derivative exercises (shares): 1,418 shares
Tax withholding shares: 428 shares
New RSU award: 1,362 RSUs
+2 more
5 metrics
Derivative exercises (shares)
1,418 shares
Total shares from derivative exercises (code M) in this Form 4
Tax withholding shares
428 shares
Shares delivered or withheld for tax liability (code F) in this Form 4
New RSU award
1,362 RSUs
Restricted stock unit grant to Robert Michael Dixon on August 31, 2026
Tax withholding price 1
$28.83 per share
Price used for F-code withholding transactions on August 29–30, 2026
Tax withholding price 2
$28.97 per share
Price used for F-code withholding transaction on August 31, 2026
Key Terms
Restricted Stock Units, mandatory tax withholding requirement, Exercise or conversion of derivative security, Payment of tax liability by delivering or withholding securities
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.
mandatory tax withholding requirement financial
"Shares withheld by Issuer to satisfy the mandatory tax withholding requirement"
Exercise or conversion of derivative security financial
"transaction_code_description":"Exercise or conversion of derivative security"
Payment of tax liability by delivering or withholding securities financial
"transaction_code_description":"Payment of tax liability by delivering or withholding securities"
FAQ
What equity transactions did PMTS executive Robert Michael Dixon report in this Form 4?
Robert Michael Dixon reported RSU vesting and conversions into common stock on August 29–31, 2026, related to awards granted in 2023, 2024, and 2025, plus a new grant of 1,362 RSUs on August 31, 2026 that will vest over three years.
How many restricted stock units were newly granted to the PMTS executive?
On August 31, 2026, Robert Michael Dixon received a grant of 1,362 restricted stock units, each representing the right to receive one share of CPI Card Group Inc. common stock upon vesting, subject to continued service through the scheduled vesting dates.
Over what period will the new 1,362 RSUs for PMTS vest?
The 1,362 RSUs granted on August 31, 2026 will vest in three substantially equal installments on August 31, 2027, 2028, and 2029, provided that the reporting person continues in service or as otherwise provided in the applicable award agreement.
What prices were used for tax withholding on PMTS common stock?
Shares withheld for tax purposes were valued at per-share prices of $28.83 and $28.97 on different dates, according to the Form 4 transactions coded F, which are described as payments of tax liability by delivering or withholding securities.
AI-generated analysis. How Rhea-AI works. Not financial advice.
