CPI Card Group chair buys 11,900 shares at $16

CPI Card Group Inc. director and non-executive chairman Riley H. Sanford reported open-market purchases of the company’s common stock.

Rhea-AI Filing Summary

CPI Card Group Inc. director and non-executive chairman Riley H. Sanford reported open-market purchases of the company’s common stock. On May 19, 2026, an account held by his spouse bought 5,400 shares at $16.00 per share, and a separate direct account bought 6,500 shares at the same price.

After these transactions, Sanford directly holds 259,938 shares, and his spouse holds 5,400 shares reported as indirect ownership. He disclaims beneficial ownership of his spouse’s shares except for any pecuniary interest.

Insider Trade Summary

Net Buyer: 11,900 shares

Net Buy 2 txns

Insider Riley H Sanford

Role Director

Bought 11,900 shs ($190K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	6,500	$16.00	$104K
Purchase	Common Stock	5,400	$16.00	$86K

Holdings After Transaction: Common Stock — 259,938 shares (Direct); Common Stock — 5,400 shares (Indirect, By Spouse)

Footnotes (1)

1. F1. 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.

Key Figures

Direct shares purchased: 6,500 shares Indirect shares purchased (spouse): 5,400 shares Total shares purchased: 11,900 shares +3 more

6 metrics

Direct shares purchased 6,500 shares Common Stock bought at $16.00 on May 19, 2026

Indirect shares purchased (spouse) 5,400 shares Common Stock bought at $16.00 on May 19, 2026

Total shares purchased 11,900 shares Aggregate open-market purchases on May 19, 2026

Purchase price $16.00/share Price for both reported Common Stock purchases

Direct holdings after transaction 259,938 shares Common Stock directly owned by Sanford after purchases

Indirect spouse holdings after transaction 5,400 shares Common Stock held in spouse’s account after purchase

Key Terms

open-market purchase, beneficial ownership, pecuniary interest, indirect ownership

4 terms

open-market purchase financial

"transaction_action: open-market purchase"

An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.

beneficial ownership financial

"The reporting person disclaims beneficial ownership of the securities"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

pecuniary interest financial

"except to the extent of the reporting person's pecuniary interest therein"

indirect ownership financial

"ownership_type: indirect; nature_of_ownership: By Spouse"

FAQ

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

What insider transactions did Riley H. Sanford report for CPI Card Group (PMTS)?

Riley H. Sanford reported two open-market purchases of CPI Card Group common stock. On May 19, 2026, he bought 6,500 shares directly and 5,400 shares were purchased in an account held by his spouse, all at $16.00 per share.

How many CPI Card Group (PMTS) shares did Riley H. Sanford buy and at what price?

Riley H. Sanford reported buying a total of 11,900 CPI Card Group shares. The transactions occurred at a purchase price of $16.00 per share, split between 6,500 directly owned shares and 5,400 shares held by his spouse.

What are Riley H. Sanford’s direct CPI Card Group (PMTS) holdings after these trades?

After the reported purchases, Riley H. Sanford directly holds 259,938 CPI Card Group common shares. This figure reflects his direct ownership only and excludes the 5,400 shares held indirectly through his spouse’s account.

How many CPI Card Group (PMTS) shares are held indirectly through Riley H. Sanford’s spouse?

An account held by Riley H. Sanford’s spouse holds 5,400 CPI Card Group common shares. These are reported as indirectly owned, and Sanford disclaims beneficial ownership of those shares except to the extent of his pecuniary interest.

What does it mean that Riley H. Sanford disclaims beneficial ownership of his spouse’s CPI Card Group (PMTS) shares?

Disclaiming beneficial ownership means Sanford states he should not be treated as the economic owner of his spouse’s 5,400 shares, except for any pecuniary interest. The shares are reported due to SEC rules but attributed primarily to his spouse’s account.

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

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Accepted by SEC EDGAR 05/21/2026 - 04:31 PM EDT 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

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^*

Riley H Sanford

(Last) (First) (Middle)

C/O CPI CARD GROUP INC.

10368 WEST CENTENNIAL ROAD

(Street)

LITTLETON COLORADO 80127

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
CPI Card Group Inc. [ PMTS ]

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

X	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
			Non-Executive Chairman

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/19/2026

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

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

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

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	05/19/2026		P		6,500	A	$16	259,938	D
Common Stock	05/19/2026		P		5,400	A	$16	5,400	I	By Spouse(1)

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

Explanation of Responses:

1. 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.

	Darren Dragovich, attorney-in-fact	05/21/2026
	** 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.
* Form 4: SEC 1474 (03-26)