CPI Card HR chief vests RSUs, covers taxes
CPI Card Group Inc.'s Chief Human Resources Officer Sonya Vollmer reported equity compensation activity in company stock.
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Form Type
4
Rhea-AI Filing Summary
CPI Card Group Inc.'s Chief Human Resources Officer Sonya Vollmer reported equity compensation activity in company stock. On June 9, 2026 she exercised 1,184 Restricted Stock Units, receiving the same number of common shares. The company withheld 379 shares at $18.48 solely to cover mandatory tax obligations, which was not an open‑market sale. Following these transactions, she holds 9,420 common shares directly.
Insider Trade Summary
1,184 shares exercised/converted
Exercise
3 txns
Insider
VOLLMER SONYA
Role
Chief Human Resources Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,184 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,184 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 379 | $18.48 | $7K |
Holdings After Transaction:
Restricted Stock Units — 0 contracts (Direct);
Common Stock — 9,420 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. Shares withheld by Issuer to satisfy the mandatory tax withholding requirement upon vesting of RSUs. Not an open market sale of securities.
- F3. This line reports RSUs that were awarded on the June 9, 2023 award date, which vested in substantially equal installments on the first, second and third anniversaries of the award date.
Key Figures
Shares withheld for taxes: 379 shares at $18.48
RSUs converted: 1,184 RSUs
Common shares held after: 9,420 shares
+2 more
5 metrics
Shares withheld for taxes
379 shares at $18.48
Mandatory tax withholding on RSU vesting, June 9, 2026
RSUs converted
1,184 RSUs
Converted into 1,184 common shares on June 9, 2026
Common shares held after
9,420 shares
Direct ownership after transactions
RSU derivative balance after
0 RSUs
Reported RSUs after conversion transaction
Exercise/Conversion price
$0.00 per RSU
RSUs converted into common stock at no cash exercise price
Key Terms
Restricted Stock Units, tax withholding, derivative security, Form 4
4 terms
Restricted Stock Units financial
"This line reports RSUs that were awarded on the June 9, 2023 award date"
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.
tax withholding financial
"Shares withheld by Issuer to satisfy the mandatory tax withholding requirement upon vesting of RSUs."
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did CPI Card Group (PMTS) report for Sonya Vollmer?
CPI Card Group’s Chief Human Resources Officer Sonya Vollmer exercised 1,184 Restricted Stock Units into common stock and had 379 shares withheld to cover taxes. These transactions are compensation-related rather than open-market trades and leave her holding 9,420 common shares directly.
What does transaction code F mean in the CPI Card Group Form 4?
Transaction code F indicates shares were disposed of to pay the exercise price or tax liability on an equity award. In this case, 379 CPI Card Group shares were withheld by the issuer for mandatory tax withholding when RSUs vested, not sold in the market.
What does transaction code M represent for CPI Card Group RSUs?
Transaction code M represents the exercise or conversion of a derivative security, such as Restricted Stock Units, into common stock. For CPI Card Group, 1,184 RSUs converted into 1,184 common shares when they vested, eliminating that RSU balance and increasing share ownership.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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