CPI Card Group director receives 2,164 RSUs, exercises 1,072

CPI Card Group Inc. director Marc Sheinbaum reported equity compensation activity involving restricted stock units (RSUs) and common shares.

Rhea-AI Filing Summary

CPI Card Group Inc. director Marc Sheinbaum reported equity compensation activity involving restricted stock units (RSUs) and common shares. On March 31, 2026, he received a grant of 2,164 RSUs, each representing one share of common stock, which vest on the first anniversary of the award date, subject to continued service or the award agreement terms.

He also exercised 1,072 previously awarded deferred RSUs from the March 31, 2025 grant, which had vested after 12 months. These RSUs converted into 1,072 shares of common stock at no exercise price, bringing his directly held common stock position to 18,508 shares after the transactions.

Insider Trade Summary

1,072 shares exercised/converted

Exercise 3 txns

Insider SHEINBAUM MARC

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	2,164	$0.00	$0.00
Exercise	Restricted Stock Units	1,072	$0.00	$0.00
Exercise	Common Stock	1,072	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 2,164 contracts (Direct); Common Stock — 18,508 shares (Direct)

Footnotes (4)

1. F1. Each restricted stock unit ("RSU") represents the right to receive one common share of the Issuer upon vesting of such RSU.
2. F2. 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.
3. F3. The 2,164 RSUs reported on this line vest on the first anniversary of the March 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.
4. F4. This line reports 100% of the deferred RSUs that were awarded on the March 31, 2025 award date, which vested on the 12 month anniversary of the award date.

Key Figures

RSU grant size: 2,164 RSUs RSUs exercised: 1,072 RSUs Shares from RSU exercise: 1,072 shares +3 more

6 metrics

RSU grant size 2,164 RSUs Granted on March 31, 2026, vesting after one year

RSUs exercised 1,072 RSUs Deferred RSUs from March 31, 2025 award converted to stock

Shares from RSU exercise 1,072 shares Common stock received upon RSU conversion at $0.00 exercise price

Post-transaction common shares 18,508 shares Direct CPI Card Group common stock holdings after March 31, 2026 transactions

Exercise price for RSUs $0.00 per share Conversion or exercise price for the 1,072 RSUs exercised

New RSU-to-share ratio 1 RSU : 1 share Each restricted stock unit represents one CPI Card Group common share

Key Terms

Restricted Stock Units, deferred RSUs, vesting, 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 these RSUs"

vesting financial

"The 2,164 RSUs reported on this line vest on the first anniversary"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

separation from service financial

"shares ... will be issued ... following the Reporting Person's separation from service"

FAQ

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

What did CPI Card Group (PMTS) director Marc Sheinbaum report in this Form 4?

Marc Sheinbaum reported equity compensation activity, including a new grant of restricted stock units and the exercise of previously awarded RSUs into common stock. These transactions increased his directly held common share position while reflecting routine director compensation and vesting activity.

How many restricted stock units did Marc Sheinbaum receive from CPI Card Group (PMTS)?

He received 2,164 restricted stock units, each representing one CPI Card Group common share. These RSUs were granted on March 31, 2026 and are scheduled to vest on the first anniversary of the award date, subject to his continued service or the applicable award agreement terms.

When do Marc Sheinbaum’s new RSUs in CPI Card Group (PMTS) vest?

The 2,164 RSUs granted on March 31, 2026 vest on the first anniversary of that award date. Vesting is conditioned on his continued service with CPI Card Group through that date or as otherwise provided under the governing award agreement for this grant.

What happened to the deferred RSUs from the March 31, 2025 CPI Card Group (PMTS) award?

The Form 4 shows 1,072 deferred RSUs from the March 31, 2025 award were fully vested and then exercised into common stock. Those RSUs converted into 1,072 CPI Card Group common shares at no exercise price, reflecting the settlement of that prior equity award.

How many CPI Card Group (PMTS) shares does Marc Sheinbaum hold after these transactions?

Following the March 31, 2026 activity, he directly holds 18,508 CPI Card Group common shares. This figure reflects the addition of 1,072 shares from the exercise of vested RSUs and incorporates all directly held common stock reported in this Form 4 filing.

What are deferred RSUs for CPI Card Group (PMTS) as described in this filing?

Deferred RSUs are restricted stock units where underlying common shares are issued at a later time. The filing notes certain CPI Card Group deferred RSUs will deliver common stock to the reporting person following separation from service, reflecting a deferred settlement feature of those awards.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 04/02/2026 - 05:15 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^*

SHEINBAUM MARC

(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)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

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	03/31/2026		M		1,072	A	(1)	18,508	D

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
Restricted Stock Units(2)	(1)	03/31/2026		A		2,164		(3)	(3)	Common Stock	2,164	$0	2,164	D
Restricted Stock Units	(1)	03/31/2026		M			1,072	(4)	(4)	Common Stock	1,072	$0	0	D

Explanation of Responses:

1. Each restricted stock unit ("RSU") represents the right to receive one common share of the Issuer upon vesting of such RSU.

2. 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.

3. The 2,164 RSUs reported on this line vest on the first anniversary of the March 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.

4. This line reports 100% of the deferred RSUs that were awarded on the March 31, 2025 award date, which vested on the 12 month anniversary of the award date.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney

	Darren Dragovich, attorney-in-fact	04/02/2026
	** 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)