PMTS director exercises RSUs, gets new grant
CPI Card Group Inc. director Valerie Soranno Keating reported routine equity compensation activity.
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Form Type
4
Rhea-AI Filing Summary
CPI Card Group Inc. director Valerie Soranno Keating reported routine equity compensation activity. She received a grant of 1,907 restricted stock units, each representing one future common share, which will vest on the first anniversary of the May 29, 2026 award date if she continues in service. She also exercised 1,393 previously deferred RSUs awarded on May 30, 2025, which had vested after one year, converting them into 1,393 shares of common stock. Following these transactions, she directly holds 34,819 common shares, and the new 1,907-unit RSU award remains outstanding until vesting.
Insider Trade Summary
1,393 shares exercised/converted
Exercise
3 txns
Insider
Soranno Keating Valerie
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,393 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,393 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 1,907 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 1,907 contracts (Direct);
Common Stock — 34,819 shares (Direct)
Footnotes (4)
- F1. Each restricted stock unit ("RSU") represents the right to receive one common share of the Issuer upon vesting of such RSU.
- 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.
- F3. The 1,907 RSUs reported on this line vest on the first anniversary of the May 29, 2026 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 100% of the deferred RSUs that were awarded on the May 30, 2025 award date, which vested on the first anniversary of the award date.
Key Figures
RSUs exercised: 1,393 units
New RSU grant: 1,907 units
Shares held after transactions: 34,819 shares
+2 more
5 metrics
RSUs exercised
1,393 units
Deferred RSUs awarded May 30, 2025, now converted to common stock
New RSU grant
1,907 units
Award date May 29, 2026, vesting on first anniversary
Shares held after transactions
34,819 shares
Common stock directly held after RSU exercise
Exercise transactions
1 transaction
Derivative exercise or conversion on May 30, 2026
Total acquire-type transactions
3 transactions
All reported events are acquisitions or exercises, no sales
Key Terms
Restricted Stock Units, deferred RSUs, vest, derivative security, +1 more
5 terms
Restricted Stock Units financial
"The 1,907 RSUs reported on this line vest on the first anniversary..."
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..."
vest financial
"The 1,907 RSUs reported on this line vest on the first anniversary..."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
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.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did PMTS director Valerie Soranno Keating report?
She reported routine equity compensation activity: exercising 1,393 restricted stock units into common stock and receiving a new grant of 1,907 RSUs. These transactions increase her equity-based compensation exposure without any open-market buying or selling of CPI Card Group Inc. shares.
What are the terms of the 1,907 RSUs granted to the PMTS director?
The 1,907 restricted stock units were awarded on May 29, 2026 and vest on the first anniversary of that award date. Vesting is conditioned on her continued service or as otherwise provided in the applicable award agreement, after which each RSU delivers one common share.
What happened to the 1,393 RSUs reported on CPI Card Group’s Form 4?
The 1,393 RSUs were deferred units awarded on May 30, 2025 that vested after one year. They were fully converted into 1,393 shares of common stock and issued to Valerie Soranno Keating, reducing the RSU balance from that specific award to zero.
Does this PMTS Form 4 show any stock sales or open-market purchases?
No stock sales or open-market purchases are reported. The filing shows an RSU grant and the exercise of previously awarded RSUs into common stock. These are compensation and vesting events, not discretionary market trades in CPI Card Group Inc. shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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