CPI Card director buys 13,953 shares at $21.50
Rhea-AI Filing Summary
CPI Card Group Inc. (PMTS) director and Non-Executive Chairman Riley H. Sanford purchased 13,953 shares of common stock on September 14, 2026 at $21.50 per share in an open-market or private transaction, bringing Sanford’s directly held stake to 277,232 shares. An additional 5,400 shares are held indirectly by the spouse, for which Sanford disclaims beneficial ownership except to the extent of any pecuniary interest. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 13,953 shares
Net Buy
2 txns
Insider
Riley H Sanford
Role
Director
Bought
13,953 shs ($300K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 13,953 | $21.50 | $300K |
| holding | Common Stock F1 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 277,232 shares (Direct);
Common Stock — 5,400 shares (Indirect, By Spouse)
Footnotes (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
Shares purchased: 13,953 shares
Purchase price per share: $21.50 per share
Direct holdings after transaction: 277,232 shares
+1 more
4 metrics
Shares purchased
13,953 shares
Common stock bought on September 14, 2026
Purchase price per share
$21.50 per share
Open-market or private purchase on September 14, 2026
Direct holdings after transaction
277,232 shares
Common stock directly owned by Riley H. Sanford following the purchase
Indirect spouse holdings
5,400 shares
Common stock held indirectly by spouse; beneficial ownership disclaimed except for pecuniary interest
Key Terms
Rule 10b5-1, beneficial ownership, indirect
3 terms
Rule 10b5-1 regulatory
"No Rule 10b5-1 trading plan is reported for these transactions"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
beneficial ownership financial
"The reporting person disclaims beneficial ownership of the securities held by the spouse"
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.
indirect financial
"5,400 shares are held indirectly by the spouse, noted as By Spouse"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did PMTS director Riley H. Sanford report on this Form 4?
Riley H. Sanford reported a purchase of 13,953 shares of CPI Card Group Inc. common stock on September 14, 2026 at $21.50 per share in an open-market or private transaction.
What type of transaction code is reported for Riley H. Sanford’s PMTS trade?
The transaction is coded as P, which the filing describes as a purchase in open market or private transaction of CPI Card Group Inc. common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.