CPI Card director awarded 1,135 RSUs, 1,948 shares
CPI Card Group director Thomas Furey’s RSU conversion and new grant increase his directly held shares to 17,970.
Rhea-AI Filing Summary
CPI Card Group Inc. (PMTS) director Thomas Furey reported equity compensation and a related RSU conversion. On August 31, 2026, he received a grant of 1,135 Restricted Stock Units, each representing one share of common stock; these RSUs vest on the first anniversary of the award date and are structured as deferred RSUs, with shares issued following his separation from service. On August 29, 2026, 1,948 deferred RSUs awarded on August 29, 2025 vested and were converted into 1,948 shares of common stock, increasing his directly held common shares to 17,970.
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Insider Trade Summary
1,948 shares exercised/converted
Exercise
3 txns
Insider
FUREY THOMAS
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F3, F1, F4 | 1,135 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1, F2 | 1,948 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 1,948 | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 1,135 contracts (Direct);
Common Stock — 17,970 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 reports 100% of the deferred RSUs that were awarded on the August 29, 2025 award date, which vested on the first anniversary of the award date.
- F3. 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.
- F4. The 1,135 RSUs reported on this line vest on the first anniversary of the August 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.
Key Figures
New RSU grant: 1,135 Restricted Stock Units
Deferred RSUs converted: 1,948 Restricted Stock Units
Common stock acquired via RSU conversion: 1,948 shares of Common Stock
+2 more
5 metrics
New RSU grant
1,135 Restricted Stock Units
Granted to Thomas Furey on August 31, 2026; vest on first anniversary
Deferred RSUs converted
1,948 Restricted Stock Units
Deferred RSUs awarded August 29, 2025; vested and converted on August 29, 2026
Common stock acquired via RSU conversion
1,948 shares of Common Stock
Issued on August 29, 2026 upon exercise/conversion of RSUs
Shares held after transaction
17,970 shares of Common Stock
Directly owned by Thomas Furey following August 29, 2026 conversion
RSU-to-share ratio
1 RSU = 1 common share
Each restricted stock unit represents the right to receive one common share upon vesting
Key Terms
Restricted Stock Units, deferred RSUs, vest, separation from service, +1 more
5 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 reports 100% of the deferred RSUs that were awarded"
vest financial
"which vested on the first anniversary of the award date"
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.
separation from service financial
"shares of Common Stock underlying these RSUs will be issued ... following the Reporting Person's separation from service"
exercise or conversion of derivative security financial
"transaction code description": "Exercise or conversion of derivative security"
FAQ
What equity award did Thomas Furey receive from CPI Card Group Inc. (PMTS) on August 31, 2026?
On August 31, 2026, Thomas Furey received a grant of 1,135 Restricted Stock Units, each representing one share of CPI Card Group Inc. common stock. These RSUs vest on the first anniversary of the August 31, 2026 award date and are structured as deferred RSUs.
When do the 1,135 RSUs granted to Thomas Furey by PMTS vest?
The 1,135 RSUs granted to Thomas Furey on August 31, 2026 vest on the first anniversary of the award date, subject to his continued service with CPI Card Group Inc. or as otherwise provided in the applicable award agreement.
What happened to Thomas Furey’s 2025 deferred RSU award at CPI Card Group Inc. (PMTS)?
Deferred RSUs awarded to Thomas Furey on August 29, 2025 vested on their first anniversary. On August 29, 2026, 1,948 RSUs were converted into 1,948 shares of common stock of CPI Card Group Inc.
What are deferred RSUs in the context of Thomas Furey’s PMTS awards?
For Thomas Furey’s awards, deferred RSUs represent units where each RSU equals one common share of CPI Card Group Inc., with the underlying shares issued following his separation from service, rather than immediately upon vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.
