CPI Card director gets 1,907 RSUs, exercises 1,393

CPI Card Group Inc. director Peters Nicholas reported routine equity compensation activity involving restricted stock units (RSUs).

Rhea-AI Filing Summary

CPI Card Group Inc. director Peters Nicholas reported routine equity compensation activity involving restricted stock units (RSUs). He exercised 1,393 RSUs into the same number of common shares at an exercise price of $0.00 per share, bringing his direct common stock holdings to 46,022 shares.

He also received a new grant of 1,907 RSUs, each representing one future common share upon vesting. According to the terms, these 1,907 RSUs vest on the first anniversary of the May 29, 2026 award date, as long as he continues serving the company or as otherwise provided in the award agreement.

Insider Trade Summary

1,393 shares exercised/converted

Exercise 3 txns

Insider Peters Nicholas

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 — 46,022 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 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.
4. 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 into common stock: 1,393 shares New RSU grant: 1,907 RSUs Shares held after transactions: 46,022 shares +1 more

4 metrics

RSUs exercised into common stock 1,393 shares Exercise or conversion of derivative security on May 30, 2026

New RSU grant 1,907 RSUs Grant, award, or other acquisition on May 29, 2026

Shares held after transactions 46,022 shares Total common stock directly owned after May 30, 2026 exercise

RSU exercise price $0.00 per share Conversion of 1,393 RSUs into common stock

Key Terms

Restricted Stock Units, deferred RSUs, vesting, separation from service

4 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"

vesting financial

"which vested on the first anniversary of the award date"

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 insider transactions did Peters Nicholas report at CPI Card Group Inc. (PMTS)?

Peters Nicholas reported exercising 1,393 restricted stock units into common shares and receiving a new grant of 1,907 RSUs. These transactions reflect routine equity compensation rather than open-market buying or selling of CPI Card Group Inc. stock.

How many CPI Card Group Inc. (PMTS) shares does Peters Nicholas hold after these transactions?

After exercising 1,393 RSUs, Peters Nicholas holds 46,022 shares of CPI Card Group Inc. common stock directly. This figure reflects his position immediately following the reported Form 4 transactions and provides context for the relative size of the equity awards.

What are the terms of the 1,907 RSUs granted to Peters Nicholas at CPI Card Group Inc. (PMTS)?

The 1,907 RSUs granted to Peters Nicholas each convert into one CPI Card Group Inc. common share upon vesting. They vest on the first anniversary of the May 29, 2026 award date, subject to his continued service or the conditions in the applicable award agreement.

What happened to the previously awarded deferred RSUs for Peters Nicholas at CPI Card Group Inc. (PMTS)?

The filing reports 100% of deferred RSUs awarded on May 30, 2025 have now vested. The 1,393 vested RSUs were converted into an equal number of CPI Card Group Inc. common shares, eliminating the remaining derivative balance from that specific RSU award.

Do the reported CPI Card Group Inc. (PMTS) insider transactions involve open-market purchases or sales?

No. The transactions involve an RSU grant and the exercise of vested RSUs into common shares at $0.00 per share. They are compensation-related equity events, not open-market buying or selling of CPI Card Group Inc. stock by Peters Nicholas.

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

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Accepted by SEC EDGAR 06/02/2026 - 06:02 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^*

Peters Nicholas

(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)
05/29/2026

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	05/30/2026		M		1,393	A	(1)	46,022	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)	05/29/2026		A		1,907		(3)	(3)	Common Stock	1,907	$0	1,907	D
Restricted Stock Units	(1)	05/30/2026		M			1,393	(4)	(4)	Common Stock	1,393	$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 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.

4. 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.

	/s/ Darren Dragovich, attorney-in-fact	06/02/2026
	** 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)