CPI Card (PMTS) director exercises 1,393 RSUs and receives 1,907-unit grant
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,393 shares exercised/converted
Mixed
3 txns
Insider
Peters Nicholas
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,393 | $0.00 | -- |
| Exercise | Common Stock | 1,393 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 1,907 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 46,022 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit ("RSU") represents the right to receive one common share of the Issuer upon vesting of such RSU. 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. 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. 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
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.
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.