CPI Card CEO gets 16,345 RSUs, 16,789 vest
John Lowe converted RSUs into 16,789 PMTS shares and received 16,345 new RSUs vesting from Aug. 31, 2027–2029; 7,386 were withheld for taxes.
Rhea-AI Filing Summary
CPI Card Group Inc. (PMTS) reported multiple equity compensation events for President and CEO John Lowe over August 29–31, 2026. Lowe exercised or converted RSUs into 16,789 common shares in total, with 7,386 shares withheld by the company to satisfy mandatory tax withholding obligations rather than sold in the market. He also received a new award of 16,345 RSUs that will vest in three substantially equal installments on August 31, 2027, 2028, and 2029, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
16,789 shares exercised/converted
Exercise
10 txns
Insider
LOWE JOHN
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F5 | 3,955 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units F1, F6 | 16,345 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 3,955 | -- | -- |
| Tax Withholding | Common Stock F2 | 1,740 | $28.97 | $50K |
| Exercise | Restricted Stock Units F1, F4 | 4,130 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 4,130 | -- | -- |
| Tax Withholding | Common Stock F2 | 1,817 | $28.83 | $52K |
| Exercise | Restricted Stock Units F1, F3 | 8,704 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 8,704 | -- | -- |
| Tax Withholding | Common Stock F2 | 3,829 | $28.83 | $110K |
Holdings After Transaction:
Restricted Stock Units — 37,877 contracts (Direct);
Common Stock — 79,070 shares (Direct)
Footnotes (6)
- F1. Each restricted stock unit ("RSU") represents the right to receive one common share of the Issuer upon vesting of such RSU.
- F2. Shares withheld by Issuer to satisfy the mandatory tax withholding requirement upon vesting RSUs. Not an open market sale of securities.
- F3. This line reports RSUs that were awarded on the August 29, 2025 award date, which vested on the first anniversary of the award date. The remaining RSUs granted on the award date will vest in substantially equal installments on the second and third anniversaries of the 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 RSUs that were awarded on the August 30, 2024 award date, which vested in substantially equal installments on the first and second anniversaries of the award date. The remaining RSUs granted on the award date will vest in a substantially equal installment on the third anniversary of the award date, subject to the reporting person's continued service through such date or as otherwise provided for in the applicable award agreement.
- F5. This line reports the remaining RSUs that were awarded on the August 31, 2023 award date, which vested in substantially equal installments on the first, second and third anniversaries of the award date.
- F6. Represents a restricted stock unit award which vests in three substantially equal installments on August 31, 2027, 2028, and 2029, subject to the reporting person's continued service through such date or as otherwise provided for in the applicable award agreement.
Key Figures
RSU exercises into common stock: 16,789 shares
Shares withheld for taxes: 7,386 shares
Tax withholding price: $28.83 per share
+5 more
8 metrics
RSU exercises into common stock
16,789 shares
Total derivative exercises (M/C/X) reported in transaction summary
Shares withheld for taxes
7,386 shares
Code F transactions for mandatory tax withholding on RSU vesting
Tax withholding price
$28.83 per share
Code F transactions on 2026-08-29 for common stock
Tax withholding price
$28.97 per share
Code F transaction on 2026-08-31 for common stock
New RSU award
16,345 RSUs
Restricted stock unit grant reported on 2026-08-31 to CEO John Lowe
RSUs vested from 2025 award
8,704 RSUs
RSUs awarded August 29, 2025 that vested on first anniversary
RSUs vested from 2024 award
4,130 RSUs
RSUs awarded August 30, 2024 vesting on first and second anniversaries
RSUs vested from 2023 award
3,955 RSUs
Remaining RSUs from August 31, 2023 award, vested over three years
Key Terms
Restricted Stock Units, mandatory tax withholding, vesting, anniversaries of the award date
4 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.
mandatory tax withholding financial
"Shares withheld by Issuer to satisfy the mandatory tax withholding requirement"
vesting financial
"represents the right to receive one common share of the Issuer upon vesting"
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.
anniversaries of the award date financial
"will vest in substantially equal installments on the second and third anniversaries"
FAQ
What insider equity transactions did PMTS CEO John Lowe report for August 29–31, 2026?
John Lowe reported RSU vestings that converted into 16,789 common shares of CPI Card Group Inc. over August 29–31, 2026, plus related share withholdings for taxes and a new restricted stock unit award.
What new RSU grant did PMTS CEO John Lowe receive in this filing?
John Lowe received a new award of 16,345 restricted stock units, each representing one PMTS common share. The award vests in three substantially equal installments on August 31, 2027, 2028, and 2029, subject to his continued service or the award agreement.
Were John Lowe’s PMTS tax withholdings reported as market sales?
No. The filing explains that shares coded as “F” were withheld by the issuer to satisfy mandatory tax withholding upon RSU vesting and are not open market sales of PMTS securities.
What RSU awards for PMTS vested for John Lowe in August 2026?
RSUs awarded on August 29, 2025, August 30, 2024, and August 31, 2023 vested in August 2026, in line with their multi-year vesting schedules, resulting in common shares being issued upon vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.
