CPI Card (NASDAQ: PMTS) director granted 2,164 RSUs and converts 1,072 into shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CPI Card Group Inc. director Nicholas Peters reported routine equity compensation activity. He received a grant of 2,164 restricted stock units (RSUs), each representing one share of common stock upon vesting. These RSUs vest on the first anniversary of the March 31, 2026 award date, subject to continued service or the award agreement terms.
Peters also exercised 1,072 previously deferred RSUs awarded on March 31, 2025, converting them into 1,072 shares of common stock at a conversion price of $0.00. Following these transactions, he directly holds 44,629 shares of CPI Card Group common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,072 shares exercised/converted
Mixed
3 txns
Insider
Peters Nicholas
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,164 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,072 | $0.00 | -- |
| Exercise | Common Stock | 1,072 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 2,164 shares (Direct);
Common Stock — 44,629 shares (Direct)
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 2,164 RSUs reported on this line vest on the first anniversary of the March 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. This line reports 100% of the deferred RSUs that were awarded on the March 31, 2025 award date, which vested on the 12 month anniversary of the award date.
Key Figures
New RSU grant: 2,164 RSUs
RSUs exercised: 1,072 RSUs
Common shares received: 1,072 shares
+2 more
5 metrics
New RSU grant
2,164 RSUs
Awarded on March 31, 2026, each for one common share
RSUs exercised
1,072 RSUs
Deferred RSUs awarded March 31, 2025, now converted
Common shares received
1,072 shares
Shares of CPI Card Group common stock issued upon RSU exercise
Shares held after transactions
44,629 shares
Direct holdings of common stock following March 31, 2026 activity
RSU conversion price
$0.00 per unit
Conversion or exercise price for the 1,072 deferred RSUs
Key Terms
Restricted Stock Units, deferred RSUs, vesting, exercise or conversion of derivative security
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.
deferred RSUs financial
"This line represents deferred RSUs. The shares of Common Stock underlying these RSUs will be issued"
vesting financial
"The 2,164 RSUs reported on this line vest on the first anniversary of the March 31, 2026 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.
exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
