CPI Card (NASDAQ: PMTS) director granted 1,907 RSUs as 1,393 units vest
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mallela Ravi reported acquisition or exercise transactions in this Form 4 filing.
CPI Card Group Inc. director Ravi Mallela reported routine equity compensation activity. On May 29, 2026, he received a grant of 1,907 Restricted Stock Units (RSUs), each representing one share of common stock, which vest on the first anniversary of the award date, subject to continued service.
On May 30, 2026, 1,393 RSUs from a prior May 30, 2025 award fully vested and were settled into 1,393 shares of common stock. Following these transactions, he directly holds 9,523 shares of CPI Card Group common stock, and no RSUs remain from the 2025 award.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,393 shares exercised/converted
Mixed
3 txns
Insider
Mallela Ravi
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 — 9,523 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. 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 RSUs that were awarded on the May 30, 2025 award date, which vested on the first anniversary of the award date.
Key Figures
New RSU grant: 1,907 RSUs
RSUs vested: 1,393 RSUs
Common shares received: 1,393 shares
+2 more
5 metrics
New RSU grant
1,907 RSUs
Awarded May 29, 2026, vesting on first anniversary
RSUs vested
1,393 RSUs
From May 30, 2025 award, vested May 30, 2026
Common shares received
1,393 shares
Common stock issued upon RSU vesting
Shares held after transactions
9,523 shares
Direct common stock holdings following May 30, 2026
Derivative exercises
1,393 RSUs exercised
Exercise or conversion of derivative security reported
Key Terms
Restricted Stock Units, RSU, vest, 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.
RSU financial
"Each restricted stock unit ("RSU") represents the right to receive one common share"
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
vest financial
"RSUs reported on this line vest on the first anniversary of the May 29, 2026 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.
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What insider transactions did CPI Card Group (PMTS) director Ravi Mallela report?
Ravi Mallela reported routine equity compensation events: vesting and settlement of 1,393 previously granted RSUs into common shares and a new grant of 1,907 RSUs, all held directly as part of his compensation package.
How many CPI Card Group (PMTS) RSUs did Ravi Mallela receive in the latest grant?
He received a grant of 1,907 Restricted Stock Units (RSUs). Each RSU represents the right to receive one share of CPI Card Group common stock upon vesting, subject to his continued service with the company through the vesting date.
When do Ravi Mallela’s new CPI Card Group (PMTS) RSUs vest?
The 1,907 RSUs granted to Ravi Mallela vest on the first anniversary of the May 29, 2026 award date, provided he continues to serve the company or as otherwise provided in the applicable award agreement’s terms.
What happened to Ravi Mallela’s prior CPI Card Group (PMTS) RSU award?
The Form 4 shows that 100% of the RSUs awarded on May 30, 2025 vested on their first anniversary. Upon vesting, 1,393 RSUs were settled into 1,393 shares of CPI Card Group common stock held directly by him.
Are Ravi Mallela’s reported CPI Card Group (PMTS) transactions open-market buys or sales?
No, the transactions are not open-market buys or sales. They represent vesting and conversion of Restricted Stock Units and a new RSU grant, which are standard components of equity-based director compensation rather than discretionary market trades.