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

Mallela Ravi reported acquisition or exercise transactions in this Form 4 filing.

(Neutral)

(Neutral)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Form Type

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.

Insider Trade Summary

1,393 shares exercised/converted

Exercise 3 txns

Insider Mallela Ravi

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 — 9,523 shares (Direct)

Footnotes (3)

F1. Each restricted stock unit ("RSU") represents the right to receive one common share of the Issuer upon vesting of such RSU.
F2. 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.
F3. 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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.

How many CPI Card Group (PMTS) common shares does Ravi Mallela hold after these transactions?

Following the vesting and settlement of 1,393 RSUs into common shares, Ravi Mallela directly holds 9,523 shares of CPI Card Group common stock. This figure reflects his position after the reported May 30, 2026 transactions.

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.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

Accepted by SEC EDGAR 06/02/2026 - 06:03 PM EDT

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^*

Mallela Ravi

(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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/30/2026		M		1,393	A	⁽¹⁾	9,523	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾	05/29/2026		A		1,907		⁽²⁾	⁽²⁾	Common Stock	1,907	$0	1,907	D
Restricted Stock Units	⁽¹⁾	05/30/2026		M			1,393	⁽³⁾	⁽³⁾	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. 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.

3. 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.

	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)

Source: View Original Filing on SEC EDGAR