Welcome to our dedicated page for CPI Card Group SEC filings (Ticker: PMTS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
CPI Card Group Inc. filings document formal disclosures for a payments technology company serving U.S. card issuers, processors, fintechs and prepaid program managers. Form 8-K reports furnish quarterly and annual earnings releases, Regulation FD presentations, segment realignment information and updates tied to the company's payment card, instant issuance, digital solutions and prepaid activities.
The filing record also includes governance and capital-structure matters. The definitive proxy statement covers board matters, executive compensation, equity awards and shareholder voting items, while material-event filings describe executive transitions, amendments to the company's asset-based revolving credit facility, senior secured note redemptions and related debt obligations.
CPI Card Group Inc. Chief Human Resources Officer Sonya Vollmer reported routine equity compensation activity involving restricted stock units. On March 29, 2026, 517 restricted stock units converted into 517 common shares upon vesting. To cover mandatory taxes, 126 common shares were withheld by the company at $14.19 per share, leaving her with 7,712 common shares held directly after the transactions. These events reflect standard RSU vesting, not open-market buying or selling.
CPI Card Group Inc. Chief Operating Officer Anntoinette Thompson exercised restricted stock units into common shares in a routine compensation-related transaction. On March 29, 2026, 717 restricted stock units converted into 717 common shares at an exercise price of $0.00 per share.
To cover mandatory tax withholding upon this RSU vesting, 211 common shares were withheld by the company at $14.19 per share, which was not an open-market sale. After these transactions, Thompson directly owned 8,219 shares of CPI Card Group Inc. common stock.
CPI Card Group Inc. Chief Commercial Officer Margaret O'Leary reported routine equity compensation activity involving restricted stock units and related tax withholding. She exercised RSUs into 970 shares of common stock, then had 279 shares withheld by the company to cover mandatory taxes, which the filing notes is not an open-market sale.
After these transactions, she directly holds 27,132 shares of common stock, and an additional 500 shares are held indirectly by her spouse. The RSUs were part of an award granted on March 29, 2024 that vests in three annual tranches, tied to her continued service.
CPI Card Group Inc. officer Donna Abbey Carmignani exercised 371 restricted stock units into common shares on March 29, 2026. To cover mandatory taxes at $14.19 per share, 104 common shares were withheld by the company, not sold in the market. She ended the transactions with 10,184 common shares held directly, a net increase of 267 shares from this routine compensation vesting.
CPI Card Group Inc. Chief Digital Officer Robert Michael Dixon reported routine equity compensation activity. On March 29, 2026, 242 restricted stock units converted into 242 shares of common stock at no exercise price as part of a scheduled vesting. The company withheld 73 shares at $14.19 per share to cover mandatory tax obligations, which was not an open-market sale. After these transactions, Dixon directly owned 7,717 shares of CPI Card Group common stock.
CPI Card Group Inc.'s interim chief financial officer, Terra Lee Grantham, exercised 404 restricted stock units, receiving the same number of common shares at a conversion price of $0.00 per share. To cover mandatory taxes on the RSU vesting, 114 common shares were withheld by the company at $14.19 per share, which is not an open-market sale. After these transactions, Grantham directly holds 14,954 common shares. The RSUs were part of an award granted on March 29, 2024, vesting over three years in three tranches of 33.4%, 33.3%, and 33.3%.
CPI Card Group Inc. filed an initial ownership report for Chief Digital Officer Robert Michael Dixon. The Form 3 shows his direct holdings of company equity, including common stock, stock options and multiple restricted stock unit (RSU) awards.
Each RSU represents the right to receive one common share upon vesting. The footnotes explain that these RSU grants generally vest over three years in tranches of 33.4%, 33.3% and 33.3%, subject to his continued service or the terms of the applicable award agreements. One line shows 7,548 shares of common stock held directly as of the reported date.
CPI Card Group Inc. provides physical and digital payment card solutions to U.S. financial institutions, fintechs, prepaid program managers and other sectors such as healthcare and government. It focuses on debit and credit card production, personalization, SaaS-based instant issuance and eco-focused and metal card options.
The company highlights growth in contactless and eco-focused cards, its Card@Once® instant issuance platform with about 14,000 active installations as of December 31, 2025, and the May 2025 acquisition of Arroweye to add fully integrated, on-demand card production. One customer represented about 16% of 2025 revenue and more than half of revenue came from the top 10 customers.
CPI outlines extensive risk factors, including economic downturns, inflation, supply-chain and tariff pressures, cybersecurity threats, technology shifts toward digital payments and artificial intelligence, high customer concentration, substantial indebtedness maturing in 2029, and evolving ESG and data privacy expectations. As of December 31, 2025, CPI employed approximately 1,700 people across U.S. facilities totaling about 500,000 square feet.
CPI Card Group Inc. reported strong fourth quarter 2025 results and mixed full-year performance, alongside a new segment structure and 2026 outlook. Fourth quarter revenue rose 22% to $153.1 million, with net income up 9% to $7.4 million and Adjusted EBITDA up 34% to $29.4 million.
For 2025, revenue grew 13% to $543.5 million, while net income declined 23% to $15.0 million or $1.25 diluted EPS, reflecting Arroweye acquisition and integration costs and a higher tax rate. Full-year Adjusted EBITDA increased 5% to $96.5 million, and operating cash flow improved to $59.5 million, generating Free Cash Flow of $41.3 million.
The company closed 2025 with $21.7 million of cash, $265 million of 10% senior secured notes due 2029, and $25 million drawn on its ABL revolver, for a Net Leverage Ratio of 3.1x. It implemented a new three-unit operating and reporting structure and projects high single-digit revenue growth and low-to-mid single-digit Adjusted EBITDA growth in 2026, led by more than 15% targeted revenue growth in its Integrated Paytech segment.
CPI Card Group Inc. executive Grantham Terra Lee, Interim Chief Financial Officer, reports existing equity interests in the company. The holdings include common stock, stock options and restricted stock units, all shown as directly owned as of February 13, 2026.
The report lists 14,664 shares of common stock held directly. It also details multiple stock option grants and restricted stock units, where each RSU represents the right to receive one common share upon vesting. The RSUs generally vest in three annual installments, conditioned on continued service according to the award terms.