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. announced that Chief Financial Officer Jeffrey Hochstadt has ceased serving as CFO effective February 13, 2026, and will remain with the company in an advisory role through June 30, 2026 to support the transition. After his departure, he will be eligible for severance under the company’s existing U.S. Executive Severance and Change in Control Guidelines, as previously described in its 2025 proxy statement.
The company also appointed Terra Grantham, age 55 and currently Senior Vice President, Enterprise Strategy and Growth, as Interim Chief Financial Officer effective February 13, 2026, in addition to her current responsibilities. She is a long-time internal executive with over 25 years of experience in senior finance, strategy, and product roles. There are no family relationships or related-party transactions disclosed, and as of this filing date there have been no material changes to her existing compensation in connection with the interim CFO appointment.
CPI Card Group Inc. received an updated ownership report on its common stock from investment firm Parallel49 Equity, ULC and its affiliated Tricor Pacific funds. Following share sales, the reporting group now beneficially owns 2,687,921 shares of common stock, representing 23.6% of the class based on 11,387,538 shares outstanding as of October 28, 2025. All of these shares are held through Tricor Pacific Capital Partners (Fund IV), Limited Partnership and Tricor Pacific Capital Partners (Fund IV) US, Limited Partnership, with shared voting and dispositive power.
Tricor Pacific Capital Partners (Fund IV) now reports 1,690,238 shares, or 14.8% of the class, while Tricor Pacific Capital Partners (Fund IV) US holds 997,683 shares, or 8.8%. The filing notes that the current beneficial ownership reflects the sale of an aggregate 2,126,056 shares of CPI Card Group common stock by the Tricor funds under Share Purchase Agreements dated December 4, 2025.
CPI Card Group Inc. disclosed the initial holdings of a director-related investor. The filing reports indirect beneficial ownership of 2,176,056 shares of common stock, all held by Tricor PMT25 Holdings Inc., a wholly owned subsidiary of Tricor Pacific Capital Inc. Tricor is described as a family office investing on behalf of Roderick R. Senft and two family trusts. Voting and investment decisions for these shares are made by or at the direction of Tricor’s board of directors, which includes Mr. Senft and five other members. The filing notes that Mr. Senft disclaims beneficial ownership of the shares.
CPI Card Group Inc. disclosed a major share sale by investment funds managed by Parallel49 Equity. On December 4, 2025, these reporting persons sold 2,126,056 shares of common stock at $13.51 per share in a transaction coded as a sale.
The sale was made pursuant to Share Purchase Agreements between the reporting person and the purchasers dated December 4, 2025. Following this transaction, the reporting persons beneficially owned 2,687,921 shares of CPI Card Group common stock.
Of the shares sold, 1,336,922 were sold by Tricor Pacific Capital Partners (Fund IV), LP, which then held 1,690,238 shares, and 789,134 were sold by Tricor Pacific Capital Partners (Fund IV) US, LP, which then held 997,683 shares. Both Tricor funds are managed by Parallel49 Equity, ULC as general partner, and members of the investment committee disclaim beneficial ownership of the funds’ holdings.
CPI Card Group (PMTS) reported an insider open‑market purchase. The Non‑Executive Chairman and Director acquired 10,000 shares of common stock on 11/06/2025 at a weighted average price of $14.1999 (price range $14.12–$14.20), coded “P” for a purchase.
Following this transaction, the reporting person beneficially owns 51,457 shares, held directly. The filing notes the weighted‑average pricing and that detailed trade‑by‑trade prices within the stated range are available upon request.
CPI Card Group Inc. (PMTS) reported Q3 2025 results with total net sales of $137,966 (up 10.6% year over year). Products contributed $84,453 and Services $53,513. Gross profit was $40,993 and gross margin declined to 29.7%, reflecting a negative sales mix and higher tariffs and depreciation. Net income was $2,308, or $0.19 diluted EPS.
Year-to-date, net sales were $390,480 and net income $7,600. The company closed the $45.8 million Arroweye acquisition in May, contributing to Product sales. On July 15, it redeemed $20.0 million of 10.000% Senior Notes at 103.000%. The ABL Revolver was amended on July 2 to $100.0 million, with $47,000 outstanding as of September 30. Cash was $15,955; long-term debt was $308,433 (including $265,000 Senior Notes). Shares outstanding were 11,387,538 as of October 28, 2025.
CPI Card Group (PMTS) furnished an 8-K announcing financial results for the quarter ended September 30, 2025 and a public conference call on November 4, 2025. The call will feature President & CEO John Lowe and CFO Jeffrey Hochstadt.
The company attached a press release as Exhibit 99.1 and a presentation as Exhibit 99.2. The materials under Items 2.02 and 7.01 are furnished, not filed.
CPI Card Group (PMTS) reported an insider equity transaction by its Chief Information Officer. On 10/31/2025, 4,653 restricted stock units (RSUs) vested and were settled into common stock (Code M). To cover taxes, 1,338 shares were withheld by the issuer at a price of $15.64 (Code F), leaving 3,315 shares beneficially owned directly after the transactions.
The filing also shows 9,300 RSUs remaining beneficially owned. Per the award terms, 33.4% of the October 31, 2024 RSU grant vested on its first anniversary, with 33.3% scheduled to vest on each of the second and third anniversaries, subject to continued service or as otherwise provided in the award agreement.
CPI Card Group (PMTS) reported an insider equity transaction by its Chief Legal/Compliance Officer. On 10/31/2025, 3,489 common shares were acquired upon RSU vesting (code M), and 1,004 shares were withheld (code F) at $15.64 to cover taxes. Following these transactions, 2,485 common shares were beneficially owned directly. RSUs outstanding after the event were 6,976. The award granted on 10/31/2024 vests 33.4% after one year, then 33.3% annually over the next two years.
Chief Human Resources Officer Sonya Vollmer reported RSU-related equity activity at CPI Card Group Inc. On August 29, 2025 she received a grant of 1,931 RSUs. On August 30–31, 2025, 2,095 RSUs vested into common shares, and 671 shares were delivered to the issuer to cover mandatory tax withholding at $15.58 per share, not through open market sales. Following these transactions she directly holds 3,308 RSUs and 5,169 common shares.