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XBP Global Holdings (XBP) outlines president's multi-year RSUs

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

XBP Global Holdings, Inc. (XBP) reported the initial equity holdings of President Sapru Sandeep Ashok on a Form 3. The filing shows that his beneficial ownership currently consists of Restricted Stock Units (RSUs) granted under the company’s 2024 Stock Incentive Plan, as amended.

One RSU award is scheduled to vest in full on September 30, 2026 and is payable in stock only. A second RSU award under the same plan vests in three tranches, with one-third vesting on December 31, 2026, one-third on December 31, 2027, and the final one-third on December 31, 2028; these RSUs are also payable solely in stock.

Positive

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Negative

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Insider Sapru Sandeep Ashok
Role President
Type Security Shares Price Value
holding Common Stock, par value $0.0001 per share F1 -- -- --
holding Common Stock, par value $0.0001 per share F2 -- -- --
Holdings After Transaction: Common Stock, par value $0.0001 per share — 29,711 shares (Direct)
Footnotes (2)
  1. F1. Represents Restricted Stock Units ("RSUs") issued to the Reporting Person under the Issuer's 2024 Stock Incentive Plan, as amended (the "SIP"). The RSUs are scheduled to vest in full on September 30, 2026 and are payable in stock only.
  2. F2. Represents RSUs issued to the Reporting Person under the SIP. The RSUs vest over three years, with one-third of such RSUs vesting on December 31, 2026; one-third of such RSUs vesting on December 31, 2027; and the final one-third of such RSUs vesting on December 31, 2028. The RSUs are payable in stock only.
RSU vesting date (single-tranche award) September 30, 2026 RSUs under the 2024 Stock Incentive Plan vest in full on this date and are payable in stock only
RSU vesting date (first third of multi-year award) December 31, 2026 One-third of a separate RSU grant vests on this date and is payable in stock only
RSU vesting date (second third of multi-year award) December 31, 2027 One-third of the same RSU grant vests on this date and is payable in stock only
RSU vesting date (final third of multi-year award) December 31, 2028 Final one-third of this RSU grant vests on this date and is payable in stock only
Restricted Stock Units financial
"Represents Restricted Stock Units ("RSUs") issued to the Reporting Person"
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.
2024 Stock Incentive Plan financial
"issued to the Reporting Person under the Issuer's 2024 Stock Incentive Plan, as amended"
payable in stock only financial
"The RSUs are scheduled to vest ... and are payable in stock only"

FAQ

What does the Form 3 filing for XBP Global Holdings (XBP) disclose about Sapru Sandeep Ashok?
It discloses that President Sapru Sandeep Ashok holds Restricted Stock Units (RSUs) in XBP Global Holdings, Inc. These RSUs were granted under the company’s 2024 Stock Incentive Plan, as amended, with specified vesting dates and are payable in stock only.

What is the vesting schedule of the first RSU grant reported for XBP’s President on this Form 3?
The first RSU grant to the President under XBP’s 2024 Stock Incentive Plan is scheduled to vest in full on September 30, 2026. According to the filing, these RSUs are payable in stock only when they vest.

How do the second set of RSUs for XBP’s President vest according to the Form 3?
The second RSU grant vests over three years: one-third on December 31, 2026, one-third on December 31, 2027, and the final one-third on December 31, 2028. These RSUs are also payable in stock only.

Under which plan were the RSUs for XBP’s President granted?
Both RSU awards reported on the Form 3 for XBP’s President were granted under the issuer’s 2024 Stock Incentive Plan, as amended, referred to in the filing as the “SIP.”

Does the Form 3 for XBP indicate any cash-settled awards for the President?
No. The Form 3 states that the RSUs reported for the President are payable in stock only, indicating these equity awards are settled in XBP Global Holdings, Inc. common stock rather than cash.

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SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
Sapru Sandeep Ashok
(Last)(First)(Middle)
C/O XBP GLOBAL HOLDINGS, INC.
6641 N. BELT LINE ROAD, SUITE 100
(Street)
IRVING TEXAS 75063
(City)(State)(Zip)
UNITED STATES
(Country)		2. Date of Event Requiring Statement (Month/Day/Year)
08/10/2026		3. Issuer Name and Ticker or Trading Symbol
XBP Global Holdings, Inc. [ XBP ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
President
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock, par value $0.0001 per share2,461(1)D
Common Stock, par value $0.0001 per share27,250(2)D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents Restricted Stock Units ("RSUs") issued to the Reporting Person under the Issuer's 2024 Stock Incentive Plan, as amended (the "SIP"). The RSUs are scheduled to vest in full on September 30, 2026 and are payable in stock only.
2. Represents RSUs issued to the Reporting Person under the SIP. The RSUs vest over three years, with one-third of such RSUs vesting on December 31, 2026; one-third of such RSUs vesting on December 31, 2027; and the final one-third of such RSUs vesting on December 31, 2028. The RSUs are payable in stock only.
Remarks:
Exhibit List: Exhibit 24 - Power of Attorney
/s/ Ross Dawson, Attorney in Fact for Sandeep Sapru08/20/2026
** Signature of Reporting PersonDate
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 5 (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 3: SEC 1473 (03-26)

Source: View Original Filing on SEC EDGAR