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XBP Global (NASDAQ: XBP) awards CEO Andrej Jonovic 50,000 RSUs

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Jonovic Andrej reported acquisition or exercise transactions in this Form 4 filing.

XBP Global Holdings, Inc. reported that Chief Executive Officer Andrej Jonovic received a grant of 50,000 Restricted Stock Units (RSUs) of common stock on April 30, 2026. The RSUs were issued under the company’s 2024 Stock Incentive Plan at a stated price of $0.00 per share.

The RSUs vest over three years, with one-third vesting on December 31, 2026, one-third on December 31, 2027, and the final third on December 31, 2028, and are payable only in stock. Following this award, Jonovic directly holds 213,200 shares of common stock. A prior 1-for-10 reverse stock split on December 12, 2025 had reduced his common stock ownership by 1,468,800 shares as an arithmetic adjustment.

Positive

  • None.

Negative

  • None.
Insider Jonovic Andrej
Role Chief Executive Officer
Type Security Shares Price Value
Grant/Award Common Stock, par value $0.0001 per share 50,000 $0.00 --
Holdings After Transaction: Common Stock, par value $0.0001 per share — 213,200 shares (Direct, null)
Footnotes (1)
  1. Represents Restricted Stock Units ("RSUs") issued to the Reporting Person under the Issuer's 2024 Stock Incentive Plan, as amended. 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. RSUs are payable in stock only. On December 12, 2025, the Issuer's common stock reverse split 1-for-10, resulting in a decrease of 1,468,800 shares in the reporting person's ownership of common stock.
RSUs granted 50,000 RSUs Grant to CEO on April 30, 2026 under 2024 Stock Incentive Plan
Grant price $0.00 per share Stated price per RSU in the award
Shares held after transaction 213,200 shares CEO’s direct common stock holdings following the RSU grant
Reverse split ratio 1-for-10 Common stock reverse split effective December 12, 2025
Decrease from reverse split 1,468,800 shares Reduction in CEO’s common stock ownership due to the reverse split
Vesting schedule 3 annual tranches One-third each on Dec 31, 2026; Dec 31, 2027; Dec 31, 2028
Restricted Stock Units ("RSUs") financial
"Represents Restricted Stock Units ("RSUs") issued to the Reporting Person under the Issuer's 2024 Stock Incentive Plan"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
2024 Stock Incentive Plan financial
"RSUs issued to the Reporting Person under the Issuer's 2024 Stock Incentive Plan, as amended"
reverse split financial
"the Issuer's common stock reverse split 1-for-10, resulting in a decrease of 1,468,800 shares"
A reverse split is when a company reduces the number of its outstanding shares by combining several existing shares into one new share, so the price per share rises proportionally while the company’s overall value stays the same. Investors care because it can make a stock appear more respectable or meet exchange rules — like turning many small coins into a single larger bill — but it can also signal financial trouble and often affects trading liquidity and investor perception.
vesting financial
"RSUs vest over three years, with one-third of such RSUs vesting on December 31, 2026"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
SEC Form 4
FORM 4UNITED 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*
Jonovic Andrej

(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. Issuer Name and Ticker or Trading Symbol
XBP Global Holdings, Inc. [ XBP ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/30/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock, par value $0.0001 per share04/30/2026A50,000(1)A$0213,200(2)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)
CodeV(A)(D)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. 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. RSUs are payable in stock only.
2. On December 12, 2025, the Issuer's common stock reverse split 1-for-10, resulting in a decrease of 1,468,800 shares in the reporting person's ownership of common stock.
/s/ Andrej Jonovic05/04/2026
** 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 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)

FAQ

What insider transaction did XBP’s CEO report on this Form 4?

The Form 4 shows XBP Global CEO Andrej Jonovic received 50,000 RSUs. These Restricted Stock Units were granted on April 30, 2026 under the 2024 Stock Incentive Plan and increase his direct common stock holdings to 213,200 shares after the award.

How do the 50,000 RSUs granted to XBP CEO Andrej Jonovic vest?

The 50,000 RSUs vest in three equal annual installments. One-third vests on December 31, 2026, another third on December 31, 2027, and the final third on December 31, 2028, with all RSUs settled in XBP Global common stock.

What is the exercise or purchase price of the RSUs granted to XBP’s CEO?

The RSUs granted to XBP Global CEO Andrej Jonovic have a stated price of $0.00 per share. As Restricted Stock Units, they represent a right to receive stock at vesting rather than a traditional option requiring a cash exercise price.

How many XBP Global shares does Andrej Jonovic hold after this RSU grant?

After the 50,000 RSU grant, Andrej Jonovic is reported as directly holding 213,200 shares of XBP Global common stock. This figure reflects his position immediately following the reported transaction, giving investors a snapshot of his current equity stake.

What reverse stock split affecting XBP’s CEO holdings is disclosed in the filing?

The filing notes a 1-for-10 reverse stock split of XBP Global common stock effective December 12, 2025. This corporate action mechanically reduced Andrej Jonovic’s reported common stock holdings by 1,468,800 shares without representing an open-market sale.