Director Randal Klein buys 25,000 XBP (NYSE: XBP) shares

Rhea-AI Filing Summary

XBP Global Holdings director Randal T. Klein reported an open-market purchase of 25,000 shares of Common Stock on May 19, 2026 at a weighted average price of $2.444 per share. After this transaction, he directly owns 40,000 shares of XBP common stock.

The filing notes that the shares were bought in multiple trades at prices between $2.17 and $2.65. It also explains that on December 12, 2025, a 1-for-10 reverse stock split reduced Klein’s reported common stock holdings by 135,000 shares.

Insider Trade Summary

Net Buyer: 25,000 shares ($61,100)

Net Buy 1 txn

Insider Klein Randal T

Role null

Bought 25,000 shs ($61K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	25,000	$2.444	$61K

Holdings After Transaction: Common Stock — 40,000 shares (Direct, null)

Footnotes (1)

1. The price reported in Column 4 is a weighted average price. These shares were acquired in multiple transactions at prices ranging from $2.17 to $2.65, inclusive. The reporting person undertakes to provide XBP Global Holdings, Inc., any security holder of XBP Global Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnote (1) to this Form 4. On December 12, 2025, the Issuer's common stock reverse split 1-for-10, resulting in a decrease of 135,000 shares in the reporting person's ownership of common stock.

Key Figures

Shares purchased: 25,000 shares Weighted average price: $2.444 per share Price range of trades: $2.17–$2.65 per share +2 more

5 metrics

Shares purchased 25,000 shares Open-market buy of XBP common stock on May 19, 2026

Weighted average price $2.444 per share Average price paid for 25,000 shares bought May 19, 2026

Price range of trades $2.17–$2.65 per share Range of individual trade prices within the reported purchase

Shares owned after 40,000 shares Direct XBP common stock holdings following the transaction

Reverse split impact 135,000 shares decrease Effect of 1-for-10 reverse split on Dec. 12, 2025

Key Terms

open-market purchase, weighted average price, reverse split, 1-for-10 reverse split

4 terms

open-market purchase financial

"reported an open-market purchase of 25,000 shares of Common Stock"

An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.

weighted average price financial

"The price reported in Column 4 is a weighted average price"

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

reverse split financial

"the Issuer's common stock reverse split 1-for-10"

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.

1-for-10 reverse split financial

"On December 12, 2025, the Issuer's common stock reverse split 1-for-10"

Form 4 Insider Transactions: What Each Field Means →

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^*

Klein Randal T

(Last) (First) (Middle)

C/O AVENUE CAPITAL GROUP

11 WEST 42ND STREET, 9TH FLOOR

(Street)

NEW YORK NEW YORK 10036

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/19/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/19/2026		P		25,000	A	$2.444(1)	40,000(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. These shares were acquired in multiple transactions at prices ranging from $2.17 to $2.65, inclusive. The reporting person undertakes to provide XBP Global Holdings, Inc., any security holder of XBP Global Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnote (1) to this Form 4.

2. On December 12, 2025, the Issuer's common stock reverse split 1-for-10, resulting in a decrease of 135,000 shares in the reporting person's ownership of common stock.

Remarks:

Mr. Klein is an employee of Avenue Capital Management II, L.P. ("Avenue") or one of its affiliates. Avenue and certain of its affiliates may be deemed to beneficially own securities of the Issuer. Mr. Klein expressly disclaims beneficial ownership of any securities of the Issuer that may be deemed to be beneficially owned by Avenue or its affiliates.

	/s/ Randal T. Klein	05/19/2026
	** 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)

FAQ

What insider transaction did XBP director Randal T. Klein report on this Form 4 for XBP?

Randal T. Klein reported buying 25,000 shares of XBP Global Holdings common stock in an open-market purchase. The transaction occurred on May 19, 2026, and reflects a direct acquisition of additional shares rather than an option exercise or non-market transfer.

How many XBP Global Holdings (XBP) shares did Randal T. Klein own after the reported purchase?

After the reported transaction, Randal T. Klein directly owned 40,000 shares of XBP Global Holdings common stock. This total reflects his position immediately following the 25,000-share open-market purchase disclosed in the Form 4 filing for May 19, 2026.

What price did Randal T. Klein pay per share in his XBP open-market purchase?

Klein paid a weighted average price of $2.444 per share for the 25,000 XBP shares. The filing states that the stock was acquired in multiple trades, with individual prices ranging from $2.17 to $2.65 per share, inclusive.

Over what price range were the XBP shares bought by director Randal T. Klein?

The 25,000 XBP shares were acquired in multiple transactions at prices between $2.17 and $2.65 per share. The weighted average purchase price reported was $2.444 per share, and full trade-by-trade details are available upon request as noted in the filing.

How did the December 12, 2025 reverse split affect Randal T. Klein’s XBP holdings?

On December 12, 2025, a 1-for-10 reverse split of XBP common stock reduced Klein’s holdings by 135,000 shares. The footnote explains this mechanical decrease in reported share count, which resulted from the reverse split rather than any sale or transfer by Klein.

Is Randal T. Klein’s XBP transaction a direct holding or through an entity?

The Form 4 identifies Klein’s ownership of the reported XBP shares as direct. The ownership code is listed as “D,” and the nature of ownership field does not reference any trust, partnership, or other intermediary entity holding the shares on his behalf.