Form 4: Sanjay Srivastava receives 205,858 RSUs from XBP Global Holdings

Rhea-AI Filing Summary

Insider grant recorded: Sanjay Srivastava, identified as a director of XBP Global Holdings, Inc., was granted 205,858 restricted stock units (RSUs) on 09/09/2025 at no cash price. The RSUs were issued under the companys 2024 Stock Incentive Plan, as amended, and are scheduled to vest in full on August 1, 2026. The Form 4 was signed on behalf of Mr. Srivastava by an attorney-in-fact, Ross Dawson, on 09/11/2025. The filing indicates direct beneficial ownership following the transaction of 205,858 shares and lists the reporting persons address as C/O XBP Global Holdings, Inc., Irving, TX.

Positive

• 205,858 RSUs were granted to a director, showing direct alignment of the directors compensation with shareholder value
• Full vesting date provided (August 1, 2026), giving clear timing for when shares become owned

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: A director received a sizeable RSU grant that vests in under a year, aligning executive incentives with shareholder outcomes.

The grant of 205,858 RSUs to a director under the 2024 Stock Incentive Plan is a typical equity-compensation action to align management and board incentives with company performance. The zero-dollar price and explicit vesting date of August 1, 2026 indicate these are restricted units rather than open-market purchases. From a governance perspective, disclosure via Form 4 is routine and appropriate. Materiality depends on company scale; the filing alone does not disclose total outstanding shares or percentage ownership, so the investor impact cannot be fully assessed from this document alone.

Securities Compliance Analyst

TL;DR: Filing properly reports equity grant and meets Section 16 reporting requirements; signed by attorney-in-fact.

The Form 4 lists the transaction date, grant amount, grant vehicle (RSUs), vesting schedule, and that the grant was issued under the companys 2024 plan. The form shows direct beneficial ownership after the transaction and is executed by an authorized agent, satisfying signature requirements. No derivative securities or dispositions are reported. The filing does not provide information on percentage ownership, dilutive impact, or other holdings that would be needed to evaluate regulatory thresholds or control implications.

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^*

Srivastava Sanjay

(Last) (First) (Middle)

C/O XBP GLOBAL HOLDINGS, INC.

6641 N. BELT LINE ROAD, SUITE 100

(Street)

IRVING TX 75063

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
09/09/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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, par value $0.0001 per share	09/09/2025		A		205,858(1)	A	$0	205,858	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. Represents Restricted Stock Units ("RSUs") issued to the Reporting Person under the Company's 2024 Stock Incentive Plan, as amended. The RSUs are scheduled to vest in full on August 1, 2026.

Remarks:

EXIBIT 24- Power of Attorney for Sanjay Srivastava

	/s/ Ross Dawson, Attorney- in Fact for Sanjay Srivastava	09/11/2025
	** 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.

FAQ

What did Sanjay Srivastava report on the Form 4 for XBP Global Holdings, Inc.?

The Form 4 reports a grant of 205,858 restricted stock units (RSUs) to Sanjay Srivastava on 09/09/2025, issued under the company's 2024 Stock Incentive Plan.

When do the RSUs granted to Sanjay Srivastava vest?

The RSUs are scheduled to vest in full on August 1, 2026.

At what price were the RSUs granted to the reporting person?

The RSUs were reported with a price of $0, indicating a grant rather than a purchase.

Who signed the Form 4 for Sanjay Srivastava and when?

The Form 4 was signed by Ross Dawson, Attorney-in-Fact, on 09/11/2025.

Does the Form 4 show any derivative security transactions for the reporting person?

No. Table II for derivative securities shows no transactions reported.