XBP Global (XBP) Form 4 — 205,858 RSUs Issued to Director

Rhea-AI Filing Summary

Regina Paolillo, a director of XBP Global Holdings, Inc. (XBP), was granted 205,858 restricted stock units (RSUs) on 09/09/2025 under the company's 2024 Stock Incentive Plan. The RSUs were issued at no cash price and are reported as directly beneficially owned, totaling 205,858 shares following the grant. The RSUs are scheduled to vest in full on August 1, 2026. The Form 4 was signed by an attorney-in-fact on behalf of Ms. Paolillo on 09/11/2025. This filing records a standard equity compensation grant to a director and specifies the vesting date and plan under which the award was made.

Positive

• 205,858 RSUs were granted to a director, clearly disclosed on Form 4
• The RSUs are issued under the 2024 Stock Incentive Plan, with a specified vesting date of August 1, 2026
• The filing includes an explicit statement of direct beneficial ownership and post-grant share amount (205,858)

Negative

• None.

Insights

Securities Analyst

TL;DR: Director granted 205,858 RSUs under the 2024 plan, vesting Aug 1, 2026; a routine compensation disclosure with limited immediate market impact.

The Form 4 documents a non-cash grant of 205,858 RSUs to a director, issued under the company's 2024 Stock Incentive Plan and scheduled to vest in full on August 1, 2026. Because the award is an equity compensation grant rather than a sale or purchase, it does not change outstanding market supply today, but it represents potential future issuance or dilution upon vesting and settlement. The filing is complete with reporting person, transaction date, amount, and vesting schedule clearly stated.

Corporate Governance Expert

TL;DR: Disclosure shows governance practice of awarding RSUs to directors with multi-month vesting; disclosure is straightforward and compliant.

The Form 4 identifies the grant as a restricted stock unit award under the 2024 Stock Incentive Plan and records direct beneficial ownership post-grant. The clear vesting date (August 1, 2026) aligns incentives over time. The signature by an attorney-in-fact and inclusion of the plan reference (and exhibit listing a power of attorney) meet standard Form 4 disclosure requirements.

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
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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^*

Paolillo Regina

(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 Regina Paolillo

	/s/ Ross Dawson, Attorney- in Fact for Regina Paolillo	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 Regina Paolillo report on the Form 4 for XBP Global Holdings (XBP)?

The Form 4 reports a grant of 205,858 restricted stock units (RSUs) to Regina Paolillo on 09/09/2025, with direct beneficial ownership of 205,858 following the grant.

Under which plan were the RSUs issued to the director?

The RSUs were issued under the company's 2024 Stock Incentive Plan, as amended.

When do the RSUs granted to Regina Paolillo vest?

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

Was there any cash price associated with the RSU grant?

No; the Form 4 shows the transaction price as $0 for the RSU issuance.

Who signed the Form 4 and when?

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