CPI Card Group (PMTS) chair gets 2,164 RSUs and 1,072 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CPI Card Group Inc. director and non-executive chairman Riley H. Sanford reported equity compensation activity involving restricted stock units and common shares. On March 31, 2026, Sanford received a grant of 2,164 restricted stock units (RSUs), each representing one share of common stock, which vest on the first anniversary of the award date, subject to continued service or the award terms.
On the same date, 1,072 deferred RSUs that were originally awarded on March 31, 2025 vested after 12 months and were exercised into 1,072 shares of common stock. Following these transactions, Sanford directly holds 253,438 shares of CPI Card Group common stock. These entries reflect routine equity compensation grants and vesting, not open-market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,072 shares exercised/converted
Mixed
3 txns
Insider
Riley H Sanford
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,164 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,072 | $0.00 | -- |
| Exercise | Common Stock | 1,072 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 2,164 shares (Direct);
Common Stock — 253,438 shares (Direct)
Footnotes (1)
- Each restricted stock unit ("RSU") represents the right to receive one common share of the Issuer upon vesting of such RSU. This line represents deferred RSUs. The shares of Common Stock underlying these RSUs will be issued to the Reporting Person following the Reporting Person's separation from service with the Issuer. The 2,164 RSUs reported on this line vest on the first anniversary of the March 31, 2026 award date, subject to the reporting person's continued service through such date or as otherwise provided for in the applicable award agreement. This line reports 100% of the deferred RSUs that were awarded on the March 31, 2025 award date, which vested on the 12 month anniversary of the award date.
Key Figures
RSU grant: 2,164 RSUs
Deferred RSUs exercised: 1,072 RSUs
Shares from RSU exercise: 1,072 shares
+2 more
5 metrics
RSU grant
2,164 RSUs
Awarded March 31, 2026; vest on first anniversary
Deferred RSUs exercised
1,072 RSUs
Awarded March 31, 2025; vested after 12 months
Shares from RSU exercise
1,072 shares
Common stock received on March 31, 2026
Post-transaction holdings
253,438 shares
Common stock directly held after March 31, 2026
RSU grant price
$0.00 per unit
Restricted stock units awarded as equity compensation
Key Terms
Restricted Stock Units, deferred RSUs, derivative security, vesting
4 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents the right to receive one common share..."
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.
deferred RSUs financial
"This line represents deferred RSUs. The shares of Common Stock underlying these RSUs..."
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
vesting financial
"The 2,164 RSUs reported on this line vest on the first anniversary..."
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.
FAQ
What insider transactions did Riley H. Sanford report for PMTS on March 31, 2026?
Riley H. Sanford reported a grant of 2,164 restricted stock units and the vesting and conversion of 1,072 deferred RSUs into 1,072 shares of common stock, reflecting routine equity compensation activity rather than open-market buying or selling.
How many restricted stock units did the CPI Card Group chair receive in the latest Form 4?
Riley H. Sanford received 2,164 restricted stock units, each representing one share of CPI Card Group common stock. These RSUs were awarded on March 31, 2026 and are scheduled to vest on the first anniversary of the award date, subject to continued service conditions.
When do Riley H. Sanford’s new RSUs in CPI Card Group (PMTS) vest?
The 2,164 restricted stock units awarded to Riley H. Sanford on March 31, 2026 vest on the first anniversary of that award date, provided he continues in service or as otherwise specified in the applicable award agreement, according to the Form 4 footnotes.
What happened to Riley H. Sanford’s deferred RSUs from March 31, 2025?
All deferred RSUs awarded to Riley H. Sanford on March 31, 2025 vested on the 12‑month anniversary of that award date. On March 31, 2026, 1,072 deferred RSUs were exercised and converted into 1,072 shares of CPI Card Group common stock.
Are Riley H. Sanford’s PMTS Form 4 transactions open‑market trades?
No, the reported transactions involve equity compensation, not open‑market trades. They consist of a grant of 2,164 restricted stock units and the vesting and conversion of 1,072 deferred RSUs into common shares, all at a stated price of $0.00 per unit or share.