CPI Card Group (NASDAQ: PMTS) director granted 2,164 RSUs and converts 1,072 deferred units

Rhea-AI Filing Summary

CPI Card Group Inc. director Thomas Furey reported routine equity compensation activity. He received a grant of 2,164 restricted stock units that vest on the first anniversary of the March 31, 2026 award date, subject to continued service. Separately, 1,072 deferred RSUs from a March 31, 2025 award vested and were converted into 1,072 shares of common stock, bringing his direct common stock holdings to 14,629 shares.

Insider Trade Summary

1,072 shares exercised/converted

Mixed 3 txns

Insider FUREY THOMAS

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 — 14,629 shares (Direct)

Footnotes (1)

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

RSUs granted: 2,164 RSUs Deferred RSUs exercised: 1,072 RSUs Common shares received: 1,072 shares +2 more

5 metrics

RSUs granted 2,164 RSUs Restricted stock units awarded March 31, 2026, vest after one year

Deferred RSUs exercised 1,072 RSUs Deferred RSUs from March 31, 2025 award vested after 12 months

Common shares received 1,072 shares Shares of common stock issued upon RSU conversion

Common shares held after 14,629 shares Direct CPI Card Group common stock holdings after transactions

RSU vesting period 12 months New 2,164 RSUs vest on first anniversary of March 31, 2026 award

Key Terms

Restricted Stock Units, deferred RSUs, exercise or conversion of derivative security, separation from service

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 will be issued"

exercise or conversion of derivative security financial

"transaction_code_description": "Exercise or conversion of derivative security""

separation from service financial

"will be issued to the Reporting Person following the Reporting Person's separation from service with the Issuer"

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^*

FUREY THOMAS

(Last) (First) (Middle)

C/O CPI CARD GROUP INC.

10368 W. CENTENNIAL RD

(Street)

LITTLETON COLORADO 80127

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
CPI Card Group Inc. [ PMTS ]

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)
03/31/2026

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	03/31/2026		M		1,072	A	(1)	14,629	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
Restricted Stock Units(2)	(1)	03/31/2026		A		2,164		(3)	(3)	Common Stock	2,164	$0	2,164	D
Restricted Stock Units	(1)	03/31/2026		M			1,072	(4)	(4)	Common Stock	1,072	$0	0	D

Explanation of Responses:

1. Each restricted stock unit ("RSU") represents the right to receive one common share of the Issuer upon vesting of such RSU.

2. 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.

3. 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.

4. 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.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney

	Darren Dragovich, attorney-in-fact	04/02/2026
	** 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 transactions did PMTS director Thomas Furey report?

Director Thomas Furey reported a grant of 2,164 restricted stock units and the vesting and conversion of 1,072 deferred RSUs into common shares. These transactions are compensation-related awards and exercises, not open-market purchases or sales, and increase his direct equity position in CPI Card Group Inc.

How many restricted stock units were granted to Thomas Furey at CPI Card Group (PMTS)?

Thomas Furey was granted 2,164 restricted stock units, each representing one share of CPI Card Group common stock upon vesting. These units vest on the first anniversary of the March 31, 2026 award date, conditioned on his continued service or as otherwise provided in the award agreement.

What happened to the deferred RSUs awarded to Thomas Furey in March 2025 at PMTS?

The filing shows 1,072 deferred RSUs awarded on March 31, 2025 fully vested on the 12‑month anniversary of that award date. Upon vesting, these units were exercised and converted into 1,072 shares of CPI Card Group common stock directly held by Thomas Furey.

How many CPI Card Group (PMTS) common shares does Thomas Furey hold after these transactions?

After the conversion of 1,072 deferred RSUs, Thomas Furey directly holds 14,629 shares of CPI Card Group common stock. This reflects his updated ownership position following the routine vesting and settlement of previously granted equity awards noted in the Form 4 filing.

Are Thomas Furey’s reported PMTS transactions open-market buys or sales?

The reported transactions are not open-market buys or sales. They consist of a new grant of 2,164 restricted stock units and the vesting and conversion of 1,072 deferred RSUs into common shares, reflecting routine equity compensation rather than discretionary trading in the public market.