Jonovic Andrej 4

What Happened

• Andrej Jonovic, Chief Executive Officer of XBP Global Holdings, Inc. (XBP), was granted 50,000 restricted stock units (RSUs) on April 30, 2026. The award was reported at a $0.00 acquisition price (i.e., compensation grant), with no cash exchanged.

Key Details

• Transaction date: April 30, 2026; Form 4 filed May 4, 2026.
• Grant: 50,000 RSUs; reported acquisition price $0.00 (total reported value $0).
• Vesting: RSUs vest in three equal installments — 1/3 on Dec 31, 2026; 1/3 on Dec 31, 2027; and 1/3 on Dec 31, 2028. RSUs are payable in common stock only (no cash settlement). (Footnote F1)
• Reverse split note: On Dec 12, 2025 the issuer completed a 1-for-10 reverse split, which reduced the reporting person’s common-stock share count by 1,468,800 shares. (Footnote F2)
• Shares owned after transaction: Not specified in the provided excerpt of the filing; see the full Form 4 for total post-transaction holdings.
• Filing timing: Form 4 was filed May 4, 2026 (four days after the reported transaction date).

Context

• This was a compensation award (RSUs), not a purchase or sale. Such grants are common for executives as part of pay and retention programs and do not by themselves indicate buying or selling sentiment. The RSUs will only convert to actual shares as they vest on the stated future dates.