4Filed Sep 13, 8:00 PM ET

CPI Card (PMTS) 10% Owner Tricor PMT25 Buys 525,000 Shares

$PMTS · CPI Card Group Inc.

Research Summary

AI-generated summary of this SEC filing

Updated

CPI Card (PMTS) 10% Owner Tricor PMT25 Buys 525,000 Shares

What Happened

  • Tricor PMT25 Holdings Inc., a reported 10% owner of CPI Card Group Inc. (ticker: PMTS), purchased 525,000 shares on 2026-09-14 at $21.50 per share, for a total reported value of $11,287,500. This is a direct acquisition (transaction code P), which is a purchase rather than a sale.

Key Details

  • Transaction date: 2026-09-14
  • Price per share: $21.50
  • Shares acquired: 525,000
  • Total consideration: $11,287,500
  • Shares owned after transaction: 2,701,056 (reported as directly owned by Tricor PMT25)
  • Insider status: Tricor PMT25 Holdings Inc. is a 10% owner; its 100% parent is Tricor Pacific Capital Inc., a family office
  • Footnote: Tricor Pacific Capital Inc. holds the shares on behalf of Roderick R. Senft and two trusts; voting/investment decisions are made by Tricor’s board. Mr. Senft disclaims beneficial ownership of the shares.
  • Filing timeliness: Reported on 2026-09-14 (no late-filing indication in the provided data)

Context

  • This is an institutional/10% owner purchase (not an executive officer trade). Purchases by large shareholders can be informative to investors, but they do not necessarily indicate management-level views.
  • No options, awards, gifts, or tax-withholding events are involved — this was a straightforward purchase.