Thompson Anntoinette 4

4 · CPI Card Group Inc. · Filed Mar 31, 2026

AI-generated summary of this filing

Updated Mar 31, 2026

CPI Card (PMTS) COO Anntoinette Thompson Receives RSUs

What Happened

Anntoinette Thompson, Chief Operating Officer of CPI Card Group (PMTS), had 717 restricted stock units (RSUs convert/vest) on March 29, 2026. The vesting used a conversion/exercise filing (code M) and the company withheld 211 shares to satisfy mandatory tax withholding at $14.19/share (code F), totaling $2,994 withheld. Net shares issued to Thompson were 506. The RSU conversion/vesting shows an implied total value of the vested shares of about $10,174 (717 × $14.19).

Key Details

Transaction date: 2026-03-29; Filing date: 2026-03-31 (Form 4 filed timely).
Actions reported: M = conversion/exercise of derivative (RSU vesting) for 717 shares; F = shares withheld for tax withholding, 211 shares at $14.19 ($2,994).
Net shares delivered: 506 (717 vested − 211 withheld).
Shares owned after transaction: not specified in the provided filing excerpt.
Footnotes: F1 = each RSU converts to one common share on vesting; F2 = shares withheld to satisfy mandatory tax withholding (not an open-market sale); F3 = these RSUs were part of an award granted 2024-03-29 with staggered vesting (33.4% first anniversary, 33.3% second, 33.3% third).

Context

This was a routine equity-compensation vesting event, not an open-market purchase or sale. Withholding of shares to cover taxes is common (a cashless/withholding settlement) and does not necessarily indicate insider sentiment about the stock. The filing shows no cash paid for exercise (exercise price $0.00), consistent with RSU vesting rather than option exercise. Exhibit listed: Power of Attorney (Exhibit 24).

Form 4

Period: 2026-03-29

Chief Operating Officer

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-03-29+717→ 8,430 total
Tax Payment
Common Stock
[F2]
2026-03-29$14.19/sh−211$2,994→ 8,219 total
Exercise/Conversion
Restricted Stock Units
[F1][F3]
2026-03-29−717→ 717 total
→ Common Stock (717 underlying)

Footnotes (3)

[F1]Each restricted stock unit ("RSU") represents the right to receive one common share of the Issuer upon vesting of such RSU.
[F2]Shares withheld by Issuer to satisfy the mandatory tax withholding requirement upon vesting of RSUs. Not an open market sale of securities.
[F3]This line reports RSUs awarded on March 29, 2024, of which 33.4% vested on the first anniversary of the award date, 33.3% vested on the second anniversary of the award date, and the remaining 33.3% will vest on the third anniversary of the award date, subject to the reporting person's continued service through such date or as otherwise provided for in the applicable award agreement.

Signature

/s/ Darren Dragovich, attorney-in-fact|2026-03-31

2 files