SHEINBAUM MARC 4

What Happened

• Marc Sheinbaum, a director of CPI Card Group, received an award of 1,907 restricted stock units (RSUs) on May 29, 2026 (reported as an award at $0). On May 30, 2026, 1,393 RSUs from a prior award vested and were exercised/converted into common shares, with the filing reporting those 1,393 derivative units as converted/settled (reported at $0). The awards are RSUs (each converts to one common share upon vesting).

Key Details

• Transaction dates: RSU grant 5/29/2026 (1,907 RSUs); conversion/exercise/settlement 5/30/2026 (1,393 RSUs).
• Prices/values: Both the 2026 grant and the conversions are reported at $0.00 (typical for RSU grants and conversions; no cash purchase price shown).
• Vesting: The 1,907 RSUs granted 5/29/2026 vest on the first anniversary of the award (subject to continued service) per the filing. The 1,393 converted units represent 100% of the deferred RSUs awarded on 5/30/2025 that vested on their first anniversary.
• Deferred units: Some RSUs are deferred and will be issued following the reporting person’s separation from service (per the filing).
• Shares owned after the transactions: Not specified in the provided excerpt of the filing.
• Filing: Report filed 2026-06-02 reporting transactions from 5/29–5/30/2026.

Context

• These entries concern RSU awards and settlements (derivative transactions), not open-market purchases or sales. RSU grants are compensation and typically reported at $0; conversions/settlements reflect vesting and issuance of shares rather than a market sale. The filing does not disclose proceeds from any subsequent open-market trades or tax-withholding details; such mechanics (if any) may be disclosed separately.