Peters Nicholas 4

What Happened Nicholas Peters, a director of CPI Card Group, received a grant of 1,907 restricted stock units (RSUs) on May 29, 2026 and, on May 30, 2026, had 1,393 RSUs convert/vest into common shares. The conversion/exercise on 5/30/2026 shows both acquisition and an equal disposal of 1,393 shares reported at $0.00 (derivative transactions). No cash price or monetary value is reported for these transactions.

Key Details

• Transactions:
  • 2026-05-29: Grant/award of 1,907 RSUs at $0.00 (reported as an award/acquisition).
  • 2026-05-30: Exercise/conversion of derivative — 1,393 shares acquired (price N/A) and 1,393 shares disposed at $0.00 (derivative).
• Vesting: The 1,907 RSUs granted 5/29/2026 vest on the first anniversary of the award (per filing). The 1,393 RSUs converted on 5/30/2026 represent 100% of deferred RSUs awarded 5/30/2025 that vested on their first anniversary.
• Shares owned after the transactions are not reported in the provided excerpt.
• Footnotes: F1–F4 define RSUs, deferred RSUs, vesting schedule, and that the May 30, 2025 deferred RSUs vested on their first anniversary.
• Filing: Form 4 was filed 2026-06-02 for transactions dated 5/29–5/30/2026; the provided excerpt does not state whether the filing was late.

Context RSUs are a form of equity compensation that convert into common shares when they vest. The same-day conversion and disposition of 1,393 shares reported at $0.00 commonly reflects shares being issued on vesting and then surrendered or withheld (often to satisfy tax withholding or similar settlement) rather than an open-market sale, though the filing does not explicitly state the reason. These entries are routine equity compensation events for corporate insiders and do not by themselves indicate a change in sentiment about the company.