Oleson Lisa 4

What Happened

• Lisa Oleson, a director of CPI Card Group Inc. (PMTS), received a grant of 1,907 restricted stock units (RSUs) on 2026-05-29 (reported as an award at $0). These RSUs vest on the first anniversary of the award (see footnote).
• The filing also reports conversion/exercise of 1,393 RSUs on 2026-05-30 (these were RSUs awarded May 30, 2025 that vested on their first anniversary). The same 1,393-share line is reported as both acquired (conversion) and disposed on 2026-05-30, each reported at $0, indicating these were not open-market cash purchases or sales.

Key Details

• Transaction dates and types: 2026-05-29 — Award/Grant (A) of 1,907 RSUs at $0.00; 2026-05-30 — Exercise/conversion (M) of 1,393 RSUs (acquired) and simultaneous disposition of 1,393 shares (reported at $0).
• Footnotes: F1 — each RSU represents the right to one common share on vesting; F2 — the 1,907 RSUs vest on the first anniversary of 5/29/2026, subject to continued service; F3 — the 1,393 RSUs were the 100% of RSUs granted 5/30/2025 that vested on their first anniversary.
• Shares owned after transaction: not specified in the provided filing.
• Filing timeliness: Transactions dated 5/29–5/30 were reported on the Form 4 filed 2026-06-02, which is within the typical two-business-day reporting window.

Context

• These entries reflect equity awards and the vesting/conversion of RSUs rather than open-market buys or sales for cash. RSU grants (A) are forward-looking compensation; conversions/exercises (M) of RSUs typically represent issuance of shares on vesting and may show concurrent dispositions for settlement or tax withholding. No cash sale proceeds are reported in this filing.