Thompson Anntoinette 4

4 · CPI Card Group Inc. · Filed Jun 2, 2026

AI-generated summary of this filing

Updated Jun 2, 2026

CPI Card (PMTS) COO Anntoinette Thompson Receives RSU Award

What Happened

Anntoinette Thompson, Chief Operating Officer of CPI Card Group, received a grant of 3,342 restricted stock units (RSUs) on May 29, 2026. Separately, prior RSU awards vested and converted to 1,350 common shares (822 on May 30, 2026 and 528 on May 31, 2026).
To satisfy mandatory tax withholding on the vested shares, the issuer withheld 241 shares on May 30 (value $4,090) and 155 shares on May 31 (value $2,630), for a total of 396 shares withheld valued at $6,720 (withholding price $16.97/share).
These activities are compensation-related (awards vesting and withholding), not open-market sales or purchases.

Key Details

Transaction dates: May 29, 2026 (3,342 RSU grant); May 30, 2026 (822 RSUs vested/converted; 241 shares withheld for taxes); May 31, 2026 (528 RSUs vested/converted; 155 shares withheld).
Withholding price used: $16.97 per share. Total tax-withheld value: $6,720.
Shares owned after the transactions: not specified in the Form 4 provided.
Relevant footnotes: F1 (each RSU = 1 common share upon vesting); F2 (shares withheld to satisfy tax withholding — not open-market sales); F3–F5 (describe vesting schedules and which award dates produced the vested shares).
Filing: Form 4 filed June 2, 2026. Transactions occurred May 29–31, 2026; filing appears timely.

Context

These were awards/vestings and a share-withholding tax settlement (common for executive compensation). The RSU grant (3,342) vests in future installments per the award terms; the vested shares reported here came from prior award dates (May 30, 2025 and May 31, 2024).
Because shares were withheld to cover taxes (not sold on the open market), this should not be interpreted as an opportunistic sale — it’s a standard payroll tax withholding on equity compensation.

Form 4

Period: 2026-05-29

Chief Operating Officer

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-05-30+822→ 9,488 total
Tax Payment
Common Stock
[F2]
2026-05-30$16.97/sh−241$4,090→ 9,247 total
Exercise/Conversion
Common Stock
[F1]
2026-05-31+528→ 9,775 total
Tax Payment
Common Stock
[F2]
2026-05-31$16.97/sh−155$2,630→ 9,620 total
Award
Restricted Stock Units
[F1][F3]
2026-05-29+3,342→ 3,342 total
→ Common Stock (3,342 underlying)
Exercise/Conversion
Restricted Stock Units
[F1][F4]
2026-05-30−822→ 1,642 total
→ Common Stock (822 underlying)
Exercise/Conversion
Restricted Stock Units
[F1][F5]
2026-05-31−528→ 528 total
→ Common Stock (528 underlying)

Footnotes (5)

[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]Represents a restricted stock unit award which vests in three substantially equal installments on May 29, 2027, 2028, and 2029, subject to the reporting person's continued service through such date or as otherwise provided for in the applicable award agreement.
[F4]This line reports RSUs that were awarded on the May 30, 2025 award date, which vested on the first anniversary of the award date. The remaining RSUs granted on the award date will vest in substantially equal installments on the second and third anniversaries 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.
[F5]This line reports RSUs that were awarded on the May 31, 2024 award date, which vested in substantially equal installments on the first and second anniversaries of the award date. The remaining RSUs granted on the award date will vest in a substantially equal installment 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|2026-06-02

1 file