CPI Card (PMTS) Director Lisa Oleson Exercises/Receives RSUs

What Happened Lisa Oleson, a director of CPI Card Group Inc. (PMTS), had derivative units convert/vest and received a new RSU award. On 2026-08-29 she converted/exercised 1,948 derivative units into shares (reported as 1,948 shares acquired and 1,948 shares disposed as a derivative at $0). On 2026-08-31 she was granted 1,135 restricted stock units (RSUs) at $0; those RSUs vest on the first anniversary of the award (see footnotes).

Key Details

• Transaction dates: 2026-08-29 (conversion/exercise of 1,948 derivative units) and 2026-08-31 (award of 1,135 RSUs).
• Prices/values reported: conversion/disposition lines show $0 (no cash price reported); new RSUs granted at $0 (typical for equity awards).
• Footnotes: F1—each RSU converts to one common share upon vesting. F2—the 1,948 RSUs were from the Aug 29, 2025 award date and vested on its first anniversary. F3—the 1,135 RSUs vest on Aug 31, 2027 subject to continued service.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Filing timeliness: Form filed 2026-09-01 for the reported 2026-08-29/08-31 activity; filing appears timely based on the dates shown.

Context The "M" code indicates exercise/conversion of derivatives (here, RSUs that vested), and the "A" code denotes an award/grant of RSUs. The 1,948 conversion likely reflects RSUs that vested (per F2). The 1,948 shares reported as disposed at $0 could reflect a non-cash derivative settlement (e.g., withholding or cancellation), but the filing does not state the reason. These transactions are typical compensation-related equity events for directors rather than open-market buys or sales.