4Filed Aug 31, 8:00 PM ET
CPI Card (PMTS) COO Anntoinette Thompson Receives RSUs, Shares Withheld
$PMTS · CPI Card Group Inc.Research Summary
AI-generated summary of this SEC filing
CPI Card (PMTS) COO Anntoinette Thompson Receives RSUs, Shares Withheld
What Happened
- Anntoinette Thompson, COO of CPI Card Group Inc. (PMTS), had restricted stock units (RSUs) vest and convert to common shares on August 29–30, 2026 (1,150 shares on 8/29 and 619 shares on 8/30, total 1,769). The issuer withheld 337 shares on 8/29 and 182 shares on 8/30 to satisfy mandatory tax withholding at $28.83/share (total withholding value = $14,962.77). Those withholding transactions are not open-market sales.
- The filing also reports a new RSU award of 1,988 RSUs on August 31, 2026 that will vest in three substantially equal installments in 2027–2029 (see footnote F5). The conversion entries show $0 per-share for the derivative disposal lines, reflecting RSU-to-share conversion rather than a cash purchase or sale.
Key Details
- Transaction dates: 2026-08-29 (1,150 RSUs converted; 337 shares withheld for taxes), 2026-08-30 (619 RSUs converted; 182 shares withheld), 2026-08-31 (1,988 RSU grant).
- Withholding price: $28.83/share; total tax withholding value ≈ $14,962.77 (519 shares).
- Shares owned after these transactions: not specified in this filing.
- Footnotes: F1–F5 explain RSU mechanics, withholding is to satisfy tax obligations (F2), prior award dates for vested RSUs (F3, F4), and vesting schedule for the new RSU grant (F5).
- Filing timeliness: no late-filing indicator provided in the report.
Context
- These entries reflect RSU vesting/conversion and issuer tax-withholding (code F), not an open-market sale. That is a routine, administrative tax-withholding event rather than a directional trade signal.
- The new 1,988 RSU grant vests over three years (2027–2029) subject to continued service per the award agreement.
- No 10% owner or 10b5-1 plan is indicated; the activity should be read as routine insider compensation/vesting disclosures rather than a discretionary buy or sell.