JOHN LOWE - 30 May 2025 Form 4 Insider Report for CPI Card Group Inc. (PMTS)

Role: President and CEO, Director
Signature: /s/ Darren Dragovich, attorney-in-fact
Issuer symbol: PMTS
Transactions as of: 30 May 2025
Net transactions value: -$54,737
Form type: 4
Filing time: 03 Jun 2025, 16:54:00 UTC
Previous filing: 27 May 2025
Next filing: 11 Jun 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
LOWE JOHN	President and CEO, Director	C/O CPI CARD GROUP INC., 10368 WEST CENTENNIAL ROAD, LITTLETON	/s/ Darren Dragovich, attorney-in-fact	03 Jun 2025	0001744970

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PMTS	Common Stock	Options Exercise		+5,588	+14%		44,369	31 May 2025	Direct	F1
transaction	PMTS	Common Stock	Tax liability	$54,737	-2,459	-5.5%	$22.26	41,910	31 May 2025	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	PMTS	Restricted Stock Units	Options Exercise	$0	-821	-100%	$0.000000	0	31 May 2025	Common Stock	821		Direct	F1, F3
transaction	PMTS	Restricted Stock Units	Options Exercise	$0	-4,767	-33%	$0.000000	9,530	31 May 2025	Common Stock	4,767		Direct	F1, F4
transaction	PMTS	Restricted Stock Units	Award	$0	+18,669		$0.000000	18,669	30 May 2025	Common Stock	18,669		Direct	F1, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
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	This line reports the remaining 50% of the RSUs that were awarded on the May 31, 2023 award date, which vested on the second anniversary of the award date.
F4	This line reports 33.4% of the RSUs that were awarded on the May 31, 2024 award date, which vested on the first anniversary of the award date. The subsequent 33.3% will vest on the second anniversary of the award date, and the remaining 33.3% will vest 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.
F5	33.4% of the RSUs reported on this line vest on the first anniversary of the May 30, 2025 award date, 33.3% will vest on the second anniversary of the award date, and 33.3% will vest 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.