JOHN LOWE - 09 Jun 2025 Form 4 Insider Report for CPI Card Group Inc. (PMTS)

Signature
/s/ Darren Dragovich, attorney-in-fact
Issuer symbol
PMTS
Transactions as of
09 Jun 2025
Net transactions value
-$32,987
Form type
4
Filing time
11 Jun 2025, 16:22:42 UTC
Previous filing
03 Jun 2025
Next filing
03 Sep 2025

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 11 Jun 2025 0001744970

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PMTS Common Stock Options Exercise +3,401 +8.1% 45,311 09 Jun 2025 Direct F1
transaction PMTS Common Stock Tax liability $32,987 -1,496 -3.3% $22.05 43,815 09 Jun 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 -3,401 -50% $0.000000 3,401 09 Jun 2025 Common Stock 3,401 Direct F1, F3
* 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 33.3% of the RSUs that were awarded on the June 9, 2023 award date, which vested on the second anniversary of the award date. 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.