SEC Form 4 · accession 0001511387-26-000005
CPI Card Group Inc. · PMTS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brennan A. Hughes
Officer — Chief Accounting Officer
Period of report
Aug 31, 2026
Accepted (ET)
Sep 1, 2026 · 7:46 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001641614
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Aug 31, 2026 | A | 3,632 | A | — | — | Common Stock | 3,632 | 3,632 | D |
| Phantom StockF3 | — | Aug 31, 2026 | A | 6,357 | A | Dec 31, 2028 | Dec 31, 2028 | Common Stock | 6,357 | 6,357 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") represents the right to receive one common share of the Issuer upon vesting of such RSU.
- F2Represents a restricted stock unit award which vests in three substantially equal installments on August 31, 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.
- F3Each share of phantom stock is the economic equivalent of one share of the Issuer's common stock. The award is scheduled to vest shortly following the Expiration Date and settle in cash based on a combination of the average closing price of the Issuer's common stock during the last month of the performance period and the achievement of certain performance metrics during the performance period, subject to the reporting person's continuous service through the vesting date or as otherwise provided for in the applicable award agreement.