Ernesto Boada - 28 Nov 2025 Form 4 Insider Report for CPI Card Group Inc. (PMTS)

Signature
/s/ Darren Dragovich, attorney-in-fact
Issuer symbol
PMTS
Transactions as of
28 Nov 2025
Transactions value $
-$2,378
Form type
4
Filing time
02 Dec 2025, 17:03:11 UTC
Previous filing
03 Nov 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Boada Ernesto Chief Information Officer C/O CPI CARD GROUP INC., 10368 WEST CENTENNIAL ROAD, LITTLETON /s/ Darren Dragovich, attorney-in-fact 02 Dec 2025 0002042198

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PMTS Common Stock Options Exercise +611 +18.43% 3.93K 29 Nov 2025 Direct F1
transaction PMTS Common Stock Tax liability -$2.38K -176 -4.48% $13.51 3.75K 29 Nov 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 Award $0 +3.74K $0.00 3.74K 28 Nov 2025 Common Stock 3.74K Direct F1, F3
transaction PMTS Restricted Stock Units Options Exercise $0 -611 -33.44% $0.00 1.22K 29 Nov 2025 Common Stock 611 Direct F1, F4
* 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 33.4% of the RSUs reported on this line vest on the first anniversary of the November 28, 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.
F4 This line reports 33.4% of the RSUs that were awarded on the November 29, 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.