4/A: CPI Card Group CEO John Lowe Reports Stock Transactions
SEC Form 4/A
John Lowe, President and CEO of CPI Card Group Inc., reports transactions involving common stock and restricted stock units.
Summary
- John Lowe, the President and CEO of CPI Card Group Inc., filed an amended Form 4 with the SEC.
- The form reports changes in beneficial ownership of securities.
- On March 31, 2024, 629 shares of common stock were acquired upon vesting of restricted stock units (RSUs).
- 313 shares were disposed of to satisfy tax withholding requirements at a price of $17.86 per share.
- Following these transactions, Lowe directly owns 13,045 shares of common stock.
- On March 29, 2024, Lowe was granted 19,409 restricted stock units (RSUs) that vest over three years.
- The amended form corrects an error in the original filing on April 2, 2024, which incorrectly indicated the transactions were made pursuant to a Rule 10b5-1(c) plan.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock transactions, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, as required by SEC regulations.
Key Dates
| Date | Description |
|---|---|
| 03/29/2024 | Date of RSU award (19,409 units) |
| 03/31/2024 | Vesting of 629 RSUs and disposal of 313 shares for tax withholding |
| 04/02/2024 | Original Form 4 filing date (amended) |
| 06/04/2024 | Date of amended Form 4 filing |
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