Form 4: CPI Card Group CEO John Lowe Reports Stock Transactions
SEC Form 4 Filing
CEO John Lowe reports the vesting and tax withholding of restricted stock units (RSUs) in CPI Card Group Inc.
Summary
- On March 29, 2025, John Lowe, the President and CEO of CPI Card Group Inc., had 6,471 restricted stock units (RSUs) vest, which were converted into common stock.
- The company withheld 2,846 shares to satisfy tax obligations related to the vesting of these RSUs at a price of $28.8 per share.
- Following these transactions, Lowe directly owns 25,930 shares of common stock.
- On March 31, 2025, an additional 628 RSUs vested and were converted into common stock.
- The company withheld 277 shares to cover taxes at a price of $29.17 per share.
- Following these transactions, Lowe directly owns 26,281 shares of common stock.
- Also on March 31, 2025, Lowe acquired 14,375 restricted stock units.
Sentiment
Score: 5
Explanation: This Form 4 filing is a routine disclosure of stock transactions by a company insider, and does not inherently indicate positive or negative sentiment. It reflects standard compensation practices.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The transactions have a minor dilutive effect on existing shareholders due to the issuance of new shares upon RSU vesting.
Key Dates
| Date | Description |
|---|---|
| 03/29/2024 | Award date of RSUs that vested on March 29, 2025 |
| 03/31/2023 | Award date of RSUs that vested on March 31, 2025 |
| 03/29/2025 | Vesting of 6,471 RSUs and tax withholding of 2,846 shares. |
| 03/31/2025 | Vesting of 628 RSUs, tax withholding of 277 shares, and award of 14,375 RSUs. |
| 04/01/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, CPI Card Group, John Lowe, PMTS, Restricted Stock Units, RSU, Vesting, Tax Withholding, Insider Trading
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