Form 4: CPI Card Group CFO Reports Stock Transactions

Chief Financial Officer Jeffrey Hochstadt reports the vesting of restricted stock units and subsequent tax withholding of shares.

Summary

• On May 15, 2025, Jeffrey Hochstadt, CFO of CPI Card Group Inc., reported transactions involving the company's stock.
• Specifically, 3,467 restricted stock units (RSUs) vested, each representing the right to receive one common share.
• The issuer withheld 997 shares to satisfy mandatory tax withholding requirements at a price of $23.27 per share.
• Following these transactions, Hochstadt directly owns 14,229 shares of common stock.
• The reported transactions were related to RSUs awarded on May 15, 2023, with the current vesting representing the remaining 50% of the award.

Sentiment

Score: 5

Explanation: This is a neutral report of stock transactions related to executive compensation, with no inherent positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.

Stakeholder Impact

• The transaction has a minor impact on shareholders due to the dilution from the vesting of RSUs, offset by tax payments.
• The transaction impacts the CFO's personal holdings of company stock.

Key Dates

Keywords

Form 4, CPI Card Group, PMTS, Jeffrey Hochstadt, CFO, Restricted Stock Units, RSU, Beneficial Ownership, Tax Withholding, Stock Transaction