Form 4: CPI Card Group Director Nicholas Peters Reports Stock Transactions
SEC Form 4 Filing
Director Nicholas Peters of CPI Card Group Inc. reports acquisition and disposal of common stock and restricted stock units.
Summary
- Nicholas Peters, a director at CPI Card Group Inc., filed a Form 4 detailing changes in beneficial ownership.
- On August 31, 2024, Peters disposed of 1,111 shares of common stock related to the vesting of restricted stock units (RSUs).
- Also on August 30, 2024, Peters acquired 924 restricted stock units (RSUs) which vest on the first anniversary of the award date.
- Following these transactions, Peters directly owns 37,622 shares of common stock and 924 RSUs.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions, with neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they represent routine executive compensation adjustments.
Key Dates
| Date | Description |
|---|---|
| 08/30/2024 | Date of RSU acquisition (924 RSUs). |
| 08/31/2024 | Date of common stock disposal (1,111 shares) due to RSU vesting. |
| 09/04/2024 | Date of Form 4 filing. |
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