Form 4: CPI Card Group Director Sheinbaum Reports Stock Transactions
SEC Form 4 Filing
Director Marc Sheinbaum reports acquisition and disposal of CPI Card Group Inc. stock and restricted stock units.
Summary
- On August 31, 2024, Director Marc Sheinbaum reported transactions involving CPI Card Group Inc. stock.
- Sheinbaum disposed of 1,111 shares of Common Stock.
- Sheinbaum also acquired 924 Restricted Stock Units (RSUs) on August 30, 2024, which vest on the first anniversary of the award date.
- Additionally, 1,111 RSUs awarded on August 31, 2023, vested on the 12-month anniversary of the award date.
- Following these transactions, Sheinbaum directly owns 0 shares and 924 RSUs.
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 insider, which is a common practice for publicly traded companies.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the actions of company leadership.
Key Dates
| Date | Description |
|---|---|
| 08/30/2024 | Date of earliest transaction and acquisition of 924 RSUs. |
| 08/31/2023 | Award date of 1,111 RSUs that vested on August 31, 2024. |
| 08/31/2024 | Date of common stock disposal and vesting of RSUs awarded on August 31, 2023. |
| 09/04/2024 | Date of signature by attorney-in-fact. |
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