Form 4: CPI Card Group Executive Reports Stock Transactions
SEC Form 4 Filing
Sarah Elizabeth Williams, Chief Technology Officer of CPI Card Group Inc., reports the vesting and subsequent tax withholding of shares related to restricted stock units.
Summary
- On March 31, 2024, Sarah Elizabeth Williams, Chief Technology Officer of CPI Card Group Inc., reported transactions involving common stock.
- 235 shares were acquired through the vesting of restricted stock units (RSUs).
- 70 shares were withheld by the issuer to satisfy tax obligations related to the vesting of RSUs at a price of $17.86.
- Following these transactions, Williams directly owns 5,970 shares of common stock.
- Additionally, Williams holds 1,232 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions, 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 transactions have a minor impact on shareholders as they reflect standard executive compensation practices.
Key Dates
| Date | Description |
|---|---|
| 03/29/2024 | Date of RSU award. |
| 03/31/2023 | Date of RSU award. |
| 03/31/2024 | Date of stock transactions (RSU vesting and tax withholding). |
| 04/02/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.