Form 4: CPI Card Group Executive Sonya Vollmer Reports Stock Transactions
SEC Form 4 Filing
Sonya Vollmer, Chief Human Resources Officer at CPI Card Group Inc., reports the vesting and subsequent tax withholding of shares related to restricted stock units.
Summary
- On March 31, 2024, Sonya Vollmer, Chief Human Resources Officer of CPI Card Group Inc., reported transactions involving common stock.
- These transactions included the vesting of 219 restricted stock units (RSUs) and the withholding of 65 shares by the issuer to cover mandatory tax obligations.
- Following these transactions, Vollmer directly owns 1,498 shares of common stock.
- Vollmer also holds 1,552 restricted stock units, which vest in installments over three years from the grant date of March 29, 2024.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, providing transparency to investors regarding the actions of company executives.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation.
Key Dates
| Date | Description |
|---|---|
| 03/29/2024 | Date of RSU award, vesting in installments over three years. |
| 03/31/2023 | Date of RSU award, vesting in installments over two years. |
| 03/31/2024 | Vesting of 219 restricted stock units and tax withholding of 65 shares. |
| 04/02/2024 | Date of Form 4 filing. |
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