---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-21-119318"
form_type: "8-K"
ticker: "PMTS"
cik: "0001641614"
company_name: "CPI Card Group Inc."
filed_at: "2021-09-24T23:59:59+00:00"
generated_at: "2026-06-29T01:33:42.792508+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# CPI Card Group grants $1.15M equity award to CEO Scheirman, $275K to Lowe

## Summary
- CEO Scheirman receives $1.15M grant-date fair value equity (50% RSUs, 50% options).
- COO Lowe receives $275K grant-date fair value equity (same structure).
- Awards vest in equal annual installments over two years; acceleration on death, disability, change-in-control termination, or retirement.
- Awards cover long-term incentive period until next annual equity grant expected Q1 2023.

## SEC filing metadata
- accession: 0001104659-21-119318
- form_type: 8-K
- ticker: PMTS
- cik: 0001641614
- company_name: CPI Card Group Inc.
- filed_at: 2021-09-24T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1641614/000110465921119318/0001104659-21-119318-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1641614/000110465921119318/tm2128440d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-21-119318
- JSON: https://secwatch.observer/filing/0001104659-21-119318.json
- Plain text: https://secwatch.observer/filing/0001104659-21-119318.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.