---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-118907"
form_type: "8-K"
ticker: "PMTS"
cik: "0001641614"
company_name: "CPI Card Group Inc."
filed_at: "2025-12-05T23:59:59+00:00"
generated_at: "2026-05-16T14:16:05.655039+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# CPI Card Group: Parallel49 reduces stake from 42% to 24%; Tricor Family Office & Chairman acquire 2.1M shares

## Summary
- Tricor Family Office bought 1.9M shares (now ~20% ownership); Chairman Sandy Riley bought 0.2M shares.
- Parallel49's ownership drops from 4.8M (42%) to 2.7M (24%) shares outstanding.
- Director nomination rights granted to Tricor Family Office if holding >=10%; 1-year lock-up agreements signed.
- Parallel49 originally invested in CPI in 2007 and held ~60% post-IPO in 2015.

## SEC filing metadata
- accession: 0001104659-25-118907
- form_type: 8-K
- ticker: PMTS
- cik: 0001641614
- company_name: CPI Card Group Inc.
- filed_at: 2025-12-05T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1641614/000110465925118907/0001104659-25-118907-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1641614/000110465925118907/pmts-20251204x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-118907
- JSON: https://secwatch.observer/filing/0001104659-25-118907.json
- Plain text: https://secwatch.observer/filing/0001104659-25-118907.txt

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