{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-24-000522","form_type":"8-K","ticker":"PMTS","cik":"0001641614","company_name":"CPI Card Group Inc.","filed_at":"2024-01-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.947939+00:00","generated_at":"2026-06-06T18:21:04.656991+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"CPI Card Group names John Lowe as President and CEO, succeeding retiring Scott Scheirman","bullets":["John Lowe appointed President & CEO effective Jan 25, 2024; succeeds Scott Scheirman who retires but stays as Senior Advisor through Feb 28.","Lowe receives base salary of $625k, target annual bonus of 100% of base, and equity grants targeting $2M annually.","Promotion awards: 60,000 PSUs vesting at stock price hurdles $35/$50/$65; 40,000 RSUs vesting over 4 years.","Lane Dubin, EVP and Chief Development & Digital Officer, will depart on June 30, 2024; separation agreement expected.","Peggy O'Leary promoted to SVP Prepaid Solutions and Chief Development and Digital Officer, reporting to Lowe."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-24-000522","json":"https://secwatch.observer/filing/0001558370-24-000522.json","markdown":"https://secwatch.observer/filing/0001558370-24-000522.md","text":"https://secwatch.observer/filing/0001558370-24-000522.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1641614/000155837024000522/0001558370-24-000522-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1641614/000155837024000522/pmts-20240124x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T18:21:04.656991+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0801dcfe05","claim":"Scott Scheirman resigned as Director at CPI Card Group Inc..","evidence_excerpt":"Mr. Scheirman will resign and step down from the Board, effective January 25, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1641614/000155837024000522/0001558370-24-000522-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"ccfa2a83c3","claim":"John Lowe was appointed as President and Chief Executive Officer at CPI Card Group Inc..","evidence_excerpt":"On January 24, 2024, the Board of Directors (the “Board”) of CPI Card Group Inc. (the “Company”) appointed John Lowe, who currently serves as Executive Vice President, End-to-End Payment Solutions, as President and Chief Executive Officer of the Company, effective January 25, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1641614/000155837024000522/0001558370-24-000522-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"President and Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"cecb138f5d","claim":"John Lowe was appointed as Director at CPI Card Group Inc..","evidence_excerpt":"the Board appointed Mr. Lowe to serve on the Board, effective January 25, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1641614/000155837024000522/0001558370-24-000522-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"cf6d6dfc73","claim":"Scott Scheirman resigned as President and Chief Executive Officer at CPI Card Group Inc..","evidence_excerpt":"Mr. Scheirman will end his service as President and Chief Executive Officer on January 25, 2024","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1641614/000155837024000522/0001558370-24-000522-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"President and Chief Executive Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}