Form 4: Cimpress Director Vassalluzzo Reports RSU Vesting

Cimpress plc Director Scott J. Vassalluzzo reported the vesting of restricted share units and subsequent share transactions, including a tax-related sale, effective November 15, 2025.

Summary

• Scott J. Vassalluzzo, a Director and 10% Owner of Cimpress plc, reported transactions involving Ordinary Shares.
• On November 15, 2025, Mr. Vassalluzzo acquired a total of 2,611 Ordinary Shares through the automatic vesting of Restricted Share Units (RSUs) at a price of $0 per share.
• The acquired shares consisted of 351 shares (vested 11/15/2022), 1,128 shares (vested 11/15/2023), 494 shares (vested 11/15/2024), and 638 shares (vested 11/15/2025).
• Concurrently, Mr. Vassalluzzo disposed of 1,256 Ordinary Shares at a price of $66.59 per share, likely for tax withholding purposes related to the RSU vesting.
• Following these transactions, Mr. Vassalluzzo directly beneficially owns 72,734 Ordinary Shares.
• Indirect beneficial ownership includes 2,636,492 shares via Prescott Associates L.P., 102,458 shares via Prescott International Partners L.P., 873,610 shares via Idoya Partners L.P., 116,442 shares via Prescott Investors Profit Sharing Trust, and 1,958 shares via Scott J. Vassalluzzo Family Accounts.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The transactions are routine RSU vestings and a tax-related sale, which are expected events for insider compensation. The net effect is an increase in direct beneficial ownership for the insider, which is generally positive, but the scale of the transactions is not significant enough to warrant a strong sentiment.

Positives

• The vesting of Restricted Share Units (RSUs) represents a conversion of equity compensation into actual shares for the director, increasing their direct ownership.
• The transactions were made pursuant to a Rule 10b5-1(c) plan, indicating pre-scheduled and pre-arranged transactions, which can reduce concerns about opportunistic insider trading.

Negatives

• A portion of the vested shares (1,256 shares) was disposed of, likely to cover tax obligations, which slightly reduces the net increase in direct beneficial ownership from the RSU vesting.

Future Outlook

The filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

This Form 4 filing details routine insider transactions related to equity compensation and does not provide information that directly relates to broader industry trends or competitive landscape. It reflects standard compensation practices for executives and directors.

Related Party Transactions

• Scott J. Vassalluzzo is a managing member of Prescott General Partners LLC (PGP), which is the general partner of Prescott Associates L.P., Prescott International Partners L.P., and Idoya Partners L.P., all of which indirectly beneficially own Cimpress Ordinary Shares.
• Mr. Vassalluzzo serves as a trustee for the Prescott Investors Profit Sharing Trust, which indirectly beneficially owns Cimpress Ordinary Shares.
• Shares are also indirectly beneficially owned by investment accounts established for the benefit of certain family members of Mr. Vassalluzzo.

Stakeholder Impact

• Shareholders: The transactions represent a routine change in insider ownership due to compensation, with a slight increase in direct beneficial ownership for the director. This is unlikely to have a material impact on other shareholders.
• Employees: The RSU vesting is part of an equity compensation plan, which is a common incentive for key personnel.

Key Dates

Keywords

Cimpress plc, CMPR, Form 4, Insider Transaction, Restricted Share Units, RSU Vesting, Share Acquisition, Share Disposition, Director Ownership, 10b5-1 Plan