Form 4: Cimpress Executive Florian Baumgartner Reports Share Transactions
SEC Form 4
Florian Baumgartner, EVP and CEO of Vista at Cimpress, reports the acquisition and disposal of ordinary shares and restricted/performance share units on February 15, 2025.
Summary
- On February 15, 2025, Florian Baumgartner, EVP and CEO of Vista at Cimpress plc, reported transactions involving Cimpress' ordinary shares.
- Baumgartner acquired shares through the vesting of restricted share units (RSUs) and performance share units.
- Specifically, 1,832 shares vested from RSUs granted on May 15, 2021, 4,228 shares vested from RSUs granted on February 15, 2023, 1,691 shares vested from RSUs granted on August 15, 2023, and 3,550 shares vested from performance share units granted on August 15, 2024.
- Additionally, 5,367 shares were disposed of at a price of $53.85.
- Following these transactions, Baumgartner directly owns 41,745 ordinary shares and 10,146 restricted share units and 35,500 performance share units.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing detailing insider transactions. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives who receive equity-based compensation. It provides transparency into the executive's holdings and transactions in the company's stock.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 05/15/2021 | Date of grant for 1,832 Restricted Share Units (RSUs) that vest over four years. |
| 02/15/2023 | Date of grant for 4,228 Restricted Share Units (RSUs) that vest over three years. |
| 08/15/2023 | Date of grant for 1,691 Restricted Share Units (RSUs) that vest over four years. |
| 08/15/2024 | Date of grant for 3,550 Performance Share Units that vest over four years. |
| 02/15/2025 | Date of transactions: vesting of RSUs and performance share units, and disposal of shares. |
| 02/19/2025 | Date of filing the Form 4. |
Keywords
Cimpress, Florian Baumgartner, CMPR, share transactions, Form 4, restricted share units, performance share units, executive compensation, insider trading
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