Form 4: Compass CEO Robert Reffkin Converts 1 Million Class C Shares to Class A Common Stock

Compass, Inc. CEO Robert Reffkin converted 1,000,000 shares of Class C Common Stock to Class A Common Stock on September 13, 2024.

Summary

• On September 13, 2024, Robert L. Reffkin, CEO and Chairman of Compass, Inc., converted 1,000,000 shares of Class C Common Stock into Class A Common Stock.
• The conversion was executed at a price of $0.
• Following the transaction, Reffkin directly owns 1,000,000 shares of Class A Common Stock.
• Reffkin also indirectly owns 7,828,116 shares of Class A Common Stock through various trusts and investment corporations.
• Additionally, Reffkin indirectly owns 4,125,000 shares of Class A Common Stock through Reffkin Investment I Corp.

Sentiment

Score: 5

Explanation: This is a routine filing related to stock conversion, and doesn't inherently indicate positive or negative sentiment. It's a neutral event.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, such as directors and officers. This filing indicates a change in the form of Reffkin's equity holdings, but not necessarily a change in his overall economic exposure to Compass.

Stakeholder Impact

• The conversion of shares could have a minor impact on the overall share structure, but is unlikely to significantly affect stakeholders.

Key Dates