Form 4: Compass CFO Kalani Reelitz Reports Stock Transactions
SEC Form 4 Filing
Compass, Inc. CFO Kalani Reelitz reports the acquisition of shares through RSU vesting and subsequent disposal to cover tax obligations.
Summary
- On June 5, 2024, Kalani Reelitz, the CFO of Compass, Inc., acquired 100,000 shares of Class A Common Stock upon the vesting of Restricted Stock Units (RSUs).
- Simultaneously, 44,300 shares were disposed of at a price of $3.71 to satisfy tax withholding obligations related to the RSU vesting.
- Following these transactions, Reelitz directly owns 438,560 shares of Class A Common Stock.
- Reelitz also directly owns 1,000,000 Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by a company insider, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for company insiders to report changes in their beneficial ownership of company stock, providing transparency to investors.
Key Dates
| Date | Description |
|---|---|
| November 15, 2023 | 25% of RSUs vest |
| 06/05/2024 | Date of stock transactions (RSU vesting and share disposal for tax obligations) |
| 06/07/2024 | Date of Form 4 signature |
| November 15, 2026 | 100% of the total shares vested |
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