Form 4: Compass CFO Reelitz Reports Stock Transactions

Compass, Inc. CFO Kalani Reelitz reports the acquisition and disposal of Class A Common Stock and Restricted Stock Units (RSUs) on March 4, 2024.

Summary

• On March 4, 2024, Kalani Reelitz, the CFO of Compass, Inc., engaged in transactions involving the company's Class A Common Stock and Restricted Stock Units (RSUs).
• Reelitz acquired 100,000 shares of Class A Common Stock through the vesting of RSUs at a price of $0.
• Simultaneously, Reelitz disposed of 45,502 shares of Class A Common Stock at $3.71 per share to cover tax withholding obligations related to the RSU vesting.
• Following these transactions, Reelitz directly owns 380,978 shares of Class A Common Stock.
• Reelitz also holds 1,100,000 RSUs, each representing a contingent right to receive one share of Class A Common Stock upon settlement.
• The RSUs vest as to 25% of the total shares on November 15, 2023, and 6.25% quarterly thereafter, with 100% of the total shares vested on November 15, 2026, subject to continued service to the Issuer.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing related to stock transactions by a company insider. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the CFO's transactions in Compass stock, which can be monitored by investors for insights into management's perspective on the company's value.

Stakeholder Impact

• Shareholders can monitor insider transactions for insights into management's views on the company's stock.

Key Dates