Form 4: Compass Inc. Chief Accounting Officer Reports Stock Transactions
SEC Form 4 Filing
Scott R. Wahlers, Chief Accounting Officer of Compass, Inc., reports the acquisition and disposal of Class A Common Stock and Restricted Stock Units (RSUs) on October 3, 2024.
Summary
- On October 3, 2024, Scott R. Wahlers, the Chief Accounting Officer of Compass, Inc., engaged in transactions involving the company's Class A Common Stock and Restricted Stock Units (RSUs).
- Wahlers acquired 93,968 shares of Class A Common Stock through the vesting of RSUs at a price of $0 per share.
- He also disposed of 47,972 shares of Class A Common Stock to cover tax withholding obligations at a price of $6.09 per share.
- Following these transactions, Wahlers directly owns 534,811 shares of Class A Common Stock.
- He also holds 2,710 Restricted Stock Units (RSUs) from one grant and 91,268 RSUs from another grant.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions by a company insider, with no inherent positive or negative implications for the company's performance.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of company executives and their potential impact on the stock.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| April 15, 2021 | Initial vesting date for 16,200 shares of one RSU grant. |
| March 31, 2024 | First vesting date for 25% of shares in one RSU award. |
| June 30, 2024 | Second vesting date for 25% of shares in one RSU award. |
| September 30, 2024 | Third vesting date for 25% of shares in one RSU award. |
| October 03, 2024 | Date of the reported transactions: acquisition of stock through RSU vesting and disposal for tax obligations. |
| October 04, 2024 | Date of signature on the Form 4 filing. |
| October 15, 2024 | Final vesting date for one RSU grant, with 100% of the total shares vested. |
| December 31, 2024 | Final vesting date for 25% of shares in one RSU award. |
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