Form 4: Compass Inc. Director Housenbold Reports Stock Vesting
SEC Form 4 Filing
Director Jeffrey T. Housenbold reports the vesting of Restricted Stock Units (RSUs) into Class A Common Stock of Compass, Inc.
Summary
- On April 2, 2024, Jeffrey T. Housenbold, a director of Compass, Inc., reported the vesting of 3,885 Restricted Stock Units (RSUs) into Class A Common Stock.
- The transaction was reported on a Form 4 filing with the SEC.
- Following the transaction, Housenbold directly owns 64,521 shares of Class A Common Stock and 3,885 RSUs.
- The RSUs vest in quarterly installments and any unvested RSUs will vest on the date of the next annual meeting of the Company's stockholders.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing indicating standard compensation practices; neither particularly positive nor negative.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The vesting of RSUs may have a minor dilutive effect on existing shareholders.
Key Dates
| Date | Description |
|---|---|
| September 1, 2023 | 25% of the total shares of RSU vested |
| December 1, 2023 | 25% of the total shares of RSU vested |
| March 1, 2024 | 25% of the total shares of RSU vested |
| April 2, 2024 | Transaction date of RSU vesting into Class A Common Stock |
| April 4, 2024 | Date of the Form 4 filing |
| June 1, 2024 | 25% of the total shares of RSU vested |
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