Form 4: Compass Inc. Director Josh N. McCarter Reports Stock Transactions
SEC Form 4 Filing
Director Josh N. McCarter of Compass, Inc. reports the vesting of Restricted Stock Units (RSUs) and subsequent acquisition of Class A Common Stock.
Summary
- On April 2, 2024, Josh N. McCarter, a director of Compass, Inc., reported a transaction involving Restricted Stock Units (RSUs).
- 3,716 RSUs vested and were converted into 3,716 shares of Class A Common Stock.
- Following the transaction, McCarter directly owns 62,387 shares of Class A Common Stock.
- The RSUs vest in installments, with the remaining unvested portion vesting on the date of the next annual meeting of the Company's stockholders.
Sentiment
Score: 5
Explanation: This is a routine insider transaction related to equity compensation, neither particularly positive nor negative.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the vesting of previously granted equity compensation.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a standard part of executive compensation.
Key Dates
| Date | Description |
|---|---|
| September 1, 2023 | 25% of the total shares of the RSU vested. |
| December 1, 2023 | 25% of the total shares of the RSU vested. |
| March 1, 2024 | 25% of the total shares of the RSU vested. |
| April 2, 2024 | Transaction date: 3,716 RSUs vested and converted into Class A Common Stock. |
| April 4, 2024 | Date of Form 4 filing. |
| June 1, 2024 | 25% of the total shares of the RSU vested. |
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