COMP.NYSECompass, INC

Form 4: Compass Inc. Executive Scott R. Wahlers Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Chief Accounting Officer Scott R. Wahlers of Compass, Inc. reports the vesting of Restricted Stock Units (RSUs) and subsequent tax withholding.

Summary

  • On August 5, 2024, Scott R. Wahlers, Chief Accounting Officer of Compass, Inc., reported transactions involving Class A Common Stock.
  • Wahlers vested 2,700 shares of Class A Common Stock through the vesting of Restricted Stock Units (RSUs) at a price of $0.
  • Following the vesting, 1,379 shares were withheld by the Issuer to satisfy tax obligations at a price of $4.26 per share.
  • After these transactions, Wahlers directly owns 487,494 shares of Class A Common Stock.
  • Wahlers also holds 8,110 Restricted Stock Units (RSUs).

Sentiment

Score: 5

Explanation: This is a neutral report of stock transactions by an executive, 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 stock transactions. It is a standard practice for executives to receive and vest stock options or RSUs as part of their compensation.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding executive compensation and stock ownership.

Key Dates

DateDescription
April 15, 2021RSUs vest as to 16,200 shares.
August 05, 2024Date of transaction: RSU vesting and tax withholding.
August 07, 2024Date of signature on the Form 4 filing.
October 15, 2024100% of the total shares vested.

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