Form 4: Compass Inc. Executive Scott R. Wahlers Reports Stock Transactions
SEC Form 4 Filing
Chief Accounting Officer Scott R. Wahlers of Compass, Inc. reports the vesting of Restricted Stock Units (RSUs) and associated tax withholding.
Summary
- On June 5, 2024, Scott R. Wahlers, Chief Accounting Officer of Compass, Inc., reported transactions involving Class A Common Stock.
- Wahlers acquired 2,700 shares of Class A Common Stock upon the vesting of Restricted Stock Units (RSUs) at a price of $0.
- Simultaneously, 1,379 shares were disposed of to cover tax withholding obligations at a price of $3.71 per share.
- Following these transactions, Wahlers directly owns 440,177 shares of Class A Common Stock.
- Wahlers also directly owns 13,510 Restricted Stock Units (RSUs).
Sentiment
Score: 5
Explanation: This is a neutral report on insider transactions, reflecting standard compensation practices. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their stock transactions. It allows investors to monitor the actions of company executives and their potential impact on the stock's performance.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect standard executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| April 15, 2021 | RSUs vest as to 16,200 shares. |
| June 05, 2024 | Date of earliest transaction: RSU vesting and tax withholding. |
| October 15, 2024 | 100% of the total shares vested. |
| June 07, 2024 | Date of signature for the report. |
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