Form 4: Compass Inc. Executive Scott R. Wahlers Reports Stock Transactions
SEC Form 4 Filing
Scott R. Wahlers, Chief Accounting Officer of Compass, Inc., reports the vesting of restricted stock units and associated tax withholding.
Summary
- On May 3, 2024, Scott R. Wahlers, the Chief Accounting Officer of Compass, Inc., had 2,700 Restricted Stock Units (RSUs) vest, which converted into Class A Common Stock.
- The issuer withheld 1,379 shares to satisfy tax withholding obligations at a price of $3.37 per share.
- Following these transactions, Wahlers directly owns 438,856 shares of Class A Common Stock and 16,210 Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction affects the executive's ownership stake in the company.
- The tax withholding impacts the company's cash flow.
Key Dates
| Date | Description |
|---|---|
| April 15, 2021 | Initial vesting date of 16,200 shares of RSUs. |
| May 03, 2024 | Date of transaction: vesting of 2,700 RSUs and tax withholding. |
| October 15, 2024 | Date when 100% of the total shares of RSUs will be vested. |
| May 07, 2024 | Date of signature for the Form 4 filing. |
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