Form 4: Compass Minerals Executive Benjamin Nichols Reports Stock Transactions
SEC Form 4 Filing
Benjamin Nichols, Chief Commercial Officer of Compass Minerals, reports the vesting and disposal of restricted stock units to cover tax obligations.
Summary
- On May 18, 2025, Benjamin Nichols, Chief Commercial Officer of Compass Minerals International, Inc., reported transactions involving common stock and restricted stock units.
- Nichols acquired 684 shares of common stock upon the vesting of restricted stock units.
- He disposed of 238 shares to satisfy tax withholding obligations at a price of $19.18 per share.
- Following these transactions, Nichols directly owns 7,981 shares of common stock and indirectly owns 249 shares through a 401(k) plan.
- He also directly owns 685 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Future Outlook
The restricted stock units vest in three equal installments, beginning on the first anniversary of the grant date and ending on May 18, 2026.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency in insider trading activities, allowing investors to monitor the actions of company executives and directors.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they are related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/16/2025 | Date of 401(k) plan statement used for reporting indirect ownership. |
| 05/18/2025 | Date of stock transactions (vesting and disposal). |
| 05/18/2026 | Final vesting date for restricted stock units. |
| 05/19/2025 | Date of signature by Attorney-in-Fact. |
Keywords
Compass Minerals, Benjamin Nichols, Form 4, Stock Transactions, Restricted Stock Units, Insider Trading, CMP
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