Form 4: Compass Minerals Executive Jennifer Hood Reports Stock Transactions
SEC Form 4 Filing
Jennifer Hood, Chief Supply Chain Officer at Compass Minerals, reports the vesting and disposal of restricted stock units to cover tax obligations.
Summary
- Jennifer Hood, Chief Supply Chain Officer of Compass Minerals International, Inc., filed a Form 4 detailing changes in her beneficial ownership of company stock.
- On October 15, 2024, Hood acquired 1,580 shares of common stock through the vesting of restricted stock units.
- On the same day, she disposed of 465 shares to satisfy tax withholding obligations at a price of $12.83 per share.
- She also disposed of 166, 454 and 960 restricted stock units.
- Following these transactions, Hood directly owns 3,642 shares of Compass Minerals common stock and 11,784 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions by an executive, with no inherent positive or negative implications for the company's performance.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common practice and required by the SEC.
Stakeholder Impact
- The transactions have a minimal impact on shareholders, as they involve a small number of shares relative to the company's total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 10/15/2024 | Date of stock transactions (acquisition and disposal of shares and restricted stock units). |
| 10/15/2027 | Final vesting date for 9,412 restricted stock units granted on 10/15/2024. |
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