Form 4: Compass Pathways CFO Teri Loxam Reports Share Disposal for Tax Obligations
SEC Form 4 Filing
Teri Loxam, CFO of Compass Pathways plc, reports the disposal of shares to cover tax withholding obligations upon vesting of restricted share units.
Summary
- On March 3, 2025, Teri Loxam, the Chief Financial Officer of COMPASS Pathways plc, disposed of 4,468 ordinary shares to satisfy tax withholding obligations.
- The shares were disposed of at a price of $3.67 per share.
- Following the transaction, Loxam directly owns 58,250 ordinary shares.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing. The sentiment is neutral as it simply reports a transaction for tax purposes.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 03/03/2025 | Date of transaction: Disposal of shares to cover tax obligations. |
| 03/04/2025 | Date of signature for the Form 4 filing. |
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