Form 4: Compass Pathways Director Annalisa Jenkins Reports Share Disposal for Tax Obligations
SEC Form 4 Filing
Director Annalisa Jenkins disposed of 161 ordinary shares of Compass Pathways to cover tax obligations upon vesting of restricted share units.
Summary
- On August 1, 2024, Annalisa Jenkins, a director of Compass Pathways plc, disposed of 161 ordinary shares.
- The shares were disposed of at a price of $6.88 per share.
- This transaction was to satisfy tax withholding obligations related to the vesting of restricted share units.
- Following the transaction, Jenkins beneficially owns 19,480 ordinary shares.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction for tax purposes and doesn't inherently indicate positive or negative sentiment towards the company's future prospects.
Industry Context
Directors often sell shares to cover tax obligations when restricted stock units vest. This is a common practice and doesn't necessarily indicate a negative outlook on the company.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it involves a small number of shares.
Key Dates
| Date | Description |
|---|---|
| 08/01/2024 | Date of the share disposal transaction. |
| 08/05/2024 | Date of signature for the Form 4 filing. |
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