Form 4: Compass Pathways Director Sells Shares in Private Transaction
SEC Form 4
Ekaterina Malievskaia, a director at Compass Pathways, sold 776,565 ordinary shares in a private transaction to Lars Wilde, a former co-founder, on October 24, 2024.
Summary
- Ekaterina Malievskaia, a director at Compass Pathways plc, sold 776,565 ordinary shares on October 24, 2024.
- The sale was a private transaction to Lars Wilde, a former co-founder of Compass Pathways.
- The transaction was executed pursuant to previously disclosed call option agreements dating back to May 19, 2020, and subsequently amended.
- Mr. Wilde exercised his option to purchase the shares for a nominal value per ordinary share.
- Following the transaction, Dr. Malievskaia directly owns 3,152,848 ordinary shares and indirectly owns 3,155,122 ordinary shares through her spouse.
Sentiment
Score: 5
Explanation: The document describes a routine transaction related to pre-existing agreements. It doesn't inherently indicate positive or negative sentiment regarding the company's performance or future prospects.
Industry Context
This transaction represents a private agreement between a company director and a former co-founder, and doesn't necessarily reflect broader market trends in the pharmaceutical or psychedelic medicine industry. It is related to pre-existing agreements.
Related Party Transactions
- The sale of shares to Lars Wilde, a former co-founder, constitutes a related party transaction.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in ownership, but it is unlikely to be significant given the pre-existing agreements.
Key Dates
| Date | Description |
|---|---|
| May 19, 2020 | Date of the original call option agreement. |
| July 21, 2020 | Date the call option agreement was amended and restated. |
| September 9, 2020 | Date the call option agreement was further amended and restated. |
| February 15, 2023 | Date the call option agreement was further amended. |
| October 24, 2024 | Date of the share sale transaction. |
| October 25, 2024 | Date of the Form 4 filing. |
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