Form 4: CompoSecure CFO Timothy Fitzsimmons Reports Acquisition of Class A Common Stock

Timothy Walter Fitzsimmons, CFO of CompoSecure, Inc., reports the acquisition of Class A Common Stock through restricted stock units and performance-vesting restricted stock units.

Summary

• On March 15, 2024, Timothy Walter Fitzsimmons, the Chief Financial Officer of CompoSecure, Inc., acquired 122,158 shares of Class A Common Stock at a price of $5.19.
• These shares were acquired through restricted stock units (RSUs) that vest ratably over three years, starting January 1, 2025, and performance-vesting RSUs that vest based on the achievement of performance targets.
• Following these transactions, Fitzsimmons directly owns 497,952 shares of Class A Common Stock including unvested RSUs, and 620,110 shares of Class A Common Stock including both time-based and performance-based unvested RSUs.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard disclosure of stock acquisition by an executive, which doesn't inherently indicate positive or negative sentiment.

Positives

• The acquisition of shares by a key executive could be seen as a positive signal, indicating confidence in the company's future performance.

Future Outlook

The vesting of the RSUs is contingent upon the reporting person's continued service and, in the case of performance-vesting RSUs, the achievement of specified performance targets.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.

Stakeholder Impact

• The acquisition of shares by the CFO could increase investor confidence.

Key Dates