Form 4: CompoSecure Chief Revenue Officer Amanda Gourbault Reports Stock Sale
SEC Form 4 Filing
Amanda Gourbault, Chief Revenue Officer of CompoSecure, Inc., reported the sale of 14,397 shares of Class A Common Stock at a price of $10.98 per share on August 12, 2024.
Summary
- On August 12, 2024, Amanda Gourbault, the Chief Revenue Officer of CompoSecure, Inc. (CMPO), sold 14,397 shares of Class A Common Stock.
- The sale price was $10.98 per share.
- Following the transaction, Gourbault directly owns 1,039,500 shares of Class A Common Stock, which includes restricted stock units (RSUs) and shares purchased under the Employee Stock Purchase Plan.
- She also has indirect ownership through her husband.
Sentiment
Score: 5
Explanation: This is a routine disclosure of an insider stock sale. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders (officers, directors, or those holding more than 10% of the company's shares) buy or sell the company's securities. This provides transparency to the market regarding insider transactions.
Stakeholder Impact
- The stock sale by a company insider could be perceived negatively by some shareholders, although it is a relatively small transaction.
Key Dates
| Date | Description |
|---|---|
| 08/12/2024 | Date of stock sale transaction |
| 08/14/2024 | Date of Form 4 filing |
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