Form 4: CompoSecure COO Reports RSU Vesting, Tax Withholding

CompoSecure's Chief Operating Officer, Gregoire Maes, reported the net settlement of restricted stock units and associated tax withholdings on January 1 and 2, 2026.

Summary

• Gregoire Maes, CompoSecure's Chief Operating Officer, reported multiple transactions involving Class A Common Stock on January 1 and 2, 2026.
• These transactions primarily involved the withholding of shares to cover tax obligations related to the net settlement of vested Restricted Stock Units (RSUs).
• On January 1, 2026, 41,709 shares were withheld at $19.28 per share from 73,102 vested RSUs, originally granted on March 16, 2022, and adjusted for a spin-off.
• Also on January 1, 2026, 28,786 shares were withheld at $19.28 per share from 51,064 vested RSUs, originally granted on March 8, 2023, and adjusted for a spin-off.
• Further on January 1, 2026, 35,317 shares were withheld at $19.28 per share from 62,651 vested RSUs, originally granted on March 15, 2024, and adjusted for a spin-off.
• On January 2, 2026, 30,515 shares were withheld at $19.28 per share from 53,329 vested performance-vesting RSUs.
• Following these transactions, Maes beneficially owns 645,653 shares of Class A Common Stock.
• This beneficial ownership includes 285,965 directly owned shares, 110,971 shares underlying RSUs vesting in 2028, 2030, and 2032, 62,650 shares underlying RSUs vesting on January 1, 2027, and 187,952 performance-vesting RSUs vesting on January 1, 2027.

Sentiment

Score: 5

Explanation: This is a routine Form 4 filing reporting the vesting of restricted stock units and the associated tax withholding. It reflects standard executive compensation practices and regulatory compliance, without indicating any significant positive or negative operational or financial news for the company.

Positives

• The vesting of a significant number of Restricted Stock Units (RSUs) indicates the achievement of performance milestones or continued service by a key executive.
• The executive continues to hold a substantial beneficial ownership of 645,653 shares, aligning their interests with shareholders.

Negatives

• A total of 136,327 shares were withheld for tax obligations, reducing the executive's direct share accumulation from the vested RSUs.

Risks

• Future RSU vesting is contingent on the reporting person's continued service as of the applicable vesting dates.
• Performance-vesting RSUs are subject to the achievement of specific performance targets as set forth in their governing award agreements.

Future Outlook

The reporting person has significant unvested Restricted Stock Units (RSUs) totaling 361,573 shares (110,971 + 62,650 + 187,952) that are scheduled to vest on various dates through February 2032, subject to continued service and, for performance-vesting RSUs, achievement of performance targets.

Industry Context

This Form 4 filing is a routine disclosure of an insider transaction, specifically the vesting and tax withholding of equity compensation. It does not provide information directly related to broader industry trends or competitive landscape. Such filings are common across all publicly traded companies as part of executive compensation and regulatory transparency.

Comparison to Industry Standards

• This filing reports a standard insider transaction (RSU vesting and tax withholding) as required by SEC regulations.
• The structure of RSU grants and vesting schedules is a common practice in executive compensation across various industries, including technology and financial services, where CompoSecure operates. No specific company or project results are provided for direct comparison against global benchmarks or competitors.

Related Party Transactions

• The filing details transactions by an executive (Gregoire Maes) with the company (CompoSecure, Inc.) related to equity compensation, which is a common form of related party transaction in the context of executive compensation.

Stakeholder Impact

• Shareholders: The filing indicates a routine change in beneficial ownership for a key executive, which is part of their compensation structure. The withholding of shares for taxes slightly reduces the number of shares entering the market from this vesting event. The executive's continued significant beneficial ownership aligns their interests with shareholders.
• Employees: The RSU vesting demonstrates the company's commitment to its equity compensation plans for executives, which can be a positive signal for other employees with similar plans.

Next Steps

• Continued vesting of 62,650 time-vesting RSUs on January 1, 2027, subject to continued service.
• Continued vesting of 187,952 performance-vesting RSUs on January 1, 2027, subject to continued service and achievement of performance targets.
• Future vesting of 110,971 RSUs in three equal installments on February 26, 2028, February 26, 2030, and February 26, 2032, subject to continued service.

Key Dates

Keywords

CompoSecure, CMPO, Gregoire Maes, COO, Form 4, insider transaction, RSU vesting, stock ownership, beneficial ownership, tax withholding, equity compensation