Form 4: CompoSecure Director Thomas Knott Increases Indirect Stake in CMPO
SEC Form 4 Filing
Thomas Knott, a director at CompoSecure, indirectly acquired additional shares of Class A Common Stock through Tungsten 2024 LLC and Resolute Compo Holdings LLC, with prices ranging from $14.72 to $16.12.
Summary
- On February 12, 2025, Thomas Knott indirectly acquired 221,186 shares of CompoSecure's Class A Common Stock at a weighted average price of $15.01.
- On February 13, 2025, he indirectly acquired another 220,587 shares at a weighted average price of $15.5.
- On February 14, 2025, he indirectly acquired 205,120 shares at a weighted average price of $15.83.
- These purchases increased his indirect beneficial ownership to 646,893 shares, in addition to 49,290,409 shares held through Resolute Compo Holdings LLC.
- The shares are held indirectly through Tungsten 2024 LLC and Resolute Compo Holdings LLC, with Knott disclaiming beneficial ownership except to the extent of his pecuniary interest.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. A director increasing their stake in the company can be seen as a positive sign, but the indirect nature and disclaimers temper the enthusiasm.
Positives
- Director's increased investment may signal confidence in the company's future prospects.
Industry Context
Form 4 filings are standard disclosures required by the SEC when insiders (directors, officers, and 10% owners) buy or sell their company's stock; they provide transparency into insider transactions.
Stakeholder Impact
- Shareholders may view the director's increased stake as a positive signal.
Key Dates
| Date | Description |
|---|---|
| 02/12/2025 | Indirect acquisition of 221,186 shares of Class A Common Stock at $15.01. |
| 02/13/2025 | Indirect acquisition of 220,587 shares of Class A Common Stock at $15.5. |
| 02/14/2025 | Indirect acquisition of 205,120 shares of Class A Common Stock at $15.83. |
| 02/14/2025 | Date of Form 4 filing. |
Keywords
CompoSecure, CMPO, Thomas Knott, Beneficial Ownership, Class A Common Stock, Form 4, SEC Filing, Tungsten 2024 LLC, Resolute Compo Holdings LLC
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