Form 4: CompoSecure Executive Amanda Gourbault Reports Stock Transactions Following RSU Vesting

CompoSecure's Chief Revenue Officer, Amanda Gourbault, reports the withholding of shares to cover tax obligations following the vesting of restricted stock units (RSUs) on January 1, 2025.

Summary

• Amanda Gourbault, Chief Revenue Officer of CompoSecure, Inc., filed a Form 4 detailing changes in her beneficial ownership of company stock.
• The transactions occurred on January 1, 2025, and involved the withholding of shares to cover tax obligations related to the vesting of several tranches of restricted stock units (RSUs).
• A total of 33,535 shares were withheld from RSUs granted in 2022, 19,176 shares from RSUs granted in 2023, and 23,526 shares from RSUs granted in 2024, all at a price of $15.33 per share.
• Following these transactions, Ms. Gourbault's total direct holdings include 832,404 shares, and her total holdings including unvested RSUs and performance-vesting RSUs is 1,368,138 shares.
• The remaining unvested RSUs from the 2022, 2023 and 2024 grants will continue to vest on January 1, 2026, and January 1, 2027, subject to continued service.

Sentiment

Score: 7

Explanation: The document reflects routine executive compensation and stock transactions, which are generally neutral to positive. The vesting of RSUs is a positive sign of continued service.

Positives

• The vesting of RSUs indicates that Ms. Gourbault is meeting the time-based requirements of her compensation package.
• The continued vesting of RSUs in future years provides an incentive for continued service.

Risks

• The value of the shares is subject to market fluctuations, which could impact the value of Ms. Gourbault's holdings.
• The vesting of future RSUs is contingent on Ms. Gourbault's continued service with the company.

Future Outlook

The remaining unvested RSUs will continue to vest on January 1, 2026 and January 1, 2027, subject to the reporting person's continued service.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common practice in publicly traded companies.

Comparison to Industry Standards

• The vesting of RSUs is a standard form of executive compensation in publicly traded companies.
• The tax withholding of shares upon vesting is a common practice to cover tax obligations.
• The reporting of these transactions via Form 4 is a standard regulatory requirement.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they are related to executive compensation.
• The vesting of RSUs provides an incentive for the executive to continue to perform well.

Next Steps

• The remaining unvested RSUs will vest on January 1, 2026 and January 1, 2027, subject to continued service.

Key Dates

Keywords

CompoSecure, Form 4, Amanda Gourbault, RSU, Restricted Stock Units, Stock Transactions, Beneficial Ownership, Tax Withholding, Vesting