Nichols Benjamin S. 4

What Happened

• Benjamin S. Nichols, Chief Commercial Officer of Compass Minerals (CMP), had 2,542 restricted stock units (RSUs) convert to common shares on 2026-06-24. The filing shows 2,542 shares acquired at $0.00 (conversion of RSUs) and 747 shares disposed/withheld to satisfy tax obligations, valued at $28.66 per share for a total tax withholding of $21,409. Net shares issued to Nichols after withholding were approximately 1,795 (2,542 − 747).
• This was a routine vesting/settlement of equity awards (not an open-market purchase or voluntary sale). The acquisition is through award vesting; the disposal was for tax withholding.

Key Details

• Transaction dates: Period of report 2026-06-24; Form filed 2026-06-26 (appears timely within the usual 2-business-day Form 4 window).
• Prices/values: Withheld/disposed 747 shares at $28.66 = $21,409. Converted RSUs reported at $0.00 (grant/award conversion).
• Shares owned after transaction: Not specified in the provided data from the filing.
• Relevant footnotes: F1 indicates shares were withheld to satisfy tax withholding on RSU vesting; F3 confirms each RSU converts to one share; F4 notes the RSUs vest in two equal annual installments beginning 6/24/2026 and ending 6/24/2027.
• Transaction codes: M = exercise/conversion of derivative (RSU conversion); F = shares withheld/disposed for tax withholding.

Context

• This was a stock-settlement of awarded RSUs with a cashless tax-withholding component (company withheld/sold 747 shares to cover taxes). Such transactions are common when equity awards vest and do not necessarily indicate a view on the company’s stock—it's standard administrative withholding.
• For retail investors, purchases are more indicative of bullish signals; this filing documents an award vesting and tax withholding, not an open-market purchase or discretionary sale.