Compass Minerals International: CCO Benjamin S. Nichols exercised 6,946 shares

What happened

• Benjamin S. Nichols, chief commercial officer, exercised or converted derivatives for a total of 6,946 shares that were acquired on Oct 15, 2026. The filing also shows 1,977 shares were withheld to satisfy tax withholding at $22.59 for $44,660 on Oct 15, 2026. The filing reports additional derivative conversions of 856 shares and 6,090 shares on Oct 15, 2026 (reported as disposed in the filing).

Key details

• Transaction date(s): Oct 15, 2026; reported on Form 4 filed Oct 19, 2026 (timely).
• Prices and values: tax withholding of 1,977 shares at $22.59 each for $44,660; exercise/conversion entries show $0 exercise price for the converted shares.
• Shares owned after the transaction: not reported in the information provided.
• Relevant footnotes: F1 indicates shares were withheld to satisfy tax withholding; F3 notes each restricted stock unit represents a right to one share; F4 indicates the related restricted stock units vested in three equal annual installments ending on Oct 15, 2026.
• Transaction codes: reported exercise/conversion of derivatives (M) and tax withholding (F).

Why it may matter

• The filing shows exercises/conversions of derivative awards and that shares were withheld to cover tax withholding (net settlement rather than only an open-market sale of all shares).
• The filing does not show why the insider traded or why the company acted.