SANTINI GINO 4
Research Summary
AI-generated summary
COMPASS Pathways Director Gino Santini Receives Option Award
What Happened
Gino Santini, a director of COMPASS Pathways plc (CMPS), was granted a derivative award on 2026-05-27 giving the right to acquire 30,158 ordinary shares. The Form 4 reports the acquisition price as $0.00 and a total value of $0 (this reflects an option/award rather than an immediate cash purchase of shares).
Key Details
- Transaction date: 2026-05-27; Form 4 filed: 2026-05-29 (filed within the normal two-business-day window).
- Instrument: derivative award/option to acquire 30,158 ordinary shares; reported price $0.00; total $0 in the filing.
- Shares owned after transaction: not disclosed in the filing excerpt.
- Vesting (Footnote F1): the shares underlying the option vest in full at the earlier of (i) the first anniversary of the grant date or (ii) COMPASS Pathways’ 2027 Annual General Meeting.
- ADS note (Footnote F2): the ordinary shares may be represented by American Depositary Shares (ADS), each currently representing one ordinary share.
- No indication in the filing that shares were immediately sold or that any tax-withholding or 10b5-1 plan applied.
Context
This was an option/award grant (a derivative acquisition). Vesting must occur before Santini can exercise to obtain actual shares; the Form 4 does not specify any exercise/strike price in the provided details. Option awards are commonly part of compensation or retention packages and do not represent an immediate open-market purchase or sale.