Keane Robert S 4

What Happened On May 15, 2026, Robert S. Keane (CEO, Chairman and Director of Cimpress plc) had performance share units (PSUs) convert into 13,112 ordinary shares. To satisfy tax withholding obligations, 4,522 of those shares were surrendered/withheld at $93.25 per share, resulting in a tax withholding value of $421,677. The PSU conversion is reported as exercise/conversion of a derivative (transaction code M) and the withholding is reported under code F.

Key Details

• Transaction date: 2026-05-15.
• Shares acquired via PSU conversion: 13,112 total (9,579 + 145 + 3,388).
• Shares withheld/surrendered for taxes: 4,522 at $93.25 per share = $421,677.
• Net shares added to Keane’s holdings from this event: 8,590 (13,112 vested minus 4,522 withheld).
• Footnotes: F1 explains these were PSUs converting to ordinary shares; F2 notes holdings include 28,375 shares held by RHS Delaware Holdings LLC (owned by related entities); F3 describes the standard PSU vesting schedule for other awards (25% at the initial vest date, then 6.25% quarterly).
• Transaction types: M = exercise/conversion of derivative (PSU conversion); F = tax withholding (share surrender), not an open-market sale.

Context This was not an open-market sale for cash gain but a routine conversion of performance awards with a portion of shares surrendered to cover taxes (a common "sell-to-cover" or share-withholding method). The $0.00 exercise entries reflect conversion of PSUs (no cash exercise price). The filing does not indicate any trading plan or further market sales in this report.