4Filed Aug 17, 8:00 PM ET

Cimpress (CMPR) CEO Robert Keane Receives PSUs; 17,624 Shares Withheld

AI-generated summary of this SEC filing

Updated Aug 18, 2026

What Happened

Robert S. Keane, CEO, Chairman and a director of Cimpress plc (CMPR), had performance share units (PSUs) convert into 44,614 ordinary shares on 2026-08-15. The PSUs converted at no exercise price (price = $0).
To satisfy tax withholding, 17,624 of those shares were surrendered at $94.46 per share for a total withholding value of $1,664,763. Net new shares retained by Keane from this vesting event: 26,990.
This was not an open-market sale of holdings but an issuance/settlement of awards with a share withholding to cover taxes (common "sell-to-cover" / tax-withholding treatment).

Key Details

Transaction date: 2026-08-15; Form 4 filed 2026-08-18.
Primary transaction codes: M = exercise/conversion of derivatives (PSUs); F = payment of exercise price/tax liability (share withholding).
Shares issued via conversion (acquired): 44,614 total (broken into multiple PSU tranches). Shares surrendered for taxes (disposed): 17,624 at $94.46 each = $1,664,763.
Net shares added to beneficial ownership from this event: 26,990.
Shares owned after transaction: not specified in the provided excerpt of the filing.
Relevant footnotes:
- F1: PSUs automatically vested and represent Cimpress’ commitment to issue one share per PSU once performance is determined.
- F2: Includes 28,375 shares held by RHS Delaware Holdings LLC (owned by Eastern Irrevocable, LLC and Western Irrevocable, LLC).
- F3/F4: Describe multi-year vesting schedules for the PSU awards that produced these shares.
No indication in the provided data of a 10b5-1 plan or that the filing was late.

Context

These were PSU conversions (derivative-to-share settlements), not open-market purchases or discretionary sales. The withholding of 17,624 shares to cover taxes is a routine administrative step and does not necessarily indicate a change in insider sentiment.
Transaction codes: M = exercise/conversion of derivative awards (PSUs); F = share disposition to cover taxes/withholding.