Glass Ethan Charles 4

What Happened

• Ethan Charles Glass, Chief Legal Officer of Compass, had restricted stock units (RSUs) convert/settle on 2026-03-16. The Form 4 shows exercise/conversion entries totaling 203,466 shares (101,733 + 38,150 + 63,583). The company withheld 50,970 shares to satisfy tax withholding at $8.28 per share, valued at $422,032. The reported exercise/conversion price is $0.00, consistent with RSU settlement rather than a cash option purchase.

Key Details

• Transaction date: 2026-03-16; Form 4 filed 2026-03-18 (timely filing).
• Total RSUs converted/settled: 203,466 shares.
• Shares withheld for taxes: 50,970 shares at $8.28/share = $422,032 (footnote F2).
• Net shares delivered to the reporting person (203,466 − 50,970): 152,496 shares (based on the reported entries).
• Exercise/conversion price: $0.00 (indicates RSU settlement) (footnote F1).
• Vesting details referenced in filing: staged vesting schedules (footnotes F3 and F4).
• Shares owned after the transaction: not provided in the excerpt supplied.
• No 10b5-1 plan or late filing indicated.

Context

• This was a settlement/vesting of RSUs (derivative conversion), not a cash market purchase or a motivated open-market sale. The disposition entries reflect company withholding/surrender of shares to cover tax obligations rather than a public sale for cash. Such RSU vestings are routine compensation events for executives and do not by themselves indicate a buy/sell signal.