Sordello Steven J 4
4 · Compass, Inc. · Filed May 15, 2026
Research Summary
AI-generated summary of this filing
Compass (COMP) Director Steven Sordello Exercises Options, Receives RSUs
What Happened
Steven J. Sordello, a director of Compass, Inc. (COMP), reported derivative activity on 2026-05-14. The filing shows an exercise/conversion (code M) involving 35,288 shares at $0.00 and two awards (code A) totaling 37,379 restricted stock units (RSUs) — 27,702 RSUs and 9,677 RSUs — also reported at $0.00. The $0.00 reporting indicates these were equity awards/derivative conversions rather than open-market purchases or sales.
Key Details
- Transaction date (reporting period): 2026-05-14; Form 4 filed: 2026-05-15 (timely).
- Transactions reported: Exercise/conversion (M) — 35,288 shares acquired and the same 35,288 shown as disposed (derivative); Grants/Awards (A) — 27,702 RSUs and 9,677 RSUs acquired. All reported at $0.00.
- Shares owned after transaction: Not specified in the provided transaction summary.
- Footnotes:
- F1: Each RSU equals a contingent right to one share of Class A common stock.
- F2–F4: RSUs carry differing vesting schedules — some vest 100% by the next annual meeting or specified dates, others vest 25% across quarterly dates with full vesting at the next annual meeting.
- Filing timeliness: Filed the day after the reported transactions; no late filing indicated.
Context
- Code M indicates exercise or conversion of a derivative (e.g., option or other convertible award). Code A denotes awards/grants (RSUs). RSUs are contingent and only convert to actual shares upon vesting per the schedules in the footnotes.
- These entries appear to reflect compensation-related equity activity (awards and conversion) rather than open-market buying or selling; no cash payment or proceeds are shown.
Insider Transaction Report
Form 4
Compass, Inc.COMP
Sordello Steven J
Director
Transactions
- Exercise/Conversion
Class A Common Stock
[F1]2026-05-14+35,288→ 247,357 total - Exercise/Conversion
Restricted Stock Unit (RSU)
[F1][F2]2026-05-14−35,288→ 0 total→ Class A Common Stock (35,288 underlying) - Award
Restricted Stock Unit (RSU)
[F1][F3]2026-05-14+27,702→ 27,702 total→ Class A Common Stock (27,702 underlying) - Award
Restricted Stock Unit (RSU)
[F1][F4]2026-05-14+9,677→ 9,677 total→ Class A Common Stock (9,677 underlying)
Footnotes (4)
- [F1]Each RSU represents a contingent right to receive one (1) share of the Issuer's Class A Common Stock upon settlement.
- [F2]The RSUs shall vest 100% on the earlier of (i) the date of the next annual meeting of the Company's stockholders and (ii) May 22, 2026.
- [F3]The RSUs shall vest 100% on the earlier of (i) the date of the next annual meeting of the Company's stockholders and (ii) May 14, 2027.
- [F4]The RSUs shall vest as to 25% of the total shares on each of August 1, 2026, November 1, 2026, February 1, 2027, and May 1, 2027; and if not fully vested, will vest in full on the date of the next annual meeting of the Company's stockholders.
Signature
/s/ Ethan Glass, as attorney-in-fact|2026-05-15