Sordello Steven J 4

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.