PHILLIPS JR CHARLES E 4

What Happened Charles E. Phillips Jr., a director of Compass, Inc. (COMP), exercised/converted derivatives covering 35,288 shares on 2026-05-14 (transaction code M) and a corresponding disposal of 35,288 derivative shares was reported the same day (both reported at $0). He was also granted/awarded 27,702 restricted stock units (RSUs) on the same date (transaction code A), reported at $0. The exercise/conversion and same-day disposition mean the exercised derivative shares were not retained; the RSUs are a contingent award that converts to shares upon settlement/vesting.

Key Details

• Transaction date(s): 2026-05-14 (all items); Form 4 filed 2026-05-15 (timely filing).
• Transactions reported:
  • M: Exercise/conversion of derivative — 35,288 shares acquired ($0) and 35,288 shares disposed ($0, derivative).
  • A: Grant/award of 27,702 RSUs acquired ($0).
• Price/value: All items reported at $0 on the Form 4; market value at settlement/vesting not reported here.
• Shares owned after transaction: Not stated in the provided excerpt — see the full Form 4 for total holdings.
• Notable footnotes from the filing:
  • F1: Each RSU equals a contingent right to receive one share upon settlement.
  • F2: Some RSUs vest 100% on the earlier of the next annual meeting or May 22, 2026.
  • F3: Some RSUs vest 100% on the earlier of the next annual meeting or May 14, 2027.
• Insider status: Director (not a 10% owner or executive disclosure here).

Context Transaction code M indicates an exercise or conversion of a derivative instrument; because the exercised derivative shares were reported disposed the same day, those shares were not held long-term by the director (check the filing for settlement method—cashless or net-settlement details). The A-code RSU award is a non-cash compensation grant that vests per the schedules noted above and will convert into shares only upon settlement/vesting. For full details (exact holding totals, settlement method, and any tax-withholding or net-settlement mechanics), consult the complete Form 4 (Accession No. 0001563190-26-000116).