Reffkin Robert L. 4
4 · Compass, Inc. · Filed Jun 5, 2026
Research Summary
AI-generated summary of this filing
Compass CEO Robert Reffkin Sells Shares
What Happened
Robert L. Reffkin, Chairman and CEO of Compass, reported open‑market sales of Class A common stock executed on June 3, 2026. The filings show 22,856 shares sold at a weighted average price of $7.68 (proceeds ≈ $175,440) and 600 shares sold at a weighted average price of $8.28 (proceeds ≈ $4,970), for total proceeds of roughly $180,410. These sales were automatic transactions by The Ruth Reffkin Family Trust pursuant to a Rule 10b5‑1 plan.
Key Details
- Transaction date: June 3, 2026 (reported on Form 4 filed June 5, 2026). Transaction code: S (sale). Filing appears timely (within the Form 4 reporting window).
- Prices and ranges:
- 22,856 shares; reported weighted avg $7.68; actual sale prices ranged $7.27–$8.26 (footnote).
- 600 shares; reported weighted avg $8.28; actual sale prices ranged $8.27–$8.30 (footnote).
- Proceeds: ~ $175,440 and ~$4,970, respectively; total ≈ $180,410.
- Shares owned after the transactions (beneficially, across related entities per footnote): 7,804,660 Class A shares (breakdown in footnote: 4,148,000; 3,190,870; 387,655; 78,135).
- Notable footnotes: sales were automatic under a 10b5‑1 plan adopted March 3, 2026; weighted‑average pricing reported across multiple transactions and the trust will provide per‑price details upon request.
Context
These were sales (often routine or pre‑scheduled) by a family trust under a 10b5‑1 plan, not an open‑ended discretionary sale. For retail investors, purchases are typically more informative about insider sentiment; scheduled sales under 10b5‑1 plans are common and may be unrelated to near‑term company fundamentals.
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2][F3]2026-06-03$7.68/sh−22,856$175,440→ 7,805,260 total(indirect: See Footnotes) - Sale
Class A Common Stock
[F1][F4][F5]2026-06-03$8.28/sh−600$4,970→ 7,804,660 total(indirect: See Footnotes)
- 515,796
Class A Common Stock
Footnotes (5)
- [F1]Automatic sales by The Ruth Reffkin Family Trust pursuant to a Rule 10b5-1 plan adopted on March 3, 2026.
- [F2]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.27 to $8.26 per share, inclusive. The Ruth Reffkin Family Trust undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F3]Represents (i) 4,148,000 shares of Class A Common Stock owned by the 2021 Reffkin Remainder Interest Trust, (ii) 3,190,870 shares of Class A Common Stock owned by the Reffkin Investment II Corp, (iii) 388,255 shares of Class A Common Stock owned by The Ruth Reffkin Family Trust and (iv) 78,135 shares of Class A Common Stock owned by the Reffkin 2022 Family Trust.
- [F4]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.27 to $8.30 per share, inclusive. The Ruth Reffkin Family Trust undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F5]Represents (i) 4,148,000 shares of Class A Common Stock owned by the 2021 Reffkin Remainder Interest Trust, (ii) 3,190,870 shares of Class A Common Stock owned by the Reffkin Investment II Corp, (iii) 387,655 shares of Class A Common Stock owned by The Ruth Reffkin Family Trust and (iv) 78,135 shares of Class A Common Stock owned by the Reffkin 2022 Family Trust.