Compass, Inc.·4

Jun 5, 4:30 PM ET

Reffkin Robert L. 4

Research Summary

AI-generated summary

Updated

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.