Gustavson Timothy B. 4
4 · Compass, Inc. · Filed Jun 17, 2026
Research Summary
AI-generated summary of this filing
Compass (COMP) Chief Accounting Officer Receives RSUs; Shares Withheld
What Happened
Timothy B. Gustavson, Chief Accounting Officer of Compass, had 2,299 restricted stock units (RSUs convert to shares) vest/convert on June 15, 2026. The conversion was recorded as an exercise/conversion (derivative) at $0.00. To satisfy tax withholding, 1,176 shares were withheld (disposed) at $8.59 per share, totaling $10,102. Net shares delivered to Gustavson were 1,123 (2,299 vested − 1,176 withheld). This is a routine vesting/tax-withholding event, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-15; Form 4 filed 2026-06-17 (appears timely).
- Conversion/exercise: 2,299 RSUs → shares at $0.00 (code M).
- Tax withholding: 1,176 shares withheld at $8.59/share for $10,102 (code F).
- Net shares issued to insider: 1,123.
- Shares owned after transaction: not specified in the provided excerpt.
- Relevant footnotes:
- F1: Each RSU converts to one share on settlement.
- F2: Shares were withheld by the issuer to satisfy tax withholding.
- F3: Vesting schedule — 6.25% vested on June 15, 2026 and 6.25% quarterly thereafter; 100% vests by March 15, 2030, subject to continued service.
Context
This was an RSU vesting and tax-withholding transaction (common for executives) rather than an open-market sale or purchase. The $0.00 exercise price indicates conversion of RSUs to shares rather than exercising an option that required cash; withheld shares were used solely to cover tax obligations and do not necessarily signal insider sentiment.
Insider Transaction Report
- Exercise/Conversion
Class A Common Stock
[F1]2026-06-15+2,299→ 29,633 total - Tax Payment
Class A Common Stock
[F2]2026-06-15$8.59/sh−1,176$10,102→ 28,457 total - Exercise/Conversion
Restricted Stock Unit (RSU)
[F1][F3]2026-06-15−2,299→ 34,488 total→ Class A Common Stock (2,299 underlying)
Footnotes (3)
- [F1]Each RSU represents a contingent right to receive one (1) share of the Issuer's Class A Common Stock upon settlement.
- [F2]Represents shares withheld by Issuer to satisfy tax withholding obligations on the vesting of RSUs.
- [F3]The RSUs vest as to 6.25% of the total shares on June 15, 2026 and 6.25% quarterly thereafter, with 100% of the total shares vested on March 15, 2030, subject to the Reporting Person's provision of service to the Issuer on each vesting date.