Compass (COMP) CEO Robert Reffkin Sells 23,456 Shares

What Happened Robert L. Reffkin, Chairman and CEO of Compass, sold 23,456 shares of Compass Class A common stock in an open-market disposition on July 1, 2026. The reported weighted-average price was $12.51 per share (range $12.22–$12.68), for total proceeds of about $293,331. The sale was effected by The Ruth Reffkin Family Trust pursuant to an automatic Rule 10b5-1 trading plan adopted March 3, 2026.

Key Details

• Transaction date: July 1, 2026 — Open-market sale (Code S).
• Shares sold: 23,456; weighted-average price: $12.51; price range: $12.22–$12.68; proceeds ≈ $293,331. (F2)
• Seller: The Ruth Reffkin Family Trust under a Rule 10b5-1 plan (F1).
• Reported beneficial ownership (per filing footnote): 7,781,204 Class A shares across related trusts/entities (details in F3).
• Filing: Reported on July 2, 2026 — filed timely (within the Form 4 window).
• Additional note: The trust will provide a breakdown of the number of shares sold at each price within the reported range upon request (F2).

Context This was an automatic, pre-arranged sale under a 10b5-1 plan, which is commonly used to schedule transactions in advance and is generally considered less informative about the insider’s current view of the company. The sale represents a small fraction (~0.30%) of the reported beneficial holdings listed in the filing.