Compass CEO Robert Reffkin Sells 23,456 Shares

What Happened
Robert L. Reffkin, Chairman and CEO of Compass, sold 23,456 shares of Class A common stock in an open-market transaction on August 3, 2026. The reported weighted-average price was $11.70 per share, for total proceeds of approximately $274,433. This sale was executed automatically by The Ruth Reffkin Family Trust under a Rule 10b5-1 plan.

Key Details

• Transaction date: 2026-08-03 (filed with the SEC on 2026-08-05; filing appears timely).
• Price: reported weighted average $11.70; actual sale prices ranged from $11.53 to $11.86 per share (sales occurred in multiple trades).
• Shares sold: 23,456 (Disposition — sale). Proceeds: ~$274,433.
• Beneficial ownership reported (per filing footnote): 7,757,748 Class A shares across related trusts/entities (breakdown provided in filing). The sold shares represent roughly 0.30% of that reported holding.
• Notable footnotes: F1 — automatic sales by The Ruth Reffkin Family Trust under a 10b5-1 plan adopted March 3, 2026; F2 — weighted-average price and price range disclosure; F3 — detailed ownership breakdown by trust/entity.

Context
A 10b5-1 plan allows pre-arranged, automatic trades and is commonly used by insiders to regularly dispose of shares without regard to short-term company developments. Such planned sales are usually routine and do not necessarily indicate a change in the insider’s view of the company.