Quinn Sean Edward 4
4 · CIMPRESS plc · Filed May 18, 2026
Research Summary
AI-generated summary of this filing
Cimpress (CMPR) CFO Sean Quinn Exercises RSUs/PSUs, Withholds 3,463 Shares
What Happened
- Sean Quinn, Chief Financial Officer of Cimpress plc (CMPR), reported the automatic vesting/conversion of 8,521 restricted/performance share units on May 15, 2026. Those awards were recorded as exercise/conversion of derivatives (code M) at $0.00 per share (RSUs/PSUs convert into shares).
- To cover tax withholding and related exercise price obligations (code F), 3,463 of the shares were withheld/disposed at $93.25 per share, generating reported proceeds of $322,925. Net shares delivered to Mr. Quinn after withholding were 5,058 shares (8,521 vested minus 3,463 withheld).
Key Details
- Transaction date: May 15, 2026. Form 4 filed May 18, 2026 (filed within the normal two-business-day window).
- Prices and values: withholding/disposal price used $93.25; withheld 3,463 shares for $322,925. Vested shares reported at $0.00 per share (typical for RSU/PSU conversions).
- Shares owned after transaction: Not reported on the excerpted data in this summary (check the full Form 4 for total holdings).
- Footnotes from the filing: shares came from RSUs and PSUs (each unit converts to one ordinary share). RSUs and PSUs vest over a four-year schedule (25% at the initial vesting date, then gradual vesting thereafter; PSUs include performance-based determination of the number issuable).
- Transaction codes: M = exercise/conversion of derivative security (vesting of RSUs/PSUs); F = payment of exercise price or tax withholding (shares withheld to satisfy taxes).
Context
- This was not an open-market sale. The reported disposal reflects tax/exercise withholding — a common, routine administrative step when restricted or performance units vest. Such withholding does not necessarily indicate a change in the insider’s view of the company.
- PSUs are performance-dependent: the ultimate number of shares from a PSU award can vary based on achievement of performance goals; RSUs convert 1:1.
Insider Transaction Report
Form 4
CIMPRESS plcCMPR
Quinn Sean Edward
EVP, Chief Financial Officer
Transactions
- Exercise/Conversion
Ordinary Shares
[F1]2026-05-15+2,300→ 49,159 total - Exercise/Conversion
Ordinary Shares
[F2]2026-05-15+4,571→ 53,730 total - Exercise/Conversion
Ordinary Shares
[F2]2026-05-15+1,650→ 55,380 total - Tax Payment
Ordinary Shares
2026-05-15$93.25/sh−3,463$322,925→ 51,917 total - Exercise/Conversion
Restricted Share Units (right to acquire)
[F1][F3]2026-05-15−2,300→ 2,299 totalExercise: $0.00From: 2023-08-15Exp: 2026-08-15→ Ordinary Shares (2,300 underlying) - Exercise/Conversion
Performance Share Units
[F2][F4]2026-05-15−4,571→ 22,853 totalExercise: $0.00From: 2024-08-15Exp: 2027-08-15→ Ordinary Shares (4,571 underlying) - Exercise/Conversion
Performance Share Units
[F2][F4]2026-05-15−1,650→ 14,854 totalExercise: $0.00From: 2025-08-15Exp: 2028-08-15→ Ordinary Shares (1,650 underlying)
Footnotes (4)
- [F1]The shares acquired automatically vested pursuant to an award of restricted share units (RSUs), with each RSU representing Cimpress' commitment to issue one ordinary share.
- [F2]The shares acquired automatically vested pursuant to an award of performance share units (PSUs), with each PSU representing Cimpress' commitment to issue one ordinary share following the determination of the number of shares issuable pursuant to the award based on the level of achievement against the performance conditions.
- [F3]These RSUs vest over the following four-year period: 25% of the original number of RSUs granted vest on the Date Exercisable in Table II and 25% of such number of RSUs vest yearly thereafter.
- [F4]These PSUs vest over the following four-year period: 25% of the number of shares determined to be issuable pursuant to the award based on the level of achievement against the performance conditions vest on the Date Exercisable shown in Table II and 6.25% of such number of shares vest quarterly thereafter.
Signature
/s/ Sean E. Quinn|2026-05-18