Quinn Sean Edward 4
Research Summary
AI-generated summary
Cimpress (CMPR) CFO Sean Quinn Sells Shares, Exercises Options
What Happened
Sean Quinn, Chief Financial Officer of Cimpress plc (CMPR), exercised 5,009 stock options (exercise cost $46.20/share, ~$231,416) and sold a total of approximately 27,989 Cimpress shares in open-market transactions on May 27–28, 2026. The reported sale proceeds total about $2,925,909 (sales ranged across transactions with weighted-average prices shown below). The exercised shares were sold the same day, effectively a cashless exercise and sale.
Key Details
- Transaction dates: May 27–28, 2026; Form 4 filed May 29, 2026 (timely filing).
- Sales (open market): 300 shares @ $103.55 = $31,065 (F1); 20,534 @ $104.57 = $2,147,240 (F2); 2,146 @ $105.11 = $225,566 (F3); 5,009 @ $104.22 = $522,038 (F4). Total proceeds ≈ $2,925,909.
- Option exercise (M): 5,009 shares exercised @ $46.20 = $231,416 (acquired), then those 5,009 shares were sold the same day. A separate derivative disposition of 5,009 units is reported at $0 (standard reporting of option conversion).
- Footnotes: F1–F4 note weighted-average sale prices with per-share price ranges (details available on request). F5 describes the original option vesting schedule (25% on first vest date, then 6.25% quarterly).
- Shares owned after transaction: not specified in the provided summary—see the filed Form 4 for ending holdings.
- Transaction codes: S = sale, M = option exercise/derivative conversion. Filing status: timely (no late filing flag).
Context
Because the options were exercised and the resulting shares sold the same day, this is effectively a cashless exercise followed by a sale rather than a long-term buy signal. Sales by executives can be routine (tax or diversification) and do not, by themselves, indicate company outlook. For full details (exact per-share prices within the reported ranges and ending holdings), consult the official Form 4 filing (Accession 0001621706-26-000006).