Cimpress (CMPR) CFO Sean Quinn Exercises Awards, Sells 11,277 Shares

What happened

• Sean Edward Quinn, Chief Financial Officer of Cimpress plc (CMPR), had restricted share units (RSUs) and performance share units (PSUs) vest and convert into common shares on August 15, 2026. A total of 23,319 shares were issued on conversion (from 2,299; 4,570; 1,651; and 14,799 share awards).
• To satisfy tax withholding, 11,277 shares were surrendered/sold at $94.46 per share for proceeds of $1,065,225. Net increase in his holdings from this event was 12,042 shares (23,319 issued less 11,277 withheld/sold).
• Transaction reporting codes: the conversions are coded as M (exercise/conversion of derivative awards) and the withholding is coded F (payment of exercise price or tax liability).

Key details

• Transaction date: August 15, 2026. Form 4 filed August 18, 2026 (reporting date shown).
• Conversion details: 23,319 shares issued from vested RSUs/PSUs (line items: 2,299; 4,570; 1,651; 14,799).
• Tax withholding/sale: 11,277 shares at $94.46 each = $1,065,225 (coded F).
• Net shares retained from the vesting event: 12,042.
• Footnotes from the filing: F1/F2 confirm shares came from vested RSUs and PSUs (each unit represents one Cimpress ordinary share); F3/F4 describe a four‑year vesting schedule (25% at the initial vest date, then 6.25% quarterly thereafter).
• Shares owned after the transaction: not specified in the excerpt provided (see full Form 4 for post-transaction holdings).

Context

• This is a routine equity-award vesting and tax-withholding event rather than an open-market buy or discretionary sale. The withholding (F code) is commonly used to cover tax obligations on vested awards; it does not necessarily signal a view on the stock.
• The conversions were recorded as derivative exercises (M) because RSUs/PSUs are treated as such until settled into ordinary shares.