Reece Joseph E 4
4 · COMPASS MINERALS INTERNATIONAL INC · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
Compass Minerals (CMP) Director Reece Exercises Units, Receives RSUs
What Happened
Reece Joseph E, a director of Compass Minerals International (CMP), on 2026-03-05 converted/exercised 22,322 derivative units (transaction code M) that were recorded as both acquired and disposed the same day, and received a grant of 9,434 restricted/deferred stock units (transaction code A). All transactions show a $0.00 per-share price and $0 total value on the Form 4.
Key Details
- Transaction date: 2026-03-05; Form 4 filed 2026-03-09 (timely filing).
- Derivative exercise/conversion (M): 22,322 shares acquired @ $0.00 and 22,322 shares disposed @ $0.00 (same-day disposition).
- Grant/award (A): 9,434 shares (deferred/restricted) granted @ $0.00.
- Shares owned after transaction: not reported on this filing.
- Footnotes: F1 = deferred stock units granted for director service; F2 = annual RSU grant that vests by the earlier of ~1 year or just before next annual meeting (per filing).
- No cash purchase or sale value reported — these were conversions/grants rather than market buys or cash proceeds.
Context
Transaction code M denotes an exercise or conversion of a derivative; because the 22,322 shares were acquired and disposed on the same date, the position was not held long-term (commonly a cashless exercise or immediate disposition, though the filing doesn't state the reason). The 9,434 shares are deferred/restricted units that will vest per the footnote schedule and do not indicate an immediate open‑market purchase or sale.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-03-05+22,322→ 92,649 total - Exercise/Conversion
Deferred Stock Units
2026-03-05−22,322→ 0 totalExercise: $0.00From: 2026-03-05Exp: 2026-03-05→ Common Stock (22,322 underlying) - Award
Deferred Stock Units
[F2]2026-03-05+9,434→ 9,434 totalExercise: $0.00From: 2027-03-04Exp: 2027-03-04→ Common Stock (9,434 underlying)
- 21,000(indirect: By Trust)
Common Stock
Footnotes (2)
- [F1]Represents deferred stock units granted by the Issuer in connection with the Reporting Person's service as a director.
- [F2]Represents annual grant of restricted stock units in connection with the Reporting Person's service as a director, which will vest on the earlier of (a) the day immediately preceding the Issuer's next annual meeting (as long as the meeting is held at least 50 weeks from the grant date) and (b) the first anniversary of the grant date.