COMPASS Pathways plc·4

Mar 13, 5:03 PM ET

Loxam Teri 4

Research Summary

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COMPASS (CMPS) CFO Loxam Teri Withholds 1,781 Shares for Taxes

What Happened

  • Loxam Teri, Chief Financial Officer of COMPASS Pathways plc (CMPS), had 1,781 ordinary shares withheld by the issuer to satisfy tax withholding obligations related to vested restricted share units. The shares were recorded at $6.89 each, totaling approximately $12,271. This was a tax-withholding disposition (not an open-market sale).

Key Details

  • Transaction date: March 11, 2026; Filing date: March 13, 2026 (filed within the typical 2-business-day Form 4 window).
  • Price: $6.89 per share; Total value of withheld shares: ~$12,271.
  • Shares owned after transaction: Not specified in this filing.
  • Footnotes: F1 notes ordinary shares may be represented by American Depositary Shares (each ADS currently represents one ordinary share). F2 confirms these shares were withheld by the issuer upon vesting of restricted share units to satisfy tax withholding.
  • Transaction type/code: F (tax withholding upon vesting) — a routine disposition to cover taxes, not a market sale.

Context

  • This action reflects a common, administrative step when restricted awards vest: the company withholds shares to pay required taxes on behalf of the insider. It should not be interpreted as an intent to sell shares on the open market and is generally considered routine rather than a signal of insider sentiment.