4Filed Aug 4, 8:00 PM ET
Compass Pathways CEO Nath Kabir Withholds 5,962 Shares for Taxes
$CMPS · COMPASS Pathways plcResearch Summary
AI-generated summary of this SEC filing
Compass Pathways CEO Nath Kabir Withholds 5,962 Shares for Taxes
What Happened
- Nath Kabir, CEO of Compass Pathways plc (CMPS), had 5,962 ordinary shares withheld to satisfy tax withholding obligations tied to a restricted share unit vesting. The withholding is reported as a disposition at $11.25 per share, totaling about $67,073.
- This was not an open-market sale by the insider; the shares were retained by the issuer to meet tax liability.
Key Details
- Transaction date: 2026-08-03; Form 4 filed: 2026-08-05 (appears timely).
- Price per share reported: $11.25; total value: $67,073 (rounded).
- Nature of transaction code: F — payment of exercise price or tax liability via share withholding.
- Footnotes:
- F1: Ordinary Shares may be represented by American Depositary Shares (ADSs); currently 1 ADS = 1 Ordinary Share.
- F2: Shares were withheld by the issuer upon RSU vesting to satisfy tax withholding.
- Shares owned after the transaction: not specified in the provided filing.
Context
- This is a routine tax-withholding disposition (issuer withholding shares upon RSU vesting), not a market sale that signals a deliberate cashing out by the insider. Such withholdings are common when equity awards vest and do not necessarily indicate the insider’s view on the company’s prospects.