Baumgartner Florian 4
4 · CIMPRESS plc · Filed May 18, 2026
Research Summary
AI-generated summary of this filing
Cimpress (CMPR) CEO Florian Baumgartner Exercises Awards and Sells Shares
What Happened
- Florian Baumgartner, Cimpress EVP and CEO, reported the conversion/vesting of a mix of restricted share units (RSUs) and performance share units (PSUs) into 6,544 ordinary shares on 2026-05-15. To satisfy tax withholding related to the vesting, 3,108 of those shares were surrendered/withheld at $93.25 per share, totaling approximately $289,821. The remaining net shares retained from the vesting equal 3,436 shares.
Key Details
- Transaction date: 2026-05-15; Form 4 filed: 2026-05-18 (filing appears timely).
- Vesting/Conversion entries (code M): 1,691 RSUs + 3,550 PSUs + 1,303 PSUs = 6,544 shares acquired at $0 (award conversion).
- Tax/withholding (code F): 3,108 shares disposed at $93.25 for ~$289,821 to cover tax liability.
- Net shares retained after withholding: 3,436 shares (6,544 acquired − 3,108 withheld).
- Shares owned after the transaction: not specified in the filing.
- Relevant footnotes: F1–F2 confirm RSUs and PSUs represent commitments to issue one ordinary share each; F3–F4 describe four‑year vesting schedules and PSU performance-based determination.
Context
- This was an award vesting and a typical "sell-to-cover" (tax withholding) event rather than an open-market sale or purchase; the shares were issued on vesting and a portion was surrendered to meet tax obligations. Such transactions are routine for compensation-related vesting and do not by themselves indicate CEO market timing or broader insider sentiment.
Insider Transaction Report
Form 4
CIMPRESS plcCMPR
Baumgartner Florian
EVP and CEO, Vista
Transactions
- Exercise/Conversion
Ordinary Shares
[F1]2026-05-15+1,691→ 70,411 total - Exercise/Conversion
Ordinary Shares
[F2]2026-05-15+3,550→ 73,961 total - Exercise/Conversion
Ordinary Shares
[F2]2026-05-15+1,303→ 75,264 total - Tax Payment
Ordinary Shares
2026-05-15$93.25/sh−3,108$289,821→ 72,156 total - Exercise/Conversion
Restricted Share Units (right to acquire)
[F1][F3]2026-05-15−1,691→ 1,691 totalExercise: $0.00From: 2023-08-15Exp: 2026-08-15→ Ordinary Shares (1,691 underlying) - Exercise/Conversion
Performance Share Units
[F2][F4]2026-05-15−3,550→ 17,750 totalExercise: $0.00From: 2024-08-15Exp: 2027-08-15→ Ordinary Shares (3,550 underlying) - Exercise/Conversion
Performance Share Units
[F2][F4]2026-05-15−1,303→ 11,727 totalExercise: $0.00From: 2025-08-15Exp: 2028-08-15→ Ordinary Shares (1,303 underlying)
Footnotes (4)
- [F1]The shares acquired automatically vested pursuant to an award of restricted share units (RSUs), with each RSU representing Cimpress' commitment to issue one ordinary share.
- [F2]The shares acquired automatically vested pursuant to an award of performance share units (PSUs), with each PSU representing Cimpress' commitment to issue one ordinary share following the determination of the number of shares issuable pursuant to the award based on the level of achievement against the performance conditions.
- [F3]These RSUs vest over the following four-year period: 25% of the original number of RSUs granted vest on the Date Exercisable in Table II and 25% of such number of RSUs vest yearly thereafter.
- [F4]These PSUs vest over the following four-year period: 25% of the number of shares determined to be issuable pursuant to the award based on the level of achievement against the performance conditions vest on the Date Exercisable shown in Table II and 6.25% of such number of shares vest quarterly thereafter.
Signature
/s/ Sean E. Quinn, as attorney-in-fact for Florian Baumgartner|2026-05-18