CIMPRESS (CMPR) CEO Florian Baumgartner Receives Vested RSUs

What Happened

• Florian Baumgartner, Cimpress EVP and CEO (Vista), had 1,026 restricted share units (RSUs) vest on July 15, 2026. The RSUs converted to ordinary shares at $0 exercise price.
• To satisfy tax withholding, 488 of those shares were surrendered at an implied value of $98.52 per share for a total withholding of $48,078. After withholding, about 538 shares were delivered to Baumgartner.

Key Details

• Transaction date: July 15, 2026; Form 4 filed July 17, 2026 (timely filing, within the usual two-business-day window).
• Reported transactions: conversion/exercise of RSUs (code M) and tax withholding via share surrender (code F).
• Withheld shares: 488 @ $98.52 = $48,078.
• RSU shares converted/acquired: 1,026; net shares issued to insider after withholding: ~538.
• Footnotes: F1 — shares automatically vested upon RSU award conversion; F2 — original RSU grant vests over four years (25% on the initial vest date, then 6.25% quarterly thereafter).
• Shares owned after the transaction: not specified in the filing.

Context

• This was an RSU vesting event (award conversion), not an open-market buy or sell; withholding shares for taxes is routine and does not by itself signal a purchase or sale intent.
• Transaction codes: M = exercise/conversion of a derivative (here, RSUs converting to shares); F = shares surrendered to cover tax withholding.