Cimpress (CMPR) EVP/CEO Florian Baumgartner Receives Award

What Happened

• Florian Baumgartner, EVP and CEO of Cimpress' Vista business, was granted 47,239 performance share units (PSUs) reported as an award (derivative) on 2026-08-07. The Form 4 shows 47,239 units acquired at $0.00 (no cash paid at grant); each PSU represents Cimpress’ commitment to issue one ordinary share if performance and vesting conditions are met.
• This is a compensation award (not an open-market purchase or sale), so it does not reflect an immediate buy/sell market signal.

Key Details

• Transaction date: August 7, 2026; Form 4 filed August 11, 2026.
• Reported transaction: Award (code A) of 47,239 PSUs @ $0.00 (derivative).
• Shares owned after transaction: Not specified in the filing.
• Footnote F1: These PSUs were originally granted Aug 15, 2025 with performance tied to adjusted EBITDA and variable gross profit for Cimpress’ Vista business for the fiscal year ended June 30, 2026; the Compensation Committee determined the number issuable on Aug 7, 2026.
• Footnote F2: Vesting schedule — 25% of the determined shares vest on the Date Exercisable shown in Table II of the filing, then 6.25% of that number vests quarterly thereafter over a four-year period.
• Filing timeliness: Form 4 filed Aug 11, 2026 reporting the Aug 7 transaction (see filing for timing details).

Context

• PSUs are performance-contingent equity awards: value depends on meeting specified performance metrics and the vesting schedule, and they convert into ordinary shares only if conditions are satisfied. Because this was an award (not a purchase or sale), it is primarily a compensation event rather than an immediate market-direction signal.