Fjellman Peter 4

What Happened Peter Fjellman, CFO of Compass Minerals International (CMP), had 8,321 restricted stock units (RSUs) convert into common shares on January 28, 2026 (reported Jan 29, 2026). Of the 8,321 shares delivered, 2,720 shares were withheld to satisfy tax withholding obligations at $25.90 per share (≈ $70,448). Net shares added to his holdings = 8,321 − 2,720 = 5,601 shares. The filing shows the RSUs converted (transaction code M) and the withholding for taxes (transaction code F).

Key Details

• Transaction date: 2026-01-28; filing date: 2026-01-29 (timely).
• Conversion: 8,321 RSUs converted to shares (code M) at $0.00 exercise price (RSUs convert to shares, not a paid option exercise).
• Tax withholding: 2,720 shares withheld (code F) at $25.90 each = $70,448.
• Net shares received: 5,601.
• Shares owned after transaction: not stated in the provided excerpt of the filing.
• Footnotes: F1–F3 indicate shares were withheld to meet tax obligations; each RSU equals one share; these RSUs vest in three equal annual installments ending Jan 28, 2028.

Context This was a routine RSU vesting/conversion event, not an open-market buy or sale. The withholding of shares to cover taxes is common and does not necessarily signal a change in insider sentiment; it is effectively a non-cash tax payment. Transaction codes: M = exercise/conversion of a derivative (here, RSUs converting to shares), F = shares withheld to pay taxes.