Wahlers Scott R. 4

What Happened

• Scott R. Wahlers, Chief Financial Officer of Compass, converted (exercised/settled) 56,690 RSUs into shares on March 16, 2026. The conversion price was $0.00 per share (RSU settlement), resulting in 56,690 shares acquired.
• To satisfy tax withholding, 28,941 of those shares were withheld by the issuer at an implied value of $8.28 per share for a total withholding of $239,631. After withholding, the reporting person received a net ~27,749 shares (56,690 − 28,941).
• This was not an open‑market sale; it was a settlement of equity awards with shares withheld to cover tax obligations (routine corporate practice).

Key Details

• Transaction date: March 16, 2026; Form filed March 18, 2026 (reporting period 2026-03-16).
• Primary actions and codes: M = exercise/conversion of derivative (RSU settlement) for 56,690 shares (acquired); F = shares withheld for tax (28,941 shares at $8.28, $239,631).
• Net shares delivered to insider (after withholding): ~27,749 shares.
• Notable footnotes: F1 clarifies each RSU converts to one share on settlement; F2 confirms shares were withheld to satisfy tax withholding; F3 and F4 describe remaining RSU vesting schedules (multiple future vesting dates through 2029).
• Filing timeliness: filed March 18 for transactions on March 16; the filing does not indicate a late filing flag in the provided excerpt.

Context

• This is a settlement of restricted stock units (RSUs), not a market purchase or sale; withholding of shares for taxes is common and does not necessarily indicate a change in sentiment.
• For retail investors: purchases or outright market buys by insiders can be stronger bullish signals; RSU settlements with tax withholding are generally routine compensation events.