Robert L. Reffkin - Jan 1, 2025 Form 4 Insider Report for Compass, Inc. (COMP)

Role
Chairman and CEO, Director
Signature
/s/ Bradley K. Serwin, as attorney-in-fact
Stock symbol
COMP
Transactions as of
Jan 1, 2025
Transactions value $
-$291,231
Form type
4
Date filed
1/3/2025, 09:04 PM
Previous filing
Dec 20, 2024
Next filing
Jan 8, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COMP Class A Common Stock Sale -$291K -49.3K -1.64% $5.91 2.95M Jan 2, 2025 Direct F1, F2
holding COMP Class A Common Stock 7.83M Jan 1, 2025 See Footnotes F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction COMP Restricted Stock Unit (RSU) Award $0 +1.36M $0.00 1.36M Jan 1, 2025 Class A Common Stock 1.36M Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Automatic sales by the Reporting Person pursuant to a Rule 10b5-1 plan adopted on May 10, 2024.
F2 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.90 to $5.92 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 Represents (i) 4,148,000 shares of Class A Common Stock owned by the 2021 Reffkin Remainder Interest Trust, (ii) 3,190,870 shares of Class A Common Stock owned by the Reffkin Investment II Corp, (iii) 411,111 shares of Class A Common Stock owned by The Ruth Reffkin Family Trust and (iv) 78,135 shares of Class A Common Stock owned by the Reffkin 2022 Family Trust.
F4 Each RSU represents a contingent right to receive one (1) share of the Issuer's Class A Common Stock upon settlement.
F5 The RSUs vest as to 25% of the total shares on each of January 1, 2026, January 1, 2027, January 1, 2028 and January 1, 2029, subject to the Reporting Person's provision of service to the Issuer on each vesting date.