[144] Compass Minerals International, Inc. SEC Filing
Compass Minerals International, Inc. (CMP) filed a Form 144 notifying a proposed sale of 9,674 common shares through Morgan Stanley Smith Barney on the NYSE with an aggregate market value of $180,508.13. The filing shows the shares to be sold represent a small fraction of the company's outstanding shares (41,688,657). The securities were originally acquired as restricted stock in three grants dated 10/15/2024 (6,427 shares), 01/13/2024 (849 shares), and 10/15/2023 (2,398 shares). No sales by the reporting person in the prior three months were reported. The filer affirms no undisclosed material adverse information.
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Insights
TL;DR: Small insider sale filed for 9,674 shares via Morgan Stanley; appears routine and immaterial relative to outstanding shares.
The Form 144 notifies a proposed sale of 9,674 common shares valued at $180,508.13, scheduled through Morgan Stanley on the NYSE. Compared with 41.69 million shares outstanding, the position is minimal and unlikely to affect market supply or company valuation materially. The shares originated from restricted stock grants across 2023–2024, indicating this is disposals of vested/vesting compensation rather than sale of long-held large blocks. No prior three-month sales were reported, and the filer certifies absence of undisclosed material adverse information.
TL;DR: Filing documents routine executive/employee disposition of restricted stock; compliance representation included.
The filing follows Rule 144 procedures for selling restricted-share compensation through a broker-dealer. It documents acquisition dates and quantities for transparency and includes the required certification that the seller is not aware of undisclosed material information. Given the small size relative to total shares outstanding and absence of recent sales, this notice appears to be a standard compliance step rather than a governance red flag.