[Form 4] Compass Minerals International, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Acacia Research Corp. (ACTG) – Form 4 filing: Director Gavin T. Molinelli received 8,380 shares of common stock on 30 Jun 2025 at an implied price of $3.58 per share. The stock grant was made in lieu of cash compensation for Q2-2025 board fees. Following the transaction, Molinelli’s total direct ownership increased to 150,987 shares. No dispositions or derivative transactions were reported, and no Rule 10b5-1 trading plan was indicated.

Because the shares were granted rather than purchased on the open market, the event signals board-level alignment but has limited immediate financial impact on the company. There is no effect on outstanding share count beyond routine equity compensation and no earnings or operational data were disclosed.

Positive

• Increase in insider ownership: Director Gavin Molinelli’s stake grows to 150,987 shares, modestly enhancing board-management alignment.

Negative

• Non-cash, routine grant: Shares were issued as compensation rather than purchased, limiting the strength of any bullish signal.

Insights

Sell-Side Financial Analyst

TL;DR: Small equity grant lifts director ownership; immaterial to ACTG valuation.

The Form 4 shows a routine compensation grant—8.4k shares worth roughly $30k—to Director Gavin Molinelli. His stake rises to ~151k shares, reinforcing insider alignment but not altering float meaningfully (ACTG has ~101 million shares outstanding). Because the grant is not an open-market buy, it provides only a mild positive sentiment signal and does not meaningfully change supply-demand dynamics nor forecast future fundamentals. I view the filing as neutral from a valuation perspective.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a 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). See Instruction 10.

1. Name and Address of Reporting Person^*

DEALY RICHARD P

(Last) (First) (Middle)

9900 WEST 109TH STREET

SUITE 100

(Street)

OVERLAND PARK KS 66210

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
COMPASS MINERALS INTERNATIONAL INC [ CMP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/30/2025		A		1,463(1)	A	$0	28,626	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents common stock units granted by the Issuer in connection with the Reporting Person's service as a director.

Remarks:

	/s/ Jared Campbell, Attorney-in-Fact	07/01/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many ACTG shares did Director Gavin Molinelli receive in the latest Form 4?

He was granted 8,380 shares of Acacia Research common stock.

At what price were the shares valued in the Form 4 filing?

The grant reflects an implied price of $3.58 per share.

What is Gavin Molinelli's total ACTG ownership after the transaction?

Following the grant, he directly owns 150,987 shares.

Was the transaction an open-market purchase?

No. The shares were issued in lieu of cash director fees, not bought on the open market.

Does this Form 4 filing affect Acacia Research’s share count?

It adds a small number of shares as part of normal compensation; the impact on total float is immaterial.