Compass Minerals (NYSE: CMP) officer vests RSUs, shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Compass Minerals International Chief Commercial Officer Benjamin S. Nichols reported routine equity compensation activity involving restricted stock units. On May 18, 2026, 685 restricted stock units converted into 685 shares of common stock, reflecting vesting of prior awards.
Of these, 195 shares were withheld to cover tax withholding obligations at a price of $28.97 per share, with no open-market sale. Following these transactions, Nichols holds 14,193 shares of common stock directly and 249 shares indirectly through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
685 shares exercised/converted
Mixed
4 txns
Insider
Nichols Benjamin S.
Role
Chief Commercial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 685 | $0.00 | -- |
| Exercise | Common Stock | 685 | $0.00 | -- |
| Tax Withholding | Common Stock | 195 | $28.97 | $6K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct, null);
Common Stock — 14,388 shares (Direct, null);
Common Stock — 249 shares (Indirect, 401(k) Plan)
Footnotes (1)
- Represents the number of shares withheld to satisfy tax withholding obligations in connection with the vesting and release of the restricted stock units listed in Table II. The reported number is based on a 401(k) plan statement dated as of October 31, 2025. Each restricted stock unit represents a contingent right to receive one share of Issuer common stock. The restricted stock units vest in three equal installments, beginning on the first anniversary of the grant date and ending on May 18, 2026.
Key Figures
RSUs converted: 685 shares
Shares withheld for taxes: 195 shares at $28.97
Direct holdings after transaction: 14,193 shares
+3 more
6 metrics
RSUs converted
685 shares
Restricted stock units converting into common stock on May 18, 2026
Shares withheld for taxes
195 shares at $28.97
Stock retained to satisfy tax withholding obligations
Direct holdings after transaction
14,193 shares
CMP common stock held directly by Nichols after Form 4 transactions
Indirect 401(k) holdings
249 shares
CMP shares in 401(k) plan based on October 31, 2025 statement
Tax-withholding disposition code
Code F
Shares delivered to satisfy tax liability on RSU vesting
Derivative exercise code
Code M
Exercise/conversion of restricted stock units into common shares
Key Terms
Restricted Stock Unit, tax withholding obligations, 401(k) plan, derivative security
4 terms
Restricted Stock Unit financial
"Each restricted stock unit represents a contingent right to receive one share of Issuer common stock."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
tax withholding obligations financial
"Represents the number of shares withheld to satisfy tax withholding obligations in connection with the vesting and release of the restricted stock units."
401(k) plan financial
"The reported number is based on a 401(k) plan statement dated as of October 31, 2025."
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
derivative security financial
"Exercise or conversion of derivative security."
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What insider transactions did CMP executive Benjamin S. Nichols report?
Benjamin S. Nichols reported vesting of 685 restricted stock units that converted into common shares. Of these, 195 shares were withheld to satisfy tax obligations, and he now directly holds 14,193 CMP common shares after the transactions.
What is the role of restricted stock units in CMP executive compensation?
Each restricted stock unit represents a contingent right to receive one CMP common share. The units vest in three equal installments, beginning on the first anniversary of the grant date and ending on May 18, 2026, aligning compensation with long-term share ownership.