CIMPRESS (CMPR) awards 47,239 performance share units to Vista CEO Baumgartner
Rhea-AI Filing Summary
Baumgartner Florian reported acquisition or exercise transactions in this Form 4 filing.
CIMPRESS plc reported that executive Florian Baumgartner, EVP and CEO of Vista, received a grant of 47,239 Performance Share Units (PSUs). These PSUs were originally granted on August 15, 2025 and are tied to adjusted EBITDA and variable gross profit for Vista for the fiscal year ended June 30, 2026. On August 7, 2026, the compensation committee determined that 47,239 ordinary shares are issuable under this award, with each PSU representing one ordinary share. The PSUs vest over four years: 25% on August 15, 2026 and 6.25% of the total quarterly thereafter.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Baumgartner Florian
Role
EVP and CEO, Vista
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Share Units F1, F2 | 47,239 | $0.00 | $0.00 |
Holdings After Transaction:
Performance Share Units — 47,239 shares (Direct)
Footnotes (2)
- F1. Performance share unit (PSU) award granted on August 15, 2025 with performance conditions based on adjusted EBITDA and variable gross profit of Cimpress plc's Vista business for the fiscal year ended June 30, 2026. On August 7, 2026, Cimpress' Compensation Committee determined the number of shares issuable pursuant to this PSU award based on the level of achievement against the performance conditions, with each PSU representing Cimpress' commitment to issue one ordinary share.
- F2. These PSUs vest over the following four-year period: 25% of the number of shares determined to be issuable vest on the Date Exercisable shown in Table II and 6.25% of such number of shares vest quarterly thereafter.
Key Figures
PSUs granted/determined issuable: 47,239 Performance Share Units
Vesting cliff: 25%
Ongoing vesting rate: 6.25%
+4 more
7 metrics
PSUs granted/determined issuable
47,239 Performance Share Units
Number of ordinary shares issuable under PSU award as determined August 7, 2026
Vesting cliff
25%
Portion of PSUs vesting on August 15, 2026
Ongoing vesting rate
6.25%
Portion of total PSUs vesting quarterly after the initial 25% vests
Grant date
August 15, 2025
Original grant date of the performance share unit award
Performance period end
June 30, 2026
Fiscal year end used to measure adjusted EBITDA and variable gross profit
Date exercisable (initial vest)
August 15, 2026
Initial vesting date for 25% of the determined PSUs
Expiration date
August 15, 2029
Expiration date of the PSU award as reported
Key Terms
Performance Share Units, adjusted EBITDA, variable gross profit, vesting
4 terms
adjusted EBITDA financial
"performance conditions based on adjusted EBITDA and variable gross profit of Cimpress plc's Vista business"
Adjusted EBITDA is a way companies measure how much money they make from their core operations, like running a business, by removing certain costs or income that aren’t part of regular business activities. It helps investors see how well a company is doing without distractions from unusual expenses or gains, making it easier to compare companies or track performance over time.
variable gross profit financial
"performance conditions based on adjusted EBITDA and variable gross profit of Cimpress plc's Vista business"
vesting financial
"These PSUs vest over the following four-year period: 25% of the number of shares"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity award did CIMPRESS (CMPR) grant to Florian Baumgartner?
CIMPRESS granted Florian Baumgartner 47,239 Performance Share Units (PSUs), each representing the right to receive one ordinary share. The number of PSUs was finalized based on Vista’s fiscal 2026 adjusted EBITDA and variable gross profit performance.
How are Florian Baumgartner’s CIMPRESS (CMPR) PSUs structured and when do they vest?
The PSUs vest over four years: 25% of the 47,239 shares vest on August 15, 2026, and 6.25% of the total vest quarterly thereafter. This schedule gradually delivers ordinary shares if service conditions are satisfied.
What performance metrics determine Baumgartner’s PSU payout at CIMPRESS (CMPR)?
The PSU payout is based on Vista’s adjusted EBITDA and variable gross profit for the fiscal year ended June 30, 2026. On August 7, 2026, the compensation committee set the 47,239-share payout by assessing achievement against these performance conditions.
When was the PSU award to Florian Baumgartner at CIMPRESS (CMPR) granted and determined?
The PSU award was originally granted on August 15, 2025. On August 7, 2026, the compensation committee determined that 47,239 ordinary shares are issuable under the award based on Vista’s fiscal 2026 performance metrics.
What type of security is reported in Florian Baumgartner’s Form 4 for CIMPRESS (CMPR)?
The Form 4 reports a grant of Performance Share Units (PSUs), a type of derivative security. Each PSU represents CIMPRESS’s commitment to issue one ordinary share if the performance and vesting conditions are met over the four-year schedule.