Cimpress plc (CMPR) awards performance share units to CEO and chairman
Rhea-AI Filing Summary
Keane Robert S reported acquisition or exercise transactions in this Form 4 filing.
Cimpress plc reported that CEO and Chairman Robert S. Keane received two performance share unit (PSU) awards tied to fiscal year ended June 30, 2026 performance. On August 7, 2026, the Compensation Committee determined 121,503 PSUs for his CEO role and 3,115 PSUs for his director role, each PSU representing one ordinary share. These PSUs are exercisable beginning August 15, 2026 and expire on August 15, 2029, with multi-year vesting schedules.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Keane Robert S
Role
CEO, Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Share Units F1, F2 | 121,503 | $0.00 | $0.00 |
| Grant/Award | Performance Share Units F3, F4 | 3,115 | $0.00 | $0.00 |
Holdings After Transaction:
Performance Share Units — 124,618 shares (Direct)
Footnotes (4)
- F1. Performance share unit (PSU) award granted on August 15, 2025 (for Mr. Keane's role as Chief Executive Officer of Cimpress plc) with performance conditions based on adjusted EBITDA and variable gross profit of Cimpress plc 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.
- F3. Performance share unit (PSU) award granted on August 15, 2025 (for Mr. Keane's role as a member of the Board of Directors of Cimpress plc) with performance conditions based on adjusted EBITDA and variable gross profit of Cimpress plc 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.
- F4. 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 25% of such number of shares vest annually thereafter.
Key Figures
CEO PSU award: 121,503 PSUs
Director PSU award: 3,115 PSUs
Exercise date: August 15, 2026
+3 more
6 metrics
CEO PSU award
121,503 PSUs
Performance share units for CEO role, determined August 7, 2026
Director PSU award
3,115 PSUs
Performance share units for board role, determined August 7, 2026
Exercise date
August 15, 2026
Initial exercisability date for both PSU grants
Expiration date
August 15, 2029
Expiration for both PSU grants
Vesting rate (CEO PSU)
25% then 6.25% quarterly
Vesting schedule for CEO-related PSUs after exercisability date
Vesting rate (Director PSU)
25% then 25% annually
Vesting schedule for director-related PSUs after exercisability date
Key Terms
Performance share unit, adjusted EBITDA, variable gross profit, vest
4 terms
adjusted EBITDA financial
"with performance conditions based on adjusted EBITDA and variable gross profit"
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
"with performance conditions based on adjusted EBITDA and variable gross profit"
vest financial
"These PSUs vest over the following four-year period: 25% of the number"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity awards did Cimpress (CMPR) grant to CEO Robert S. Keane?
Robert S. Keane received two performance share unit (PSU) awards based on Cimpress’ fiscal year ended June 30, 2026 results, covering 121,503 PSUs for his CEO role and 3,115 PSUs for his board role.
What performance metrics determine Robert Keane’s Cimpress (CMPR) PSU awards?
The PSU awards are based on adjusted EBITDA and variable gross profit for Cimpress’ fiscal year ended June 30, 2026. The Compensation Committee set the share numbers on August 7, 2026, after assessing achievement.
When do Robert Keane’s Cimpress (CMPR) PSUs vest and become exercisable?
Both PSU grants become first exercisable on August 15, 2026. For the CEO grant, 25% vests then and 6.25% vests quarterly; for the director grant, 25% vests then and 25% vests annually.
What are the expiration dates of Robert Keane’s Cimpress (CMPR) PSU awards?
Each PSU grant carries an expiration date of August 15, 2029. After that date, any unexercised PSUs from the 121,503 CEO-related units and 3,115 director-related units would no longer be exercisable.