Cimpress (CMPR) Vista CEO exercises share units, withholds stock for taxes
Rhea-AI Filing Summary
Cimpress plc executive Florian Baumgartner, EVP and CEO of Vista, reported routine equity award activity in the form of vesting and exercises of share units into ordinary shares. On May 15, 2026, he exercised awards covering 6,544 ordinary shares through the conversion of restricted share units and performance share units that automatically vested under their existing schedules.
To satisfy tax obligations linked to these vestings, 3,108 ordinary shares were disposed of at $93.25 per share via tax withholding, a non‑market transaction rather than an open‑market sale. Following these transactions, Baumgartner continues to hold a substantial direct position in Cimpress ordinary shares, and no open‑market purchases or sales were reported in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units (right to acquire) | 1,691 | $0.00 | -- |
| Exercise | Performance Share Units | 3,550 | $0.00 | -- |
| Exercise | Performance Share Units | 1,303 | $0.00 | -- |
| Exercise | Ordinary Shares | 1,691 | $0.00 | -- |
| Exercise | Ordinary Shares | 3,550 | $0.00 | -- |
| Exercise | Ordinary Shares | 1,303 | $0.00 | -- |
| Tax Withholding | Ordinary Shares | 3,108 | $93.25 | $290K |
Footnotes (1)
- The shares acquired automatically vested pursuant to an award of restricted share units (RSUs), with each RSU representing Cimpress' commitment to issue one ordinary share. The shares acquired automatically vested pursuant to an award of performance share units (PSUs), with each PSU representing Cimpress' commitment to issue one ordinary share following the determination of the number of shares issuable pursuant to the award based on the level of achievement against the performance conditions. These RSUs vest over the following four-year period: 25% of the original number of RSUs granted vest on the Date Exercisable in Table II and 25% of such number of RSUs vest yearly thereafter. These PSUs vest over the following four-year period: 25% of the number of shares determined to be issuable pursuant to the award based on the level of achievement against the performance conditions vest on the Date Exercisable shown in Table II and 6.25% of such number of shares vest quarterly thereafter.