[144] Compass, Inc. SEC Filing

Rhea-AI Filing Summary

Compass, Inc. (COMP) filing a Form 144 notifies the proposed brokered sale of 72,297 shares of Class A common stock on or about 10/01/2025 via the NYSE, with an aggregate market value reported at $580,545. The filing identifies three separate acquisitions that supplied these shares: a terminating distribution from The RR3 Trust (208,204 shares acquired 08/19/2021), a distribution from the Ruth Reffkin Family Trust (352,000 shares acquired 05/25/2022), and a gift from Robert Reffkin (18,175 shares acquired 05/25/2022). The form also lists multiple related trust sales in the prior three months totaling recurring dispositions by affiliated trusts. The filer affirms no undisclosed material adverse information and provides broker details (J.P. Morgan Securities LLC).

Positive

• Form 144 disclosure completed, providing market transparency about proposed insider/affiliate sales
• Broker identified (J.P. Morgan Securities LLC), indicating a standard execution channel for the proposed sale
• Sources of shares specified (trust distributions and a documented gift), improving traceability of holdings

Negative

• Multiple recent sales by affiliated trusts in the prior three months, which may signal continued liquidation of related-party holdings
• Proposed sale is by insiders/affiliates, which investors sometimes interpret as negative signal even if not material

Insights

Securities Analyst

TL;DR: Small proposed sale relative to outstanding shares; shows ongoing affiliated-trust liquidity but not clearly material to company fundamentals.

The filing reports a single notice to sell 72,297 Class A shares valued at $580,545 against 525,865,413 shares outstanding, which represents a very small fraction of the float. Recent months show multiple trust-originated sales, indicating continued disposition by related parties. From a market-impact perspective, these amounts are unlikely to move COMP's share price materially, but they are relevant for monitoring insider/affiliate liquidity and potential signaling. The disclosure and use of a major broker (J.P. Morgan) reflect standard execution practices.

Corporate Governance Expert

TL;DR: Filing demonstrates procedural compliance and ongoing sales by affiliated trusts; raises typical governance questions about insider liquidity.

The Form 144 provides transparent identification of the source of shares (trust distributions and a gift) and documents prior recent sales by related trusts. That pattern can be routine estate or tax-related transfers rather than a change in corporate governance or management outlook. The signer’s attestation of no undisclosed material adverse information is standard. Governance stakeholders may note the frequency of trust sales but should consider the small scale relative to outstanding shares before drawing conclusions.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Class A Common Stock	J.P. Morgan Securities LLC 390 Madison Avenue, 6th Floor New York NY 10017	72297	580545	525865413	10/01/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Class A Common Stock	08/19/2021	Terminating Distribution from The RR3 Trust	The RR3 Trust (CSA-633)			208204	08/19/2021	N/A
Class A Common Stock	05/25/2022	Distribution from Ruth Reffkin Family Trust	Ruth Reffkin Family Trust (CSA-442)			352000	05/25/2022	N/A
Class A Common Stock	05/25/2022	Gift from Robert Reffkin	Robert Reffkin			18175	05/25/2022	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
The RR1 WY Trust C/o Compass, Inc. 110 Fifth Avenue, 4th Floor New York NY 10011	Class A Common Stock	08/01/2025	15922	123276
The RR1 WY Trust C/o Compass, Inc. 110 Fifth Avenue, 4th Floor New York NY 10011	Class A Common Stock	09/02/2025	15922	141721
The RR3 WY Trust C/o Compass, Inc. 110 Fifth Avenue, 4th Floor New York NY 10011	Class A Common Stock	08/01/2025	24099	186586
The RR3 WY Trust C/o Compass, Inc. 110 Fifth Avenue, 4th Floor New York NY 10011	Class A Common Stock	09/02/2025	24099	214504
The ER WY Trust C/o Compass, Inc. 110 Fifth Avenue, 4th Floor New York NY 10011	Class A Common Stock	05/01/2025	7859	61992
The ER WY Trust C/o Compass, Inc. 110 Fifth Avenue, 4th Floor New York NY 10011	Class A Common Stock	06/02/2025	7859	46086

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does Compass (COMP) report in this Form 144?

The filer notifies a proposed sale of 72,297 Class A shares on or about 10/01/2025 through J.P. Morgan, with an aggregate market value of $580,545.

Who supplied the shares being sold according to the filing?

Shares were acquired via a terminating distribution from The RR3 Trust (08/19/2021), a distribution from the Ruth Reffkin Family Trust (05/25/2022), and a gift from Robert Reffkin (05/25/2022).

Has the filer or related trusts sold Compass shares recently?

Yes. The filing lists multiple trust sales in the past three months, including sales on 08/01/2025, 09/02/2025, 05/01/2025, and 06/02/2025 with various share amounts.

How material is this proposed sale to Compass's total shares outstanding?

The proposed 72,297 shares are small relative to reported outstanding shares of 525,865,413, representing a negligible percentage of total shares.

Which exchange and broker are involved in the planned sale?

The sale is planned on the NYSE using J.P. Morgan Securities LLC as broker.