Compass CLO settles 101,734 RSUs, withholds 50,970
Compass’s Chief Legal Officer had RSUs settle into Class A shares, with part of the award withheld to cover tax obligations.
Rhea-AI Filing Summary
Compass, Inc. (COMP) reported that Chief Legal Officer Ethan Charles Glass settled restricted stock units into Class A common shares on September 15, 2026. Two RSU grants covering 38,150 and 63,584 units were converted into an equal number of Class A shares, and 50,970 of those shares were withheld by Compass to satisfy tax withholding obligations at $10.65 per share. The RSUs related to 38,150 shares vest 6.25% on December 15, 2025 and 6.25% quarterly thereafter until September 15, 2029, while the RSUs related to 63,584 shares vest 25% on each of December 15, 2025, March 15, 2026, June 15, 2026 and September 15, 2026, in each case subject to Mr. Glass’s continued service. No Rule 10b5-1 trading plan is reported for these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
101,734 shares exercised/converted
Exercise
4 txns
Insider
Glass Ethan Charles
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit (RSU) F1, F3 | 38,150 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit (RSU) F1, F4 | 63,584 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1 | 101,734 | $0.00 | $0.00 |
| Tax Withholding | Class A Common Stock F2 | 50,970 | $10.65 | $543K |
Holdings After Transaction:
Restricted Stock Unit (RSU) — 457,800 contracts (Direct);
Class A Common Stock — 202,163 shares (Direct)
Footnotes (4)
- F1. Each RSU represents a contingent right to receive one (1) share of the Issuer's Class A Common Stock upon settlement.
- F2. Represents shares withheld by Issuer to satisfy tax withholding obligations on the vesting of RSUs.
- F3. The RSUs vest as to 6.25% of the total shares on December 15, 2025 and 6.25% quarterly thereafter, with 100% of the total shares vested on September 15, 2029, subject to the Reporting Person's provision of service to the Issuer on each vesting date.
- F4. The RSUs vest as to 25% of the total shares on each of December 15, 2025, March 15, 2026, June 15, 2026 and September 15, 2026, subject to the Reporting Person's provision of service to the Issuer on each vesting date.
Key Figures
RSUs settled (first grant): 38,150 units
RSUs settled (second grant): 63,584 units
Total RSUs converted: 101,734 units
+5 more
8 metrics
RSUs settled (first grant)
38,150 units
RSUs converted into 38,150 Class A shares on September 15, 2026
RSUs settled (second grant)
63,584 units
RSUs converted into 63,584 Class A shares on September 15, 2026
Total RSUs converted
101,734 units
Total RSUs that settled into Class A common stock on September 15, 2026
Shares withheld for taxes
50,970 shares
Class A shares withheld to satisfy tax obligations on RSU vesting
Tax withholding price
$10.65 per share
Value used for shares withheld to satisfy tax obligations
Final vesting date (38,150 RSUs)
September 15, 2029
Date when 100% of this RSU grant is scheduled to be vested
Quarterly vesting rate (38,150 RSUs)
6.25% per quarter
From December 15, 2025 until fully vested on September 15, 2029
Installment vesting (63,584 RSUs)
25% on four dates
Vesting on Dec 15 2025, Mar 15 2026, Jun 15 2026, Sep 15 2026
Key Terms
Restricted Stock Unit (RSU), tax withholding obligations, vest, contingent right
4 terms
Restricted Stock Unit (RSU) financial
"Each RSU represents a contingent right to receive one (1) share"
A restricted stock unit (RSU) is a promise from a company to give an employee company shares (or cash equal to their value) at a future date if certain conditions are met, such as staying with the company or hitting performance targets. For investors, RSUs matter because when they convert into actual shares they increase the number of shares available and can create selling pressure as employees cash out—think of them as a future paycheck paid in company stock.
tax withholding obligations financial
"Represents shares withheld by Issuer to satisfy tax withholding obligations"
vest financial
"The RSUs vest as to 6.25% of the total shares on December 15, 2025"
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.
contingent right financial
"Each RSU represents a contingent right to receive one (1) share"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity transactions did COMP’s Chief Legal Officer report on September 15, 2026?
Ethan Charles Glass reported the settlement of 101,734 RSUs into an equal number of Compass Class A shares, consisting of 38,150 and 63,584 units, and related tax withholding in shares.
What are the vesting terms for the 38,150 COMP RSUs reported?
For the 38,150 RSUs, 6.25% of the total shares vest on December 15, 2025 and 6.25% vest quarterly thereafter, with 100% vested on September 15, 2029, subject to continued service.
What are the vesting terms for the 63,584 COMP RSUs reported?
For the 63,584 RSUs, 25% of the total shares vest on each of December 15, 2025, March 15, 2026, June 15, 2026 and September 15, 2026, subject to Ethan Charles Glass’s continued service with Compass.
Were the COMP insider transactions made under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is not marked as affirming a plan, and there is no footnote stating that the transactions were made pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
