SoftBank funds disclose 4.5% Compass (COMP) ownership stake

Rhea-AI Filing Summary

SoftBank-affiliated funds report beneficial ownership of 25,062,973 shares of Compass, Inc. Class A common stock, representing 4.5% of the class as of December 31, 2025. This amended Schedule 13G/A lists SB Investment Advisers (UK) Limited, SoftBank Vision Fund (AIV M1) L.P., SVF Endurance (Cayman) Limited, and SVF Excalibur (Cayman) Limited as reporting persons.

The 4.5% figure is based on 552,113,490 Compass Class A shares outstanding as of November 25, 2025, as disclosed in a Form 424B3 prospectus. SVF Excalibur is the record holder of all 25,062,973 shares, held through a SoftBank-controlled ownership chain, and the group indicates ownership of 5 percent or less of the class.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 5)

Compass, Inc.

(Name of Issuer)

Class A Common Stock, $0.00001 par value per share

(Title of Class of Securities)

20464U100

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 20464U100

1

Names of Reporting Persons

SB Investment Advisers (UK) Limited

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED KINGDOM

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 25,062,973.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 25,062,973.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

25,062,973.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

4.5 %

12

Type of Reporting Person (See Instructions)

CO

SCHEDULE 13G

CUSIP No. 20464U100

1

Names of Reporting Persons

SoftBank Vision Fund (AIV M1) L.P.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 25,062,973.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 25,062,973.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

25,062,973.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

4.5 %

12

Type of Reporting Person (See Instructions)

PN

SCHEDULE 13G

CUSIP No. 20464U100

1

Names of Reporting Persons

SVF Endurance (Cayman) Limited

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

CAYMAN ISLANDS

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 25,062,973.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 25,062,973.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

25,062,973.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

4.5 %

12

Type of Reporting Person (See Instructions)

CO

SCHEDULE 13G

CUSIP No. 20464U100

1

Names of Reporting Persons

SVF Excalibur (Cayman) Limited

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

CAYMAN ISLANDS

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 25,062,973.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 25,062,973.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

25,062,973.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

4.5 %

12

Type of Reporting Person (See Instructions)

CO

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Compass, Inc.
(b)	Address of issuer's principal executive offices: 110 Fifth Avenue, 4th Floor, New York, NY, 10011
Item 2.
(a)	Name of person filing: Each of the following is hereinafter individually referred to as a "Reporting Person" and collectively as the "Reporting Persons." This statement is filed on behalf of: SB Investment Advisers (UK) Limited ("SBIA UK") SoftBank Vision Fund (AIV M1) L.P. ("AIV M1") SVF Endurance (Cayman) Limited SVF Excalibur (Cayman) Limited
(b)	Address or principal business office or, if none, residence: The principal business address for SBIA UK is 69 Grosvenor Street, London, W1K 3JP, United Kingdom. The principal business address for AIV M1 is 1521 Concord Pike, Wilmington, DE 19803. The principal business address for each of SVF Excalibur (Cayman) Limited and SVF Endurance (Cayman) Limited is c/o Walkers Corporate Limited, 190 Elgin Avenue, George Town, Grand Cayman, KY1-9008, Cayman Islands.
(c)	Citizenship: SBIA UK is organized under the laws of England and Wales. AIV M1 is organized under the laws of the State of Delaware. Each of SVF Excalibur (Cayman) Limited and SVF Endurance (Cayman) Limited is organized under the laws of the Cayman Islands.
(d)	Title of class of securities: Class A Common Stock, $0.00001 par value per share
(e)	CUSIP No.: 20464U100
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: The ownership information presented herein represents beneficial ownership of Class A Common Stock of the Issuer as of December 31, 2025, based upon 552,113,490 shares of Class A Common Stock outstanding as of November 25, 2025, as disclosed in the Issuer's prospectus on Form 424B3 filed with the Securities and Exchange Commission on December 2, 2025. SVF Excalibur (Cayman) Limited is the record holder of 25,062,973 shares of Class A Common Stock. SVF Excalibur (Cayman) Limited is a wholly owned subsidiary of SVF Endurance (Cayman) Limited, which is a wholly owned subsidiary of AIV M1. SBIA UK has been appointed as alternative investment fund manager ("AIFM") of AIV M1. SBIA UK is authorized and regulated by the UK Financial Conduct Authority and is exclusively responsible for making all decisions related to the acquisition, structuring, financing and disposal of AIV M1's investments. As a result of these relationships, each of the Reporting Persons may be deemed to share beneficial ownership of the securities reported herein.
(b)	Percent of class: 4.5 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 25,062,973
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 25,062,973
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.	Certifications:
	Not Applicable

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

SB Investment Advisers (UK) Limited

Signature:	/s/ Amanda Sanchez-Barry
Name/Title:	Amanda Sanchez-Barry, General Counsel
Date:	02/17/2026

SoftBank Vision Fund (AIV M1) L.P.

Signature:	By: SB Investment Advisers (UK) Limited, its Manager, /s/ Amanda Sanchez-Barry
Name/Title:	Amanda Sanchez-Barry, General Counsel
Date:	02/17/2026

SVF Endurance (Cayman) Limited

Signature:	/s/ Nilani Perera
Name/Title:	Nilani Perera, Director
Date:	02/17/2026

SVF Excalibur (Cayman) Limited

Signature:	/s/ Nilani Perera
Name/Title:	Nilani Perera, Director
Date:	02/17/2026

Exhibit Information

Joint Filing Agreement (previously filed).

FAQ

What does the Compass (COMP) Schedule 13G/A filing report?

The filing reports SoftBank-affiliated entities beneficially owning 25,062,973 Compass Class A shares, or 4.5% of the class. It updates their ownership position as of December 31, 2025, under an amended Schedule 13G/A (Amendment No. 5).

How many Compass (COMP) shares do the SoftBank entities own?

SoftBank-related entities report beneficial ownership of 25,062,973 Compass Class A common shares. These are all held of record by SVF Excalibur (Cayman) Limited, with ownership attributed through its parent entities and SB Investment Advisers (UK) Limited as alternative investment fund manager.

What percentage of Compass (COMP) does SoftBank currently own?

The reporting persons state they beneficially own 4.5% of Compass’s Class A common stock. This percentage is calculated using 552,113,490 Class A shares outstanding as of November 25, 2025, as disclosed in Compass’s Form 424B3 prospectus.

Who are the reporting persons in the Compass (COMP) Schedule 13G/A?

The reporting persons are SB Investment Advisers (UK) Limited, SoftBank Vision Fund (AIV M1) L.P., SVF Endurance (Cayman) Limited, and SVF Excalibur (Cayman) Limited. They may be deemed to share beneficial ownership of the same 25,062,973 Compass Class A shares.

How is voting and dispositive power over Compass (COMP) shares allocated?

The filing shows zero sole voting or dispositive power and 25,062,973 shares of shared voting and shared dispositive power. This means decisions over these Compass Class A shares are shared among the reporting persons rather than controlled individually.

What does “ownership of 5 percent or less” mean for Compass (COMP)?

Item 5 notes ownership of 5 percent or less of Compass’s Class A stock. In this filing, the reporting persons specify a 4.5% beneficial stake, indicating their holdings are below the 5% threshold that often triggers different reporting requirements.

On what share count is SoftBank’s Compass (COMP) ownership percentage based?

The 4.5% ownership figure is based on 552,113,490 Compass Class A shares outstanding as of November 25, 2025. That share count comes from Compass’s prospectus on Form 424B3 filed with the SEC on December 2, 2025.