[SCHEDULE 13G] Compass, Inc. SEC Filing

Rhea-AI Filing Summary

Quad-C entities reported beneficial ownership of 22,531,099 shares of Compass, Inc. Class A common stock, representing 5.1% of the class. The filing shows the shares are held with shared voting and shared dispositive power and that the Reporting Persons are Quad-C Partners IX, L.P. and Quad-C Principals LLC, organized in the United States and Delaware respectively. The document includes the issuer address and confirms the filing is a Schedule 13G disclosure.

The filing includes a certification that the shares were not acquired to change or influence control of the issuer and indicates the position is not held on behalf of another person. Signatures from Quad-C entities and Anthony R. Ignaczak appear on the filing dated August 28, 2025.

Positive

• Material ownership disclosed: The Reporting Persons declared a clear, quantifiable 5.1% stake (22,531,099 shares).
• Passive intent stated: Filing on Schedule 13G with a certification states shares were not acquired to change control.
• Complete signatures and contact details: Filing includes authorized signatures and issuer address, supporting filing validity.

Negative

• None.

Insights

Financial Analyst

TL;DR: Quad-C disclosed a passive 5.1% stake in Compass, signaling a material but non-control position.

The 22.53 million-share holding equals a >5% threshold that requires public disclosure; however, filing on Schedule 13G and the certification indicate the stake is held passively, not for control. For investors, a >5% holder can be relevant for potential shareholder influence or future activism, yet the passive designation reduces immediate governance risk. This holding may affect float and potential block trades but contains no direct operational or financial guidance.

Corporate Governance Expert

TL;DR: Material disclosure on ownership without indications of control or coordination.

Reporting Persons identify shared voting and dispositive power over the disclosed shares, but the Schedule 13G classification and the certification language assert no intent to influence control. That distinction matters for governance: a passive 5.1% holder has visibility and potential leverage in extraordinary circumstances, yet this filing contains no plans or group formation statements that would signal imminent governance action.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Compass, Inc.

(Name of Issuer)

Class A Common Stock

(Title of Class of Securities)

20464U100

(CUSIP Number)

08/27/2025

(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

Quad-C Partners IX, 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

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 22,531,099.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 22,531,099.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

22,531,099.00

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)

5.1 %

12

Type of Reporting Person (See Instructions)

PN

SCHEDULE 13G

CUSIP No. 20464U100

1

Names of Reporting Persons

Quad-C Principals LLC

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 STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 22,531,099.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 22,531,099.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

22,531,099.00

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)

5.1 %

12

Type of Reporting Person (See Instructions)

IA, HC

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, New York, 10011
Item 2.
(a)	Name of person filing: Quad-C Partners IX, L.P. ("Quad IX") Quad-C Principals LLC (together, with Quad IX, the "Reporting Persons")
(b)	Address or principal business office or, if none, residence: 240 W Main St., Suite 600 Charlottesville, Virginia 22902
(c)	Citizenship: Delaware, for each of the Reporting Persons
(d)	Title of class of securities: Class A Common Stock
(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: See Row 9 of cover page for each Reporting Person
(b)	Percent of class: See Row 11 of cover page for each Reporting Person
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: See Row 5 of cover page for each Reporting Person
	(ii) Shared power to vote or to direct the vote: See Row 6 of cover page for each Reporting Person
	(iii) Sole power to dispose or to direct the disposition of: See Row 7 of cover page for each Reporting Person
	(iv) Shared power to dispose or to direct the disposition of: See Row 8 of cover page for each Reporting Person
Item 5.	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:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

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.

Quad-C Partners IX, L.P.

Signature:	/s/ QUAD-C ADVISORS IX, L.P.
Name/Title:	QUAD-C ADVISORS IX, L.P., its General Partner
Date:	08/28/2025

Signature:	/s/ QUAD-C IX GP, LLC
Name/Title:	QUAD-C IX GP, LLC, its General Partner
Date:	08/28/2025

Signature:	/s/ Anthony R. Ignaczak
Name/Title:	Anthony R. Ignaczak, Managing Member
Date:	08/28/2025

Quad-C Principals LLC

Signature:	/s/ QUAD-C MANAGEMENT, INC.
Name/Title:	QUAD-C MANAGEMENT, INC., its Manager
Date:	08/28/2025

Signature:	/s/ Anthony R. Ignaczak
Name/Title:	Anthony R. Ignaczak, Vice President
Date:	08/28/2025

FAQ

How many Compass (COMP) Class A shares did Quad-C report owning?

The filing reports 22,531,099 shares, representing 5.1% of Compass Class A common stock.

Does the Schedule 13G indicate Quad-C intends to influence control of Compass (COMP)?

No. The filing includes a certification stating the securities were not acquired to change or influence control, consistent with a Schedule 13G passive filing.

What voting and dispositive powers does Quad-C have over the reported shares?

The filing shows 0 sole voting power and 22,531,099 shared voting power; similarly 0 sole dispositive and 22,531,099 shared dispositive power.

Who are the Reporting Persons named in the filing for Compass (COMP)?

The Reporting Persons are Quad-C Partners IX, L.P. and Quad-C Principals LLC.

When was the Schedule 13G signed and filed?

Signatures in the filing are dated 08/28/2025 and the event date listed is 08/27/2025.

Where are the Reporting Persons based according to the filing?

The principal business address provided is 240 W Main St., Suite 600, Charlottesville, Virginia 22902; the issuer address is 110 Fifth Avenue, 4th Floor, New York, NY 10011.