CompoSecure (CMPO) COO details RSU vesting and tax share withholding
Rhea-AI Filing Summary
CompoSecure, Inc.'s Chief Operating Officer, Gregoire Maes, reported several stock transactions related to restricted stock unit (RSU) vesting and tax withholding. On January 1, 2026, the company withheld 41,709, 28,786 and 35,317 shares of Class A common stock, and on January 2, 2026 it withheld a further 30,515 shares, all at a price of $19.28 per share. In each case, the shares were withheld to satisfy tax obligations arising from RSUs that vested on January 1, 2026.
After these transactions, Maes beneficially owned 645,653 shares of Class A common stock. This includes 285,965 shares owned outright, 110,971 RSUs scheduled to vest in three equal installments on February 26, 2028, February 26, 2030 and February 26, 2032, and 62,650 time-vesting RSUs set to vest on January 1, 2027, all subject to continued service. It also includes 187,952 performance-vesting RSUs that may vest based on performance targets through a vesting date of January 1, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 30,515 | $19.28 | $588K |
| Tax Withholding | Class A Common Stock | 41,709 | $19.28 | $804K |
| Tax Withholding | Class A Common Stock | 28,786 | $19.28 | $555K |
| Tax Withholding | Class A Common Stock | 35,317 | $19.28 | $681K |
Footnotes (1)
- Reflects the number of shares withheld in satisfaction of applicable tax withholding obligations in connection with the net settlement of 73,102 restricted stock units ("RSUs") that vested on January 1, 2026. These RSUs were originally granted on March 16, 2022 in the aggregate amount of 250,000 RSUs and were adjusted in connection with the spin-off of Resolute Holdings Management, Inc. (the "Spin-Off") to include an additional 10,602 RSUs. Reflects the number of shares withheld in satisfaction of applicable tax withholding obligations in connection with the net settlement of 51,064 RSUs that vested on January 1, 2026. These RSUs were originally granted on March 8, 2023 in the aggregate amount of 130,976 RSUs and were adjusted in connection with the Spin-Off to include an additional 7,406 RSUs. Reflects the number of shares withheld in satisfaction of applicable tax withholding obligations in connection with the net settlement of 62,651 RSUs that vested on January 1, 2026. These RSUs were originally granted on March 15, 2024 in the aggregate amount of 160,694 RSUs and were adjusted in connection with the Spin-Off to include an additional 18,172 RSUs, for which the remaining 62,650 RSUs (the "2024 Unvested Time-Vesting RSUs") will continue to vest on January 1, 2027, subject to the reporting person's continued service as of the vesting date. Reflects the number of shares withheld in satisfaction of applicable tax withholding obligations in connection with the net settlement of 53,329 performance-vesting RSUs that vested on January 1, 2026. Includes (A) 285,965 shares of Class A Common Stock owned by the reporting person, (B) 110,971 shares of Class A Common Stock underlying RSUs, which will vest in three equal installments on February 26, 2028, February 26, 2030 and February 26, 2032, and (C) 62,650 shares of Class A Common Stock underlying the 2024 Unvested Time-Vesting RSUs that will vest on January 1, 2027, subject in each case to the reporting person's continued service as of the applicable vesting date. The RSUs will be settled into Class A Common Stock upon vesting and may be settled net of shares withheld to pay applicable taxes. Includes 187,952 performance-vesting RSUs, which will vest over the applicable performance period based on the achievement of the provided performance targets, as set forth in the respective governing award agreement, subject in each case to the reporting person's continued service as of the vesting date of January 1, 2027. The RSUs will be settled into Class A Common Stock upon vesting and may be settled net of shares withheld to pay applicable taxes.
FAQ
What did CompoSecure (CMPO) disclose in this insider transaction filing?
The filing shows that Chief Operating Officer Gregoire Maes had shares of Class A common stock withheld by the company to cover tax obligations arising from vested restricted stock units (RSUs) on January 1, 2026.
What RSU awards for the CompoSecure COO remain unvested after this Form 4?
Unvested awards include 110,971 RSUs vesting in three equal installments on February 26, 2028, February 26, 2030 and February 26, 2032, 62,650 time-vesting RSUs vesting on January 1, 2027, and 187,952 performance-vesting RSUs that may vest based on performance targets by January 1, 2027.
Were the CompoSecure COO transactions open-market sales?
No. The footnotes state that the reported share amounts represent shares withheld to satisfy tax withholding obligations in connection with the net settlement of RSUs that vested on January 1, 2026, rather than discretionary open-market sales.
Which CompoSecure RSU grants are referenced in this insider filing?
The filing references RSUs originally granted on March 16, 2022, March 8, 2023 and March 15, 2024, as well as performance-vesting RSUs, all of which were adjusted in connection with the spin-off of Resolute Holdings Management, Inc. and partially vested on January 1, 2026.