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Insider Trends: Compass Minerals International Insider Exercises Option/Derivative Security to Acquire Stock Sells Portion to Pay Tax, Buy Trend Intact

05/11/2021 12:33

04:22 PM EDT, 05/11/2021 (MT Newswires) -- On May 07, 2021, Kevin S Crutchfield, Director and President & CEO, exercised options/derivative securities for 15,724 shares of Compass Minerals International (CMP) and sold 6,974 shares in the company for $489,714 to meet tax obligations. After accounting for tax obligations this transaction resulted in a net acquisition of 8,750 company shares. Crutchfield, subsequent to the transactions outlined in the SEC Form 4 filing, owns 19,499 shares of company stock, which have a market value of $1.35 million as of the prior-day closing price.

Over the last 90 days, previous to the date of this filing, there have been 17 insider transactions reported to the SEC for Compass Minerals International. These transactions came from the activities of 10 individual insiders that resulted in a net acquisition of 8,439 company shares. In the preceding 90-day window of time, there were 11 transactions from 8 insiders and resulted in the net acquisition of 2,259 shares.

This level of insider transactions is lower than the peer group average in the 19-company Agricultural Chemicals peer group over the last 90-day period. Activity in the peer group averaged 75.9 transactions per company, with company insiders acquiring on average 206,214 shares.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1227654/000122765421000099/xslF345X03/wf-form4_162076436796763.xml

This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.