May 15, 2024 · Form 4 insider transaction
Baumeister Michele L sold 34,184 shares of CPSS at $8.24 per share, a transaction worth $281.7K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 2 days after the transaction.
Represents a "net exercise" of outstanding stock options. The reporting person received 25,816 shares of common stock on net exercise of option to purchase 60,000 shares of common stock. The reporting person forfeited 34,184 shares of common stock underlying the option in payment of the exercise price and tax liability, using the closing stock price on May 15, 2024 of $8.24 per share.