Maarten Wensveen, Executive Vice President and Chief Technology Officer of Cimpress plc (NASDAQ:CMPR), filed a Form 4 on August 18, 2026, reporting the vesting of restricted share units and performance share units, along with a tax-withholding disposition, all occurring on August 15, 2026.

Key Highlights

  • RSU vesting: 1,860 ordinary shares were acquired at $0 on August 15, 2026, under a restricted share unit award, bringing directly held shares to 25,112.
  • PSU vesting - first tranche: 3,697 ordinary shares vested at $0 from a performance share unit award, raising directly held shares to 28,809.
  • PSU vesting - second tranche: 1,303 ordinary shares vested at $0 from a separate PSU award, raising the total to 30,112 directly held shares.
  • PSU vesting - third tranche: 11,683 ordinary shares vested at $0 from a third PSU award, raising directly held shares to 41,795.
  • Tax withholding disposal: 8,968 ordinary shares were disposed of at $94.46 per share via an "F" transaction code, reducing directly held shares to 32,827.
  • Remaining derivative securities: Following the transactions, Wensveen held 14,787, 10,424, and 35,048 performance share units remaining under three separate PSU awards, respectively.

Cimpress CTO's August 2026 Equity Award Settlements in Detail

According to the filing, Maarten Wensveen, who serves as EVP and Chief Technology Officer of Cimpress plc, a global mass-customization platform, reported five transactions on August 15, 2026. The first was the automatic vesting of 1,860 ordinary shares under a restricted share unit award, with each RSU representing Cimpress' commitment to issue one ordinary share. The filing notes that these RSUs vest over a four-year period, with 25% vesting on the initial date and 6.25% of the original grant vesting quarterly thereafter. Following this acquisition, Wensveen's directly held shares stood at 25,112.

Three separate performance share unit tranches then vested on the same date: 3,697 shares from one PSU award, 1,303 shares from a second, and 11,683 shares from a third, each acquired at $0. The filing states that PSU shares vest based on "the level of achievement against the performance conditions," with 25% of determined shares vesting on the initial date and 6.25% quarterly thereafter. After all four vesting events, Wensveen's directly held ordinary shares totaled 41,795. A subsequent "F"-coded transaction -- representing shares withheld for taxes -- removed 8,968 shares at $94.46 each, leaving a final directly held balance of 32,827 ordinary shares.

In Table II, the filing shows that after the RSU vesting, the RSU award balance reached zero. The remaining PSU balances after the respective vestings were 14,787, 10,424, and 35,048 units under the three separate awards. The form was signed by Sean E. Quinn as attorney-in-fact for Maarten Wensveen and filed on August 18, 2026.

What Was Disclosed

The filing disclosed the automatic vesting of one RSU award and three PSU awards totaling 18,543 ordinary shares acquired at $0, along with the disposal of 8,968 shares at $94.46 for tax withholding purposes, resulting in Wensveen directly holding 32,827 ordinary shares of Cimpress plc.