Spruce House Investment Management LLC Reports 5.05% Stake in Cimpress plc

On May 5, 2026, Spruce House Investment Management LLC and its affiliates filed an amendment to their Schedule 13D regarding their holdings in Cimpress plc (CMPR). The filing indicates that Spruce House Investment Management, acting as the investment adviser, and Spruce House Capital LLC, as the general partner, may be deemed to beneficially own 1,222,633 ordinary shares held by The Spruce House Partnership LLC. This represents approximately 5.05% of the company's outstanding shares based on 24,232,090 shares outstanding as of April 27, 2026. Additionally, individual reporting persons Zachary Sternberg and Benjamin Stein reported direct ownership of 17,873 and 16,805 shares, respectively. When combined with the partnership's holdings, Sternberg's beneficial ownership totals 1,240,506 shares (5.12%) and Stein's totals 1,239,438 shares (5.11%). The reporting persons stated they have not conducted any transactions in the shares within the past sixty days. Zachary Sternberg, a former director of Cimpress, also holds 5,128 unvested performance stock units which are not included in the beneficial ownership totals.