Form 4: COTY CEO Converts 1.56M RSUs to Class A Stock

Coty Inc.'s Chief Executive Officer, Sue Nabi, converted 1,562,500 Restricted Stock Units into Class A common stock, increasing her direct beneficial ownership.

Summary

• Sue Nabi, Chief Executive Officer and Director of Coty Inc., converted 1,562,500 Restricted Stock Units (RSUs) into Class A common stock.
• This transaction occurred on September 1, 2025, and was reported as an exercise or conversion of a derivative security.
• Following this conversion, Nabi directly beneficially owns 33,689,786 shares of Class A common stock.
• She also continues to directly beneficially own 7,291,667 Restricted Stock Units.
• Each RSU settled for one share of Class A Common Stock upon vesting.

Sentiment

Score: 7

Explanation: The conversion of Restricted Stock Units into common stock by the CEO is a routine compensation event, but it increases direct insider ownership, which is generally viewed as a positive signal of management's commitment and alignment with shareholder interests.

Positives

• Increased direct ownership of Class A common stock by the CEO, indicating continued alignment of management interests with shareholders.
• Conversion of Restricted Stock Units into common stock demonstrates the vesting of long-term incentive compensation.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: Increased insider ownership may be viewed positively as it aligns management's interests with long-term shareholder value.
• Employees: Demonstrates the execution of executive compensation plans.

Key Dates

Recommendation

While the increase in direct insider ownership through RSU conversion is a positive signal of alignment, it is a routine compensation event and not a direct open-market purchase. Therefore, it typically reinforces a 'hold' position rather than prompting a 'buy' or 'sell' based solely on this filing. The transaction itself does not introduce new fundamental information about the company's performance or strategy that would warrant a change in investment thesis.

Keywords

Coty Inc., COTY, Sue Nabi, CEO, Director, Restricted Stock Units, RSU conversion, Class A common stock, insider transaction, beneficial ownership, SEC Form 4