Form 4: Coty Inc. CFO Laurent Mercier Reports Stock Transactions

Coty Inc.'s CFO, Laurent Mercier, reported the acquisition and disposal of Class A common stock related to the vesting of restricted stock units.

Summary

• On November 14, 2023, Laurent Mercier, the Chief Financial Officer of Coty Inc., reported transactions involving Class A common stock.
• Mercier acquired 5,333 shares of Class A common stock upon the vesting of restricted stock units.
• Simultaneously, Mercier disposed of 2,614 shares to cover income tax withholding obligations related to the vesting of the restricted stock units.
• Following these transactions, Mercier directly owns 248,934 shares of Class A common stock.
• Mercier also holds 841,120 restricted stock units.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, like the CFO, and provides transparency into their transactions in the company's stock. It's a standard practice for publicly traded companies.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.
• The transactions have a negligible impact on employees, customers, suppliers, and creditors.

Key Dates