Form 4: Coty Inc. Director Olivier Goudet Reports Share Transactions
SEC Form 4 Filing
Director Olivier Goudet of Coty Inc. reports the acquisition and disposal of Class A common stock and restricted stock units.
Summary
- Olivier Goudet, a director at Coty Inc., reported transactions involving the company's Class A common stock and restricted stock units.
- On November 15, 2024, Mr. Goudet acquired 10,000 shares of Class A common stock and disposed of 20,000 shares.
- He also acquired 25,000 restricted stock units that will vest on November 15, 2029, subject to certain conditions.
- Following these transactions, Mr. Goudet directly owns 100,000 restricted stock units and indirectly owns 1,049,102 shares of Class A common stock through Platin Holdings S.a.r.l.
Sentiment
Score: 5
Explanation: The document is a neutral report of insider transactions, with no inherent positive or negative sentiment.
Industry Context
This is a routine filing related to insider trading activity and is common for publicly traded companies. It provides transparency into the transactions of company directors.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider transactions.
- The reported transactions are typical for directors who may receive stock options or restricted stock units as part of their compensation.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the trading activity of a company director.
Key Dates
| Date | Description |
|---|---|
| 11/15/2024 | Date of stock and restricted stock unit transactions. |
| 11/15/2029 | Vesting date for 25,000 restricted stock units. |
| 11/19/2024 | Date the Form 4 was signed. |
Keywords
Coty Inc., insider trading, Form 4, stock transactions, restricted stock units, Class A common stock, Olivier Goudet, director
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