Form 4: Coty Inc. Director Parize Reports Stock Unit Vesting
SEC Form 4 Filing
Director Isabelle Parize reports the vesting of restricted stock units into Class A common stock of Coty Inc.
Summary
- On February 27, 2025, Director Isabelle Parize had 8,468 Restricted Stock Units (RSUs) vest, which converted into 8,468 shares of Class A common stock.
- Following the transaction, Parize directly owns 69,968 shares of Class A common stock and 125,000 Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The vesting of stock units may have a minor dilutive effect on existing shareholders.
Key Dates
| Date | Description |
|---|---|
| 02/27/2025 | Date of earliest transaction: Vesting of Restricted Stock Units and conversion to Class A common stock. |
| 02/28/2025 | Date of signature by Attorney-in-Fact. |
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